The Meaning of Kinda-Sorta Obamacare Repeal and Replace

Okay, so the House passed a “repeal and replace” ObamaCare bill. And it doesn’t really repeal ObamaCare and doesn’t really replace it. Is that good or bad? Is that a win for Trump or a loss? If you read Newt Gingrich, it is a win for Mark Meadows and Tom McArthur, leaders of the right and the moderates in the House, Speaker Ryan and Reince Priebus, and of course President Trump: they all got it done. Have Trump and the Republicans done the best deal possible, or have they punted, like so many Republicans before? Is this all we get after electing Donald Trump to be President of the United States? More important, does this even begin to deal with the problem of the “ratchet effect,” the notion, publicized by Margaret Thatcher’s people, that it is almost impossible to undo the latest entitlement program? The answer, of course is no. President Trump won the 2016 election by bringing the white working class into the Republican Party,...(Read Full Article)