Wrong call, Obama.

http://www.ft.com/intl/cms/s/0/7ef1848a-bfd3-11e1-bb88-00144feabdc0.html?ftcamp=published_links%2Frss%2Fworld_us_politics%2Ffeed%2F%2Fproduct#axzz1yweCbKid

June 26, 2012 headline: “Obama warns on healthcare ruling”

Today is June 26, and the Supreme Court may reveal their ruling on Health Care Reform bill on THursday Jun 28.

Story by Stephanie Kirchgaessner in Washington   “Barack Obama suggested that any decision by the US Supreme Court to overturn his landmark healthcare law would send the country ‘backwards’ and that Americans did not want to “re-fight” the battle over healthcare.   It was the first sign that beyond the White House’s staunch defence of the Affordable Care Act Mr Obama is prepared to use the law as a rallying cry on the campaign trail. It is a risky strategy: about half the country remains opposed to the legislation, although most voters like the consumer protections that are guaranteed under the law.”

1. Obama looks scared. Damage control before Thursday.

2. Obama is gonna lose points if Healthcare Reform gets struck down, and he goes on the warpath in an attempt to make himself look good – like he represents the will of the people, and is fighting for us in front of the Supreme Court.

Because if Healthcare Reform, or at least the individual mandate, is struck down, the economy is going to jump. Employers will be free from a good degree of uncertainty in their expenses, and will go ahead and hire, or expand, or order, and so on.

So Obama will be running around the coutry ranting against the Supreme Court, while most of us don’t even like the law, and the economy is finally popping.

Man, Romney sure looks out of touch, but Obama really will look out of touch if the scenario runs like this.

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1 Comment

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One response to “Wrong call, Obama.

  1. thelastdemocrat

    I expected HC to get slapped down. It was not. However, SC said it was not OK as written, but a case could be made as a tax, and the SC went ahead and evaluated HC Reform as a tax. Mainly b/c in the arguments, the govt promoted this as a fall-back argument. Altho Obama had sworn HC Reform was not a tax.
    The markets did not jump with joy. Thy dropped a bit over 1%, and retuined to level at the end of the day. So, no market effect – businesses are holding on to their money.
    Spin: Obama says the SC discussion upholds the law. No – they struck it down, then pulled it back up. The prez is a constitutional lawyer and advanced a law judged unconstitutional.

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