ObamaCare could be facing a Marie Antoinette moment. In case you didn’t know, she was the Queen of France who reputedly said of the starving peasants, “let them eat cake.” That was of course, just like telling someone who is hungry and broke, why don’t you just eat at the Harvard Club like the rest of us?
Marie Antoinette was later beheaded during the terror of the 1790s.
Her comment, which she may or may not have made, seems reminiscent of news earlier this month about the so-called Affordable Care Act. In November, one healthcare insurer warned that it may pull out of the ACA exchanges after 2016, citing low enrollment and poor economics.
There appears to be nothing stopping such a move, which may or may not be ok depending on how you look at the problem. Read more here.
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