Some are cheering the Supreme Court's ruling that upheld the subsidies for purchasing health insurance by those who could not otherwise afford it. It is not preserving the subsidies that has the most impact on the future of Obamacare, but other provisions left unchanged in the law.
The subsidies depend on sufficient revenue from taxation to fund them. The fatal flaw in the act is its mandate that employers provide insurance for full-time employees.
The architects of the act lacked sufficient forethought of the fact that many employers would reduce their work force to more part-time employees to escape the mandate of increasing their overhead. The natural result to ensue is less employment and, therefore, less tax revenue to fund the insatiable appetite of government for the wealth of those who earn it for redistribution to those who did not earn it.
Abraham Lincoln warned of this outcome when he said, "There has never been but one question in all civilization -- how to keep a few men from saying to many men: You work and earn bread and we will eat it."
Government cannot legislate its version of "fairness" and apply it to every situation. As the editor and journalist Herbert Bayard Swope observed, "I can't give you a sure-fire formula for success, but I can give you a formula for failure: try to please everybody all the time."
D. Merrill Adams