Now that President Obama has signed his health care bill into law, people are saying that the overhaul will do this or will do that. But given the pains to which the Democrats went to structuring the legislation so as to avoid presenting its true ($2 trillion-plus) ten-year costs to the American people, it's really more accurate to continue to say that the legislation would do this or that. For the Democrats won't ever get to implement their health care overhaul in any meaningful way unless President Obama wins reelection, or unless enough Obamacare-supporting Democrats remain in Congress to thwart the following five-word agenda: Repeal, and then real reform.
Based on CBO projections over the next decade, only 1 percent of the legislation's costs will have kicked in over the next three years. The CBO projections cover the 2010 to 2019 stretch of Obamacare, with most entitlements not kicking in until 2014. So, most of Obamacare will not be implemented until after the next two elections. We'll see if the American people freely choose to send enough Obamacare-supporting Democrats -- including President Obama -- back to Washington, to complete their perhaps unprecedented project of ignoring the people's will. Don't bet on it.
Some will say that the American people are squeamish about repealing major initiatives, that they lack the stomach for it. To the contrary, I suspect that, early in 2013, the American people will drink a toast to celebrate the repeals of two of the worst legal developments on record: the 18th Amendment and Obamacare.