Everyone else is blathering on about today's Supreme Court ruling on ObamaCare, so I might as well blather some too. . .
The Court majority has done B.O. no favors with this ruling.
First, the individual mandate was upheld as constitutionally valid under Congress' power to impose taxes. Romeny and the GOP can now enter the 2012 campaign season with a potent weapon: B.O. has set yet another precedent--the largest tax hike on the middle-class in U.S. history.
Second, the majority opinion explicitly rejects the administration's claim that the mandate is valid under the Commerce Clause. This means that the Court has said that the Commerce Clause is not infinitely malleable. . .something the Left has long believed and hoped to have validated in this decision. They didn't get their wish.
Third, the Court severely limits the ability of the Feds to punish states financially for refusing to participate in the B.O. Medicaid shell-game. IOW, states that do not want to help finance ObamaCare by taking on more of the costs of Medicaid don't have to. This means that the cost of ObamaCare just skyrocketed.
Fourth, by leaving most of the law intact and labeling its funding mechanism a tax, the Court has returned the ultimate fate of ObamaCare back to the political arena. Romney's and the GOP's new campaign slogan: Repeal ObamaCare & Obama 2012.
Now, the 2012 presidential election is a referendum on both B.O.'s handling of the economy AND his signature piece of legislation.___________________
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