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"ObamaCare Debacle Has Wrecked Obama's Credibility As America's CEO"

 

 

By Peter Morici

 

"Peter Morici, an economist and professor at the University of Maryland Robert H. Smith School of Business, is a widely published columnist. Follow him on Twitter."

 

"Thanks to the Affordable Care Act aka "ObamaCare," President Obama has lost credibility as a leader and effective executive with most Americans.

 

A good CEO must work within the strengths and limitations of his organization -- then execute effectively to deliver on the promises he makes.

 

Enter the president’s signature program.

 

He told the American people:

 

- If you can’t buy health insurance, the ACA will make it easy to obtain.

- If you like the insurance you have, the ACA will let you can keep it.

- If you like your doctor, the ACA will let you can keep him.

- If you already have good insurance, the ACA will make it cheaper.

 

The ACA website, HealthCare.gov, even with many efforts at improvement, is simply not easy to use or adequately effective.

As of November 30, 365,000 Americans signed up for insurance via that website and the other exchanges set up by the states.

This is well short of the administration’s target, and makes unlikely that 7 million Americans will sign up by March 31, as projected by the Department of Health and Human Services."

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