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DR. MARK W. HENDRICKSON: MORE LESSONS FROM HISTORY: HOW OBAMANOMICS MAY PLAY OUT |
When private businesses serve customers poorly, their revenues decline. If their losses are severe enough, they fold. Exactly the opposite happens with bureaucracies. If they fail to get the job done, Congress typically appropriates more funds for them…. [T]he same dynamic will play out with Obamacare, too, unless it is repealed. It’s the nature of the beast.
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