Obamacare "worse than we thought"

James C. Capretta and Yuval Levin explain why I'm hopeful that Obamacare will die in the waiting room. Excerpt:

The reasons for the public revolt are easy to see. The Democrats want to spend $1.5 trillion over a decade, impose an $800 billion tax increase in the midst of the worst recession in a generation, increase federal borrowing by $239 billion (on top of the $11 trillion the Obama budget already requires us to borrow through 2019), impose costly mandates on employers that will discourage hiring as unemployment nears 10 percent, force individuals to buy one-size-fits-all government defined insurance, and insert the government in countless new ways between doctors and patients. All of that would occur whether or not the plan includes a "public option," which at this point it does include and which will exacerbate all of these problems.

As these facts have become clear, Obama's standing has fallen and public opinion has grown decidedly less enthusiastic for the administration's approach. The trend is likely to continue, because the details of the plan reveal that its two most serious drawbacks--its cost and the prospect of government rationing--are worse than even most of their critics have grasped.

Then they go on to explain several drawbacks including the premium subsidy program and the centrally managed and controlled care implicit in the bill. Here's their conclusion:

Paying more for a great health care system might perhaps be justifiable, and there might even be a case for accepting a system worse than the one we have now in order to save money. But paying more for a worse health care system simply makes no sense--yet this is the bargain the president and his allies are proposing.