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Dennis -- -- -- right Peter thank you very much.
And let's bring in Steve Forbes chairman of Forbes media -- -- chief of Forbes magazine.
Welcome Steve you know I worked for it for nine years I know you're no fan of regulation generally.
What do you make of this latest wrinkle and delay and Obama care.
What just goes to show the laws unworkable I think it's a collapsing on its own volition.
The administration knew there was not gonna work for a 2014 even the exchanges are in deep trouble.
And so -- this way they hope to get a past mid term elections and hope that way they can now have it up and running by the time 2016 comes around.
At least not -- -- shellacking in 2014.
Obama thinks he can still win the 2014 elections and put the rest of his agenda -- I think he's mistaken but he's still gonna try to do it this -- one manifestation of it.
CC the political motivation here what about business motivation -- was -- California's he was Aetna UnitedHealth -- they're exiting the individual health and that is that market it's a business choices well offer many come.
Yup and this gets to the fact that -- contrary to all -- proclamations.
Obama cares and end up making health care cost more.
Because when government takes charges something gets heavily involved in something.
Prices go up and an amount of health care goes down or any other product goes down free markets means turning scarcity into abundance.
Government means turning abundance of the scarcity we see this unfolding here.
Do you think did delay of Obama care passed in -- fifteen is getting in any way help the Democrats in the mid term elections a 2014 you know we've been reading.
Basically it ten -- eleven months of the bad headlines about Obama care problems that would maybe -- some of the vote.
I don't think so I think it just underscores that this thing was so good why did they have to a postponed for a year and a half.
And it underscores that this thing is highly complex people already seeing prices are going up.
And contrary to all the hoopla about the exchange and California.
Major players are moving out of that market that's huge so people around -- end up paying more for less even with the subsidies trying to get young people to buy.
Health insurance for several thousand dollars good luck.
-- didn't give even -- The National Retail Federation made a comment that we weren't ready for this day administration isn't ready because the Supreme Court was -- overturn this.
Well -- even if they thought the Supreme Court was gonna do what it did a year ago the complexity of this thing is just mind boggling.
Mean small businesses every business you know have to keep time sheets in -- way you never did before to make sure somebody is whether full time or part time the IRS is that issue regulations -- -- seasonal workers.
-- jobs that are -- normally a full time.
And in terms of -- paper you have to file with the income tax return.
You're not gonna have to file a paper from your insurer saying you how -- your employer saying you have the insurance if not the IRS may come after you.
And people -- just said enough.
Now opponents of volunteer call as a job killer you've got that rule that says paid employer if you have over fifty employees and they work longer than thirty hours a week I think they decided that counts as full time you -- -- -- Is there any chance to lift some of those rules that end up resulting in things like that maybe if you take away a thirty hour cap you don't hurt high.
Hiring as much.
-- I think the administration is almost beyond that I think they they think that this really would start to undermine the whole law itself.
And dead even even on the tax on medical devices which the senate supposedly -- were all against this that was -- no non binding resolution.
This administration's gonna keep as much of it as they can that they get -- past when he fourteen then we can really charge and 2015 we get back of the house.
-- to the Democrats.
I think they're delusional.
I think if people see this thing is just a monstrosity in this day -- age to have one and affect government running health care when he had when you have the Internet.
Preposterous and pushing everything out that's why -- -- -- really hurt.
Hillary Clinton as she tries to beat a Democrat running for.
Election got to wonder what happens there if obamacare -- you know while military Hillary care not not a good combo right appreciated millionaire Steve thank our -- to see if I don't think he.
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