Why are Millennials disapproving of ObamaCare? Here is the profoundly brief answer and they may spell the end to this poorly written legislation.

As it turns out,  the end of the Millennials love affair with Obama has arrived and the cause?  The startling fact that Obama is using them and their incomes to "transform" this nation.  That was not to be a part of the deal.  

The National Journal tells us the bad news for Obama:  

Young Americans are turning against Barack Obama and Obamacare, according to a new survey of millennials, people between the ages of 18 and 29 who are vital to the fortunes of the president and his signature health care law.

The most startling finding of Harvard University's Institute of Politics: A majority of Americans under age 25--the youngest millennials--would favor throwing Obama out of office. . . . .  see the National Journal , here. 

57% of Millennials disapprove of ObamaCare and are not buying Obama's "gift"  to them. This is critical and may spell the beginnings of what many call "the death spiral" as to ObamaCare and its ability to sustain itself.  

In the flood of words coming from foe and proponent alike,  one thing that seems to be true is this:  if this healthcare "reform" bill cannot attract the numbers needed for sustainability,  it will not continue.  And I mean to say,  "It will not survive as the law of the land."   

There will be no endless "propping up" of this program if it fails during its "maiden season,"   its first three years AND that failure is deemed "undeniable" by all concerned.  If that is where we are headed,  as a nation,  what mess it will be;  what an indictment against those who forced this bill on a nation that protested its legislation from the very beginning.     

What is the issue for Millennials?  Specifically,  they are finding that they are being required to spend 10% of their after-tax income on this insurance,  with high out-of-pocket expenses (including co-pays when visiting a doctor), even after subsidies,  and a first year annual deductible of between $2,000 and $6,000 dollars, depending upon which state in which they live.  Understand their future reality includes the promise that monthly premium costs,  co-pays and deductibles will  only rise each year following their enrollment into this program.   

What is most incredible to this editor is the fact that this transfer of wealth has,  as its base,  the healthy adult population of this land,  those between 18 and 34;  folks who are not yet earning the national average as to annual income and are hardly considered "wealthy."  What they have in the absence of wealth is their health. 

Obama needs this youth market.  Their paid premiums represent a 95% profit margin when contrasted with premiums paid by the older and less healthy population.  ObamaCare must have a population of healthy payees who make almost no demand on the coverage they are paying for,  so that the indigent poor and elderly can receive benefit.    

Without that youthful population,  it does appear that this piece of legislation is destined to being revisited, and,  perhaps,  repealed by a bi-partisan commission,  sometime in the near (the next two or three years)