No, Mr. President, Obamacare is Not Like My iPhone …

During a Rose Garden press conference this week, President Obama tried to explain away the vast number of problems accompanying the launch of Obamacare with the following statement:

“Consider that just a couple of weeks ago, Apple rolled out a new mobile operating system, and within days, they found a glitch, so they fixed it. I don’t remember anybody suggesting Apple should stop selling iPhones or iPads or threatening to shut down the company if they didn’t. That’s not how we do things in America.”

So, Barack the Wealth Spreader compares the Obamacare rollout to an Apple product launch. Um … where to begin?

First, Mr. President, Apple does not require that I buy its products. If I decide not to pick up the latest version of the iPad, I am not subject to an involuntary tax on my income, enforced by agents of the IRS.

Second, Apple sells wonderful products and provides excellent customer service. Have a problem with a defective Apple product? Take it to a local store and they’ll fix or replace it – often with no questions asked. Have a problem with Obamacare? Stuff it. Take your medicine … whether you like it or not.

Third, Apple can go out of business if it runs out of money. When Obamacare runs out of money, the Fed will just print more.

Fourth, Apple stores are highly accessible. And you can always get online at Apple.com. Not so much with Healthcare.gov, where millions were unable to access the Obamacare exchanges this week.

Fifth, for the new iPhone to be like Obamacare, it would have to cost billions of dollars and still not work.

Jim Signorile

Managing Editor, The Sovereign Investor

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