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Senior Contributor
Posts: 604
Registered: ‎04-09-2013

Re: What ever happened to trumps health insurance plan ?

I suspect that some people may have overlooked the windfall profits they made from Obamacare (a.k.a. Affordable Care Act).

 

Since 2010, while the bottom 90% were bickering over their ever increasing premiums, deductibles, co-pays, and reduced access to "appropriately credentialed" healthcare; prudent investors and those in possession of some judicious Washington DC inside information were all busily investing in the Obama healthcare insurance industry. This industry included United Health, AETNA, Cigna, Humana, and Anthem.

 

When President Obama left office last January, the S&P 500 Index was up 270% since March 9, 2009. Better still, the above mentioned companies were all up (since January 2010) by nearly 350% last January. Fast forward to the election of Donald J. Trump in November 2016...since then, the S&P 500 Index is up 23%, but the Obamacare health insurance industry is now up over 70%. Whoo hoo and God bless America!

 

Moral: If a fist fight between an avid Breitbart/Fox viewer and a MSM lover breaks out in front of the Disney World ticket booth; it matters not the slightest who wins the brawl just as long as...(and this is the really important part)...they both pay their money for admission.

 

["Democracy is based on the principle that the common man knows what he wants and that he usually get's it....good & hard." H.L. Mencken]