The Obamacare Hysteria Bubble Is About to Burst

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It’s time to take bets. Last week the stars aligned and the media went into an insane feeding frenzy about what Obamacare’s rollout problems meant. Democrats in disarray! No, wait. It’s worse. Democrats are running for the exits! No, wait. Next year’s midterms are set to be a disaster! No, wait. Obamacare is doomed! No, wait. Liberalism is doomed!

So here’s the bet. This has pretty obviously become a game of one-upsmanship, and it seems to be continuing this week. For a story to get attention, it has to be even more hysterical than anything that’s come before, so that’s what we’re getting. It’s a doom-mongering bubble.

But bubbles always burst eventually. So when will the backlash arrive? What story will, in retrospect, be seen as the pinnacle of panic-stricken hysteria? Who will write it? When will it appear? Make your guess in comments.

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Owned by no one—except you.

We just keep seeing it happen: Newsrooms owned by billionaires and corporations are spinning their own narratives, overwriting the truth, following only stories that keep them in the pocket of those with even more power.

Not here. We’re not owned by anyone. We’re not part of any cult that demands our allegiance to a bottom line. We’ve spoken up and spoken out while other newsrooms changed their stories—or cut them altogether—to keep the C suite happy.

Our mission is to find the truth and amplify it. That’s why we’re independent, nonprofit, and, crucially, funded by readers. The investigations on our website will always be free to read, watch, and listen to, but our newsroom is powered by readers who pitch in what they can so we can keep asking the hard questions.

Can you chip in today?

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