Gosh, who saw this coming? The federal government sets up an artificial market for selling health insurance, sets the prices, subsidizes the premiums, goads people to buy who've never before been able to afford it, forbids profits and bans anyone who actually knows what they're doing from running the darn things. How could that possibly fail? Quite spectacularly as it turns out. While the mainstream media ignores all of the following, lest it stumble in its role as Democrat campaign propagandists, the Wall Street Journal editorial page is doing its usual excellent job of telling us what's really happening with ObamaCare. And in short, the economic model is failing. The state exchanges are turning out to be complete disasters, and of the 11.7 million people who signed up for health insurance with subsidized premiums, nearly 2 million of them still can't pay their premiums.

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