It was March 23, 2010, when Barack Obama signed his infamous โAffordable Care Actโ into law.
And in theory it was a nice idea. Healthcare in the US was incredibly expensive, and he wanted to bring costs down. But the execution was abysmal.
Since 2010, the number of uninsured Americans is still far, far beyond their most conservative projections. Medical costs in the Land of the Free have soared to record highs, vastly outpacing both inflation and wage growth.
According to the US Labor Departmentโs Consumer Expenditures data, for example, Americans spent 6.6% of their household budgets on healthcare back in 2010 before Obamacare was enacted.
That share has now risen beyond 8%. This means that Americans are spending more money on healthcare than before, and in many respects, theyโre getting lower quality care: longer emergency room wait times. Longer referral wait times. More bureaucracy.
So, sure, making healthcare more affordable was a nice idea. But the execution was terrible.
And with Obamacareโs execution, one neednโt look any further than the debacle that became the healthcare.gov website.
They started development for the Obamacare website as soon as the legislation was signed. Its cost was originally supposed to be $93.7 millionโ which itself is an astonishing figure for a website. But, as usual with the government, spending quickly spiraled out of control.
According to an internal Inspector General report at the Department of Health and Human Services, healthcare.gov ended up costing a whopping $1.7 billion. And a separate analysis from Bloomberg had the total at $2.1 billion.
(It turned out, of course, that a senior executive at website development company was a college classmate of Michelle Obamaโs at Princeton.)
Well, the Biden administration is not about to be outshined by the Obamas when it comes to gross financial mismanagement. And that leads us to our latest Inspired Idiot of the Week: Transportation Secretary Pete Buttigieg.
Buttigieg is already a distinguished passionate ignoramus.
When a train derailment last year was spewing toxic chemicals all over the town of East Palestine, Ohio, Buttigieg couldnโt be bothered to deal with itโฆ because he was too busy making sure that automobile manufacturers were using female crash test dummies.
(He later on blamed Orange Man for the train derailment).
When it came time to spend $1 trillion from the federal infrastructure bill, Buttigieg went on a series of bizarre tirades claiming that โracism is physically built into some of our highwaysโ and wailed that there were too many white construction workers.
And when a Singapore Airlines flight hit major turbulence last month, Buttigieg immediately shrieked โclimate changeโ as the reasonโฆ even though major turbulence events were far more common 60+ years ago than they are today.
His latest crusade is the ill-fated cause of electric vehiclesโ which US consumers have been soundly rejecting. Today only 8% of consumers buy electric vehiclesโฆ and that number is falling.
Electric vehicle demand is so bad that auto manufacturers are starting to seriously scale back production and investment. It was only a few years ago that several major brands insisted they were going 100% electricโฆ only to see their sales plummet.
Theyโre now walking back those designs and resurrecting the good oleโ internal combustion engine.
This is where the Biden administration has stepped in, recently mandating that, by 2030, 50% of passenger vehicles sold in the US must be electric or hybrid. Again, thatโs more than 6x higher than todayโs level.
Itโs not enough that the government is ignoring consumer demand. They also want to make sure that you pay out the nose.
Like it or not, other countries (especially China) manufacture electric vehicles for far, far less than the US automaker can produce.
Yet rather than allow consumers to comply with the mandate by purchasing cheaper, foreign EVs, Team Biden is slapping huge tariffs on those cars. So, theyโre going to force you to buy an EV, and theyโre going to force you to spend a ton of money on it.
Theyโve also completely ignored basic infrastructure issues.
US energy supply and demand fundamentals are so out of whack that there will likely be electricity shortages within the next 10 yearsโฆ and thatโs even without factoring in the massive new electricity demand from EVs.
A big part of this shortage is demand from power-hungry AI data centers. But there are major supply challenges as well.
Government policy at the state and federal level has forced many electric utility companies to shift to incredibly expensive and inefficient wind and solar production, while shutting down cheap nuclear power plants.
Naturally there are plenty of times when the sun doesnโt shine and the wind doesnโt blow, so the end result is less reliable electricity.
Consider that over the last 15 years, thousands upon thousands of acres of solar panels and wind turbines have been installed across the US. Yet over the same period, total electrical generation in the US has barely moved. In fact, electricity generation today is almost at the same level it was back in 2007.
Electricity supply is simply not growing to keep up with demand. And again, thatโs before taking into consideration the huge bump in electricity demand that will take place when the EV mandate goes into effect in 2030.
Thereโs also a ton of other infrastructure to take into considerationโฆ like the electrical charging stations that will need to pop up all over the country. Every lonely highway, every small town, every backwoods speed trap, is going to need to bring in new, expensive electric charging equipment.
And this is where Pete Buttigieg is once again on the case; he has trained his gaze now on building charging stations across Americaโฆ and allocated $7.5 billion to do so.
How many charging stations do the American taxpayers have to show for this $7.5 billion investment?
7. As inโฆ 1 2 3 4 5 6 7. Seven.
Buttigieg admitted this himself on TV recently, downplaying his failures by suggesting that it will ultimately be the responsibility of consumers to charge their vehicles at home. So, itโs ultimately your problem.
Buttigieg is one of the purest representations of an Inspired Idiot. They donโt even bother trying to understand the problem, let alone the solution. When confronted with a problem, they beat out one of the accepted linesโ racism or climate change or Orange Man.
They push idiotic, impossible mandates and then issue contradictory tariffs without even realizing what theyโre doing. And just like Obamacare, their mandates make people worse off.
And even when they only have ONE JOB to help the process alongโ build some charging stationsโ they canโt even manage to get that right.
With a $7.5 billion budget and just seven charging stations to show the taxpayers, Pete Buttigieg is putting the Obamacare website to shame. And heโs only getting started.