Why do people think Obamacare is in a death spiral?
It has the force of law. Uncle Sam is spending hundreds of billions of dollars on it still. The taxes, regulations and mandates all remain in force even if some have been ignored or delayed.
That a few crony-capitalist insurers, who imagined this fascist political-crony scheme would pay off for them have learned otherwise. But that means nothing.
Obamacare MUST be dismantled, piece by piece.