The GOP’s Healthcare Faceplant: A Decade of Excuses and Zero Solutions

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Republicans spent years campaigning on “repeal and replace,” yet when the moment came, they had nothing—no plan, no replacement, no preparation. This segment breaks down a decade of missed opportunities, internal dysfunction, and empty promises as the party still fumbles health-care reform while premiums soar and insurers rake in record profits. From the McCain vote to today’s hollow pledges of “working hard on healthcare,” it’s an indictment of a party that criticizes Obamacare but never bothered to build an alternative.

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
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and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
We have ourselves and embarrassment, a healthcare embarrassment, Obamacare embarrassment,
and quite frankly, yes, it is an embarrassment for the
Republican Party. Republican Party for a very long period of time,

(00:37):
completely incompetent. There's no doubt about it. They are completely incompetent.
I remember talking about this with the repeal and replace
in Trump's first term, because it had two parts, repeal

(00:58):
and replace. They talked about repeal, but they didn't have
anything to replace it with. And oh there was a
bill out there. No, it wasn't. It wasn't fully written,
it wasn't put together. I looked at it. It was
a joke, one would think. And I'm a business owner, Okay,

(01:23):
I'm a business owner. You need to be prepared for everything.
If I was again running the Republican Party, one would
think that they might have prepared ahead of time various
different pieces of legislation ready to go ready to go.
Say okay, we take power, we get the presidency, we

(01:46):
get the House, we get the Senate. We have these
pieces of legislation ready to go, hit the ground running.
Because that's what the Democrats did. Oh yeah, oh didn't
have Obamacare ready to go. Oh my god. They steve
that it was a garbage piece of legislation. I was

(02:09):
actually one of the people tasked. They gave me a
bunch of pieces of Obamacare to go through. I mean, complicated,
made no sense, Paul Ryan. But you know, remember they
had that meeting. What is it the what is it called.
It's the house across the street from the White House.
I don't know, I forget that's where the meeting was.

(02:31):
And I member Paul Ryan being there and taking this
apart and telling me it was exactly what was going
to happen. But hey, Republicans lost incomes. Donald Trump runs
on repeal and replace. They didn't have anything, absolutely nothing
to replace it with, and quite frankly, they didn't really

(02:55):
want to be bothered. And I'm sticking by this because
that they I've mentioned this before on the program. He's like,
that's McCain's vault. McCain volunteered and it was They probably
asked him, we need you to vote this down. We
already know that there's animosity between you and Trump, so
you have an excuse for doing it. And if it

(03:18):
wasn't him, it would have been somebody else. They Republicans
don't like to put the work in. I mean, think
about this right now, you're watching these arguments that are
taking place. I'm getting story of moderate House Republicans introduce
long shot ACA subsidy extension. Billie. They want to extend
these COVID Biden COVID subsidies for what two three years. Oh,

(03:44):
we're gonna put some We're gonna put some things into
protect from waste and fraud. Oh, shut up, you're so
full of crap. It's not funny here. Mike Johnson is
planning a long process to fix healthcare. Yeah, Blooney speaker

(04:05):
says he anticipates working on healthcare through the second quarter
of next year. We're gonna have a vote before the
end of the year, for sure, and then we're gonna
continue to do improvements along the way in the first quarter,
second quarter. There's a lot to fix in healthcare. We've
all acknowledged that. Well, why haven't you guys fricking gotten
it done already? What do you have? What do you have?

(04:29):
You're so you're so ready for voting for you people?
Honestly is we're not Biden, and we're not Communists, and
we're not Marxists, and we're not Aoch and we're not
in Jasmine Crockett. I mean, that's it. You've got nothing nothing.
How could you not have something ready? Obamacare got fully

(04:50):
rolled out in twenty fourteen. This is kind of interesting too.
Do you know that the news money coming into the
seven largest health insurance companies have gone from five hundred
and eleven billion twenty fourteen to one point five trillion dollars. Yeah,

(05:16):
this is where we're at right now. This is where
did you vote for this? You over this again? Listen.
I don't know a single Thomas Massey I would hire
because he's a real smart guy. I don't know how
business savvy Rand Paul is, but he makes a lot

(05:37):
of sense. Ron Johnson, I know understands business. But would
you name a Republican there that you would have run
a business for you? I mean there is incompetent is
in company? Could be now Ram and Man, you I'd
hire him in a heartbeat. Oh yeah, Obama's former chief

(05:59):
Hey high him in a heartbeat. Mover or say get
things done, and this is what we get. And then
they parade themselves on where we're doing the hard work
of healthcare and the hardware work. Healthcare is hard and
it's hard, and Obama and it's hard, and subsidies and
working hard for American families shot up. Seriously, I'm disappointed,

(06:26):
trying to think of you know, maybe we just need
like Congress to go away for a couple of years
and just to see how the country operates without them
at all. Watchdog on Wall Street dot Com