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Consequently, Obamacare has become more of an entitlement rather than an improved, affordable product people want to buy. And like most other products dependent on financial assistance to convince people to buy, Obamacare will fail to sustain itself long-term without significant ongoing government financial support.
President Barack Obama's health care reform plan became law in 2010 as the Patient Protection and Affordable Care Act, more commonly known as Obamacare. His goal was to lower health care costs. He also wanted to improve the quality of life for those who couldn't get health insurance from their jobs.