The Obamacare Hysteria Bubble Is About to Burst

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It’s time to take bets. Last week the stars aligned and the media went into an insane feeding frenzy about what Obamacare’s rollout problems meant. Democrats in disarray! No, wait. It’s worse. Democrats are running for the exits! No, wait. Next year’s midterms are set to be a disaster! No, wait. Obamacare is doomed! No, wait. Liberalism is doomed!

So here’s the bet. This has pretty obviously become a game of one-upsmanship, and it seems to be continuing this week. For a story to get attention, it has to be even more hysterical than anything that’s come before, so that’s what we’re getting. It’s a doom-mongering bubble.

But bubbles always burst eventually. So when will the backlash arrive? What story will, in retrospect, be seen as the pinnacle of panic-stricken hysteria? Who will write it? When will it appear? Make your guess in comments.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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