Perhaps this biting commentary regarding the failures of Obamacare served as a stinging wakeup call for the President. As the article points out, no matter how many in the media and government try to spin it, the collapse of the current healthcare market ISN’T growing pains by any stretch of the imagination.

The basic point these people are making is that yes, there are massive rate hikes, insurers are bailing, competition is withering and enrollment is lagging. But this is all to be expected as this new market settles in.

The Los Angeles Times — in an editorial after Aetna (AET) made its shocking announcement about dropping out of all but four ObamaCare markets — summed this view up by saying that ObamaCare critics were “confusing the growing pains of a new market with the death rattle of a failing one.”

The Times could not be more wrong.

The Times isn’t the only one who has it wrong. The Democrats who so forcefully shoved this putrid mess down our throats got it wrong as well. Who else STILL has it wrong? Obama.

He held an emergency meeting this week with all the major insurers, EXCEPT Aetna and UnitedHealth Group, asking them to stay the course.

“We know that this progress has not been without challenges,” Obama wrote this week to each insurer selling Obamacare plans. “Most new enterprises have growing pains and opportunities for improvement. The Marketplace, while strong, is no exception. Time and experience will help drive that improvement, as will constructive policy changes.”