The Gray Lady weighs in on the news that, because of ObamneyCare©, health insurance premiums have skyrocketed.

[ed: in fairness, they didn't couch it that way, ]

Here’s their take:

“” [emphasis added]

Well, they got it half right: health care costs drive health insurance costs.

But what about the oft-repeated, but thoroughly debunked claim that insurance companies continue to rake in obscene profits?

Well, we’ve .

But don’t just take our word for it. Here’s an actual economist:

“.”

Still think that 3.4% profit margin’s “obscene?”