Current Events > The GOP health bill is good for economic activity, but only in the short term

(+) Yeah! (+)

http://www.commonwealthfund.org/publications/issue-briefs/2017/jun/ahca-economic-and-employment-consequences

The AHCA would raise employment and economic activity at first, but lower them in the long run. It initially raises the federal deficit when taxes are repealed, leading to 864,000 more jobs in 2018. In later years, reductions in support for health insurance cause negative economic effects. By 2026, 924,000 jobs would be lost, gross state products would be $93 billion lower, and business output would be $148 billion less. About three-quarters of jobs lost (725,000) would be in the health care sector. States which expanded Medicaid would experience faster and deeper economic losses.
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They don't care. They just need it for midterms.

Balrog0 posted...

leading to 864,000 more jobs in 2018

That isn't bad to campaign on

Balrog0 posted...

By 2026, 924,000 jobs would be lost, gross state products would be $93 billion lower, and business output would be $148 billion less.

And by this point a Democrat would likely be in the White House.

So I guess that's their problem then?
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I agree, the legislation is well-written politically for that reason. Republicans are very shrewd policymakers.

The real damage (per capita caps on Medicaid) isn't done until after a new president is in, basically.
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Balrog0 posted...

I agree, the legislation is well-written politically for that reason. Republicans are very shrewd policymakers.

The real damage (per capita caps on Medicaid) isn't done until after a new president is in, basically.

Typical
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