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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsObamacare repeal will cost 3 million jobs.
CNBC:
Spending less by getting rid of Obamacare could end up costing a whole lot more.
Up to 3 million jobs in the health sector and other areas would be lost if certain key provisions of the Affordable Care Act are repealed by Congress, a new report said Thursday.
At the same time, ending those provisions could lead to a whopping $1.5 trillion reduction in gross state product from 2019 through 2023, according to the study.
"Repealing key parts of the ACA could trigger massive job losses and a slump in consumer and business spending that would affect all sectors of state economies," said Leighton Ku, director of the Center for Health Policy Research and professor at the Milken Institute School of Public Health at George Washington University.
Up to 3 million jobs in the health sector and other areas would be lost if certain key provisions of the Affordable Care Act are repealed by Congress, a new report said Thursday.
At the same time, ending those provisions could lead to a whopping $1.5 trillion reduction in gross state product from 2019 through 2023, according to the study.
"Repealing key parts of the ACA could trigger massive job losses and a slump in consumer and business spending that would affect all sectors of state economies," said Leighton Ku, director of the Center for Health Policy Research and professor at the Milken Institute School of Public Health at George Washington University.
Link: http://www.cnbc.com/2017/01/05/obamacare-repeal-costs-3-million-lost-jobs.html
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Obamacare repeal will cost 3 million jobs. (Original Post)
kstewart33
Jan 2017
OP
oldtime dfl_er
(6,930 posts)1. and probably
as many lives. Paul Ryan and Mitch McConnell are sick sick sick
ProfessorGAC
(64,852 posts)2. You Don't Understand Oldtime.
None of this was specifically written in the Fountainhead, so Ryan wouldn't know anything about this stuff!
That Randian nonsense is all he knows.
Wellstone ruled
(34,661 posts)3. That number is a very low estimate.
The largest employment growth area has been Health Care. Seems to me it was north of 10 million and that was do to ACA. What is not mentioned is other areas that receive funding as a result of ACA. And those are Community Health Care programs all over the Nation. Especially Mental Health many Homeless programs.
There again,the Republicans do not give a rats ass about the Homeless or the impoverished.