Friday, February 21, 2014

Obamacare: Economic Boon?

On February 13, 2014, an article posted in Time titled Obamacare Economic Boon? Duncan Black makes an argument that Liberals haven't emphasized enough about the Affordable Care Act: that it could be a shot in the arm for the economy. Black's argument is, though we have a long road ahead of us in getting the Affordable Care Act to where it needs to be, there is no reason not to give it a try. Based on the report given by the CBO that 2 million jobs will be lost under the Obamacare; however, Black believes that 2 million people would leave their jobs. All in all as of today there is good news for the Obamacare, more than 1.1 million new enrollments were completed in February, within those new enrollments, included healthy young adults. He brings up a good point. If other countries have managed to provide national health insurance without too much of a fuss, why are we making a BIG deal out of wanting to provide health care to not only those with pre-existing conditions, but those who have families to care for. He also mentions, "this law is far from perfect, and has imperfections as should be expected, but it can be modified."

I myself am all for the Affordable Care Act (Obamacare). Though we have a long road ahead of us  in getting it where it needs to be, but I believe this could be good for the US. Wish I knew how this would be a benefit for the US, but I have a good feeling that this will make for possibly a better government. (fingers crossed)

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