Saturday, December 07, 2013

Obamacare supporters are taking the credit for slowing the rate of increase!

Paul Krugman is an embarrassment to his profession.

“Whatever the cause [slowing of the rate] , it started early on George Bush’s watch—not under Barrack Obama.

Moreover, ObamaCare doesn’t really begin until this coming January. All the changes up to now have been cost increasing—providing risk pool insurance to the uninsurable, forcing private plans to cover more benefits, and adding such extras to Medicare as free “wellness exams.”

So how does Krugman manage to give ObamaCare any credit for a slowdown in spending? He begins by noting that a 2011 letter signed by hundreds of health and labor economists pointed out that “the Affordable Care Act contains essentially every cost-containment provision policy analysts have considered effective in reducing the rate of medical spending.” “

http://www.independent.org/newsroom/article.asp?id=4817

2 comments:

Anonymous said...

They should take credit. It takes a lot of planning to implement a large program, and implementation has already begun. Norma, sounds like you never planned a BIG project that had to hit a deadline and be implemented perfectly. To hit the deadlines in the ACA, a lot of planning has occurred all up and down the line so that business can go on as usual. And parts of ACA that can be implemented are being implemented every day. It will be OK, a lot more people will have health insurance in the end, and the good life of the USA will go on. You have so little faith for a so called woman of faith.

Norma said...

So you really blame/credit Bush for the slowing rate of increase, since the chart begins with his administration. The faith of atheists is amazing. It even predates their messiah.