Comment

The Trump Administration Is Preparing to Launch an All-Out Legal Attack on Federal Agencies

309
lawhawk3/14/2017 2:24:58 pm PDT

re: #306 sagehen

Macroeconomic effects were not reviewed by the CBO because of the rush the GOP put on this #GOPDontCare #Trumpcare plan.

If 24 million lose coverage, and some portion of those people get sick, they are likely to stop buying other stuff so they can cover medical costs - medical spending isn’t going to decrease because of the plan. It shifts the burden of who pays entirely onto people who don’t have the capacity to repay.

We’ll see a spate of medically induced bankruptcies, and the GDP will decline, because spending on other sectors will decline as people try to scrounge to cover their medical bills. That harms everyone.