Americans See More Economic Harm Than Good in Health Law

Discussion in 'Politics' started by Stephanie, Jul 5, 2012.

  1. Stephanie

    Stephanie Diamond Member Supporting Member

    Jul 11, 2004
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    vote obama out because of this


    Independents help tilt the balance to the negative

    by Frank Newport

    PRINCETON, NJ -- Americans are more likely to say the 2010 healthcare law upheld by the Supreme Court last week will hurt the national economy (46%) rather than help it (37%), while 18% say they don't know or that it will have no effect.

    Healthcare spending accounts for between one-sixth and one-fifth of the U.S. gross domestic product. Thus, the overhaul of the U.S. healthcare system that the Affordable Care Act provides will certainly have an effect not just on the U.S. healthcare system, but on the U.S. economy more broadly. Not even economists who study this for a living can estimate the ACA's precise impact on the U.S. economy over the years ahead, given that the bill is huge and multifaceted, and carries with it many assumptions about cost savings and how the healthcare system will react to its provisions. Additionally, while some of the law's provisions have gone into effect, the majority of them have yet to be implemented, providing no real-world empirical evidence on its full economic impact.

    Average Americans are certainly in no better position than economists to know exactly how the legislation will affect the economy, but their assumptions and perceptions have political repercussions nevertheless. And at this point, Americans' views on the economic impact of the ACA are more negative than positive.

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    Americans See More Economic Harm Than Good in Health Law
    Last edited: Jul 5, 2012
  2. WillowTree

    WillowTree Diamond Member

    Sep 15, 2008
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    well hell, obamatax took over 1/6 of the economy, which by the way is already in the shit can, what is one supposed to think? nevermind.. liberals will tell us what to think,, yay, even mandate it.

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