Monday, May 8, 2017

Only if you ignore Obamacare taxes

Mark Thoma:

If the Republicans are successful, and that is not assured at this point for either piece of legislation, it will increase economic insecurity for most households. For example, Obamacare has significantly reduced medical bankruptcy, a worry for families who do not have health insurance. If Obamacare is repealed, those worries will return for tens of millions of households and become a reality for many of them.

Mark Thoma has no clue about whether Obamacare was a net positive of negative as Obamacare is not yet stable, it spirals still.  In fact, I find Mark Thoma makes a lot of unsubstantiated assumptions, then decides a one sided argument in his favor. 

Here is a fact.  Obamacatre is spiraling and that is costing the middle class money and making poverty.  Mark Thoma has not shown any path forward that solves the adverse selection problem.

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