Unintended Consequences of Health Care Law

April 19th, 2014 7:43 am | by John Jansen |

The liberal Bible, the New York Times, counter intuitively reports on an increase in health care spending recently. The gist of the story is that after a period of stabilization health care spending is rising. Some of the increase results from the end of the Great Recession and the sharp decrease in spending during that period. The other probable cause (and economists are not sure yet if this is precisely accurate) is that more people with coverage would begin to use those medical services to which they previously had no access. According to the article if the surge in spending proves to be a function of the new coverage for many then government and private business will have to find some way to control those costs or those costs will begin to crowd out necessary spending in other areas.

Ms Pelosi was a genius and spoke the truth when she famously quipped that we have to pass the bill so we can find out what is in it.

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  1. 2 Responses to “Unintended Consequences of Health Care Law”

  2. By martincatt on Apr 19, 2014 | Reply

    health care spending is rising day by day…this is good for us….

  3. By Nemo on Apr 20, 2014 | Reply

    The stated plan was for government to lower the cost of something by spending $1 trillion buying it.

    I never did understand how that was supposed to work, exactly, but then I am not an economist.

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