Skip to comments.Study claims RomneyCare cost MA more than 18,000 jobs
Posted on 09/15/2011 10:58:53 AM PDT by Nachum
Mitt Romney has tried to accomplish two tasks in his debate performances defend his health-care overhaul in Massachusetts known as MassCare but often called RomneyCare, and tout his record as a governor whose policies fostered job creation in the state. A new study by a conservative think tank at Suffolk University will complicate both strategies. According to the Boston Herald, the study shows that MassCare cost the state more than 18,000 jobs since its enactment:
The Bay States controversial 2006 universal health-care plan also known as Romneycare has cost Massachusetts more than 18,000 jobs, according to an exclusive blockbuster study that could provide ammo to GOP rivals of former Gov. Mitt Romney as he touts his job-creating chops on the campaign trail.
Mandating health insurance coverage and expanding the demand for health services without increasing supply drove up costs. Economics 101 tells us that, said Paul Bachman, research director at Suffolk Universitys Beacon Hill Institute, the conservative think tank that conducted the study. The Herald obtained an exclusive copy of the findings.
The shared sacrifice needed to provide universal health care includes a net loss of jobs, which is attributable to the higher costs that the measure imposed, said David Tuerck, the institutes executive director.
Its not the only cost imposed on Massachusetts, either. The study claims that MassCare increased health insurance costs by over $4.3 billion dollars and kept more than a quarter-billion dollars of outside investment from taking place over the last five years. Moreover, the Beacon Hill Institute disagrees with Romney that there are significant differences between the system he signed into law and the one Obama signed into law on the national level:
(Excerpt) Read more at hotair.com ...
Who cares, they wanted it. Let the fools deal with it. The only problem is when you have this system the question is not how to get rid of it, but what it is not doing.
[ defend his health-care overhaul in Massachusetts known as MassCare but often called RomneyCare ]
How can you defend against something like that(Romneycare).?..
IF the people of Massachusetts loves you.!!!.. (by electing you)
There MUST BE something severally WRONG with you..
LOOK who the people Massachusetts ELECTS!!!!?..
Being elected in Mass. is Romneys WORSE negative..
Population of MA = 6,547,629
Population of USA = 308,745,538
So, the predicted number of jobs which will be lost as a result of Obamacare could be expressed as
18,000 * 308,745,538 / 6,547,629 =
848,768 jobs to be lost.
Now, according to democrats, unemployment checks and food stamps actually IMPROVE the economy.
And THAT explains why they claim Obamacare will be GOOD for our economy! I've been wondering about that...
I hope they're dead wrong.