Will the Implementation of Obamacare Hurt the Nationn's Economy?
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Will the Implementation of “Obamacare” Hurt the Nation’s Economy? “President Obama made this telling claim about his signature health-care law: Americans are “Going to the able to sign up for affordable, quality health insurance at a significantly cheaper rate than what they can get right now in the individual market.” (Roy p.1) Since President Obama introduced the legislation bill of the Affordable Care Act, there has been mixed feelings, as a nation, on how it can possibly affect their lives, but more importantly, the economy that is already in chaos. It is interesting to see that even though the nation as a whole is not in favor of the Affordable Care Act, the population will still be in favor of what the Democratic party proposes for…show more content… Although the Affordable Healthcare Act, also known as Obamacare, claims to be different from other countries that have socialized their healthcare, it is actually quite similar to them. For example in countries like Canada and Great Britain both have similar systems that are like Obama is trying to implement here in the United States. “This approach has proven a failure in other countries, leading to the rationing of care and the lowering of standards. It will prove disastrous here - a pubic-policy malpractice.” (Gratzer p.4) With this implementation, we could be going down the same path of these countries that have a government run health care system. Even with the system that we have now, that is causing such great inflation in the economy, it will be the same with or without this new legislation. “Government managed health care systems are facing the same problems with the health inflations.” (Gratzer p.11) It is quite clear in both systems that inflation is almost unavoidable. That can be caused by a much deeper root cause of how these legislations are being implemented and played out. “Blame socialized healthcare, which produces rationed care wherever it appears.” (Gratzer p.8) Another great issue with the Affordable Care Act is that it will rationed out, which can cause people to wait for treatment for a really long time. In