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TomCADem

(17,443 posts)
Mon Mar 13, 2017, 11:44 PM Mar 2017

Krugman - Trumpcare vs. Obamacare: Apocalypse Foretold

Krugman calls it given the devastating conclusion that 24 million, not 15 million, people would lose health coverage under the Trumpcare bill. This does not even really address how coverage would be watered down under Trumpcare's relaxed standards of what constitutes coverage.

It is a wonder that any liberals actually believed the troll bots that attacked Rachel Maddow or Paul Krugman prior to the election.


https://www.nytimes.com/2017/03/13/opinion/trumpcare-vs-obamacare-apocalypse-foretold.html?action=click&pgtype=Homepage&clickSource=story-heading&module=opinion-c-col-left-region&region=opinion-c-col-left-region&WT.nav=opinion-c-col-left-region

The Congressional Budget Office report on Trumpcare is out, and it’s devastating: 14 million people losing insurance in the first year, 24 million over time, with premiums soaring for older, lower-income Americans — in many cases, the very people who went strongly for President Trump. The C.B.O. thinks it would reduce the deficit, but only marginally, around $30 billion a year in a $19 trillion economy.

Let me offer one assertion and ask two questions.

The assertion is that something like this was to be expected. The C.B.O. came in even worse on coverage than most predicted, but it was obvious that the news would be terrible because that’s what the logic of the situation told us. Obamacare imposes a mandate to induce healthy people to sign up, offers means-tested subsidies to make insurance affordable and expands Medicaid to take care of people with really low incomes. Trumpcare eliminates the mandate, slashes subsidies overall and redirects them to those who don’t need them and sharply cuts Medicaid. Of course that leads to a huge drop in coverage.

Or to put it differently, Obamacare is actually an intelligently designed system, and Republican claims that they could do much better even while slashing funding so they could cut taxes on the rich were always obvious nonsense. Trumpcare is a slapdash, incompetent piece of legislation; but even a much more competent set of people couldn’t have done better given the constraints of Republican Party ideology.
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Krugman - Trumpcare vs. Obamacare: Apocalypse Foretold (Original Post) TomCADem Mar 2017 OP
Perhaps the game plan is to repeal flamingdem Mar 2017 #1
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