you are viewing a single comment's thread
view the rest of the comments
[–] 13 points 1 year ago (4 children)

This has the potential for a death spiral on all of the US economy. 1. its highly inflationary. 2. People choosing to not have health insurance is a drop in GDP, and a cause of hospital closures which is another drop in GDP, and access to healthcare. People dying hurts GDP too.

US economy already is highly inflated due to 5% points of GDP higher than every other nation spent on healthcare. Obamacare/ACA was a republican compromise to prevent Berniecare/mediare for all. The GOP criticisms that public subsidies for private extortion just makes the private extortion harsher. But only Berniecare is the answer.

  • source
  • hideshow 4 child comments
  • [–] 1 point 1 year ago (3 children)

    Why would GDP drop if people stopped having insurance? (Serious question)

  • source
  • parent
  • hideshow 3 child comments
  • [–] 4 points 1 year ago (1 child)

    I'm no expert, but i suppose because it reduces the flow of money - fewer transactions (people not getting healthcare, not billing insurance, insurance not paying for healthcare given to people because they're not getting any healthcare) = reduced total domestic product. Whether it's reduced by a measurable amount is another question.

  • source
  • parent
  • hideshow 1 child comment