Tag Archives: federal deficit

#ObamaCare predictions from ~2010: Whose #ACA calls were correct?

Charles Blahous of the Mercatus Center and Hoover Institution describes how the ObamaCare he made in 2010 have proved correct, and the predictions of Obamacare supports have proved false. The predictions include:

  1. States will make a variety of decisions with respect to expanding Medicaid.
  2. Expanding Medicaid will cost the states money, in part because of the “woodwork effect.”
  3. The ACA will significantly worsen the federal budget deficit.
  4. Expanding health insurance coverage will increase health service consumption and costs.
  5. There was a substantial risk that cost savings projected for several ACA provisions would not fully materialize.

Read more: I Was Right About the ACA | e21 – Economic Policies for the 21st Century.

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ObamaCare: Three Years of Broken Promises

At National Review, Cato’s Michael Tanner writes:

The Patient Protection and Affordable Care Act, a.k.a. Obamacare,  turned three years old this week. But unlike fine wine, the ACA is not getting better with age. A torrent of recent studies and reports has provided new evidence — as if we needed more confirmation — that nearly everything we were told about this law was untrue.

Tanner takes on these promises:

If you like your doctor, you will be able to keep your doctor, period. If you like your health-care plan, you’ll be able to keep your health-care plan, period.

— President Obama, June 15, 2009

This law will cut costs and make coverage more affordable for families and small businesses.

— President Obama, June 22, 2010

This legislation will also lower costs for . . . the federal government, reducing our deficit by over $1 trillion in the next two decades. It is paid for. It is fiscally responsible.

— President Obama, on signing the Affordable Care Act

It’s about jobs. . . . In its life [health-care reform] will create 4 million jobs, [and] 400,000 jobs almost immediately

— Nancy Pelosi, February 25, 2010

Quality, Affordable Health Care for All Americans

– Title 1 of the Patient Protection and Affordable Care Act

Read more: Three Years of Broken Promises – National Review Online.

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