National Debt Clock

Monday, March 22, 2010

Macroeconomic Effects of Obamacare

http://www.heritage.org/Research/Reports/2010/02/The-Presidents-Health-Proposal-Taxing-Investments-Undermines-Economic-Recovery
  • Result in an average of 115,000 lost job opportunities per year
  • Reduce productivity by an average 0.01 percentage points per year
  • Lose $1.37 in gross domestic product (GDP) for every dollar of additional revenue collected
  • Reduce household disposable income by $17.3 billion[1] per year
  • Reduce the stock of household real net wealth by an average $267 billion per year.

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