House Chair: Obamacare Subsidies Must Continue To Avoid Collapse Amid Repeal

[modrepub]

3. Maybe It's Acknowledging

that pulling the plug on the ACA is going to start triggering layoffs in the healthcare industry. It's bad that people are going to loose coverage but this also feeds back into the economy on the jobs side. In rural areas this could be especially bad since in these areas healthcare is a major employer. Once these layoffs start it's going to be hard to offset them. Think of the multiplier effect here. Hospitals/clinics layoff people, medical supply companies loose business, insurance companies layoff claims officials, call centers start cutting people, et cetera. Not only you loose tax revenue you owe these people unemployment also. IMHO the reason the recovery has been so anemic the last year or so is the hit the energy industry suffered when oil/gas/coal prices collapsed.