Why should we trust Romney when he claims that he will repeal Obamacare? Let’s take a look at Romneycare, which Romney still loves to this day, to see what it’s all about. From the Beacon Hill Institute:
The Institute found that HCR:
• has driven total health insurance costs up by $3 billion and $6.1 billion;
• caused Massachusetts to employ between 15,551 and 21,422 fewer people;
• slowed the growth of disposable income per capita by $376; and
• reduced investment in Massachusetts by between $21.28 million and $29.33 million.
“The health care law does not exist in a vacuum,” says BHI Executive Director David G. Tuerck. “The ‘shared sacrifice’ needed to provide universal health care includes a net loss of jobs, which is attributable to the higher costs that the measure imposed.”
The study is the second in a series examining the economic consequences of the Massachusetts universal health care law. A study released in July documented that the law is responsible for driving private health insurance costs in Massachusetts by $4.311 billion. The study also noted that Massachusetts was able to enact the law because of generous reimbursement by the federal government.
Did you hear that? The only reason that Romneycare works at all is because the Federal government (thats you) heavily subsidizes it.
So one more time, why should we believe that Romney would repeal
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