No. of Recommendations: 3
Steve203: That's what I was thinking. The spending is simply redirected. What are the effects? Government spending goes down. Personal spending for insurance goes up. Result should be a wash for the insurance companies.
The next leg may be SNAP. Government spending for SNAP goes down. Personal spending for food goes up.
Umm, what now?
About 25% of those currently receiving ACA subsidies would simply become uninsured, spending nothing.
Children make up about 39% of SNAP participants, senior citizens 20%. Households that include someone with a disability (plus children and/or elderly) receive 83% of all SNAP benefits.
No doubt they'll fill all those jobs now done my migrants in meat packing, harvesting, construction, lawn care, dairies, leisure, and manufacturing.
SMH.
