What happens if political gridlock kills healthcare

Posted on March 8, 2010 by Jeffrey Newman

Few have projected the details of what will occur if the current healthcare initiatives are stalemated in Washington. There has been some general talk of costly overruns for Medicare and a significant increase in interest rates as well as a depressed stock market but these hallmarks really don’t mean much. I would like someone to run an extrapolation as to when the costly healthcare system will begin to depress the economy and the details of what specifically will happen with Medicare. This shouldn’t that hard to do for the Office of The General Budget or the Auditor. If The American Public could see the numbers in black and white and if they were presented with a realistic healthcare proposal with the specifics on how it will be paid for–all set forth in understandable detail, I don’t think there would be as much opposition to a plan as here is now. Of course, I could be wrong.