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View Diary: Brilliant Framing of Romney, Bain, and the Presidency by Garry Trudeau (68 comments)

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  •  Not necessarily. The markets hate uncertainty, (9+ / 0-)

    and one good thing about ACA was that it allowed businesses to have a clearer picture of healthcare costs, and also put companies on more equal footing (if everyone has roughly the same healthcare expenses, then that's one less thing to have to factor in for competitive pricing).  For better or worse, at least it was settled.  And in the long run, it was going to ease the burden of ever-rising costs.

    Throwing out the act will bring uncertainty back into the picture.  Something does need to be done.  With ACA in place, we could work to refine and improve it.  If it's tossed out, we start from scratch with the batshit insane GOP dead set against doing anything.  I don't think the markets will like that, to tell the truth.

    •  It will be interesting to see (3+ / 0-)
      Recommended by:
      lineatus, xaxnar, elwior

      I think you are correct about the certainty/uncertainty dynamic. OTOH the demise of ACA would IMO create a windfall for Big Pharma and the Insurance industry. The stocks in those companies will spike, again in my opinion. Will the rest of the stock market follow suit?

      A proud member of the Professional Left since 1967.

      by slatsg on Sun Jun 24, 2012 at 07:41:52 AM PDT

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      •  If they strike down the mandate, insurance stocks (4+ / 0-)
        Recommended by:
        slatsg, majcmb1, xaxnar, elwior

        could be slammed - especially if most of the rest is retained.  Any scenario other than upholding the act in its entirety has the potential to really hit insurance stocks hard.

        •  That is an interesting take (2+ / 0-)
          Recommended by:
          xaxnar, elwior

          I can understand how just striking down the mandate could create a problem for insurance companies.

          OTOH, unless some of the critics of ACA were correct and the law was a gift to the insurance companies, I don't see why they wouldn't be pleased if the entire law was struck down.

          A proud member of the Professional Left since 1967.

          by slatsg on Sun Jun 24, 2012 at 08:20:20 AM PDT

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          •  It was a gift in that (5+ / 0-)
            Recommended by:
            slatsg, Odysseus, Just Bob, glorificus, elwior

            A) they didn't get cut out of the loop entirely (single payer), and B) the mandate was supposed to deliver them a whole slew of healthy new people forced to buy insurance.

            The price was no denial for 'prior conditions' and being forced to spend a fixed percentage of profits on nothing but health care. Without the individual mandate, they're screwed - and the parts that could be left are too popular to throw out easily, though counting on the Roberts Court for anything is foolish.

            "No special skill, no standard attitude, no technology, and no organization - no matter how valuable - can safely replace thought itself."

            by xaxnar on Sun Jun 24, 2012 at 09:21:44 AM PDT

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    •  Also, (3+ / 0-)
      Recommended by:
      xaxnar, glorificus, elwior

      If ACA is knocked down, health care costs rise again. Businesses won't like that either.

      "What could BPossibly go wrong??" -RLMiller "God is just pretend." - eru

      by nosleep4u on Sun Jun 24, 2012 at 04:23:24 PM PDT

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      •  Court will strike down mandate (2+ / 0-)
        Recommended by:
        xaxnar, elwior

        GOP will claim
        1.  Obama IS a socialist, certified by Supreme Court
        2.  It isn't their fault.

        Job growth will spike in GOP heaven.
        Undeserving poor will die off sooner leaving America for real americans.

        Barack Hussein Obama- Don't Mock the Constitution.

        by odenthal on Sun Jun 24, 2012 at 06:25:47 PM PDT

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