Here is some good news for the Healthcare Reform Bill.
According to the LA Times, a just released Harvard and USC economic report says the new Healthcare reform bill could add 250,000 to 400,000 jobs a year over the next decade.
Let's see how the Right Wing will spin the potential for job growth if the bill is passed. Anybody willing to bet that they will NOT twist this into something sinister and anti-democratic?
From the LA Times:
"Healthcare overhaul could save money and boost jobs, researchers say.
In a report to be released today, Harvard and USC economists say legislation being considered would slow cost increases and free up money for companies to raise wages and hire more workers.
National healthcare legislation in Congress could slow the growth of medical costs, allowing employers to create 250,000 to 400,000 new jobs a year over the next decade, economists from Harvard University and USC are predicting.
Wading into the hotly debated issue of whether the legislation is a job creator or a job killer, researchers from the two universities say that the reforms under consideration would slow the rate of cost increases and free up money for companies to raise wages and hire more workers.
Specifically, healthcare savings could be achieved through proposals for greater competition in insurance markets, better coordination of care and shrinking administrative expenses, they said in a report to be released today. With those changes, employers could then reallocate money now spent on ever-growing premiums to other business priorities."
"We could achieve huge productivity gains," said Harvard economist David Cutler, one of the study's authors and a senior fellow at the Center for American Progress, a liberal think tank."
For the complete story -
http://www.latimes.com/...