Obamacare act

Feb 3rd, 2012
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Obamacare has affected the financial system of the state hence resulting to unemployment. In future America is expected to face higher, permanent poverty rates, and shrinking workforce that will increasingly worsen and weaken the sluggish American economy because of poor financial system.

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Name Instructors Name Course Date Economic Impact of ObamacareOver the past 20 years or so, Americas health care system has been in need of change because of increased health issues among Americans. However, these are not the kind of changes required to be enacted under the health care law because of Americas economy. The Patient Protection and Affordable Care Act The Obamacare has been praised to be one of the most considerable pieces of social legislation. Since the late 1960s, the health care system of America have been having more than a few issues such as employment. However, the Obamacare is one of the polarizing issues in the current history. Debate over Obamacare has been one of the serious issues discussed in the modern healthcare system in America. Based on research, it is clear that there are those in support of the Obamacare while others are not. In general, Obamacare asserts federal power or control over health care financing and benefits. Also, the Obamacare centralizes Americas healthcare choices in Washington and other few states in America. This paper will review Obamacare and its effect on the economy and also discuss the substitutes that would get Americas financial system progressing. Since the Obamacare was enacted everyone in America had a different opinion based on the law. Clearly, a huge number of Americans harbored negative views about health law than the ones supporting it. The main concern was how the Affordable C

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