Art Laffer on Obama Care
by Justin Longo | 12:52 pm, August 27, 2009 | Comments Off
Current plans to expand government intervention in the health care system will further inflate prices for Colorado families without improving medical services, says world renowned economist Art Laffer in a new study for the Independence Institute. The study is titled, “The Prognosis for National Health Insurance: a Colorado Perspective.”
The study concludes that President Obama’s health care reform agenda will cost $4,156 per Colorado resident in additional federal and state expenditures over the next 10 years. In addition, the proposed government health care expansion will reduce economic growth in Colorado by 4.3% through 2019.
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