It is widely acknowledged today that health care is a very important issue to both democrat and republican voters. With over 45 million uninsured Americans, and rapidly rising health care costs, this issue will be one of the divisive and deciding factors in the coming years. I’ve put links below to the six current front runners in the presidential race (alphabetically). I would like you to dissect their health care plans as they pertain to the consequences these plans will have on the labor market. Please take account of both suppliers (workers) and consumers (firms). I would like you to analyze one plan. If someone else has chosen your candidate, you must choose another candidate. If you would rather choose a non-front runner, you are free to do so, but please stick to ‘declared’ candidates. If you are not required to post, please choose a candidate outside of the ones listed below, or relate your knowledge of a state or foreign government to the issue of health care. (Just send me an email regarding your choice so I can approve it).
Questions you might try to answer:
How will this candidate’s plan affect the wages that employers pay to their employees?
How will this candidate’s plan affect the wages that employees receive?
What will happen in the overall tax code? Meaning, if a candidate’s plan is approved, how will income taxes change? If income taxes change, how will work incentives change?
If a candidate’s plan involves expanding a current plan, what impact will that expansion have on the status quo in the labor market?
Undoubtedly, each plan will say that more people will be covered in a better/more cost efficient way. Do not make a statement saying that more people will be covered more efficiently. Also, try to word your statement so that I do not know whether or not you are for or against that candidate. I would like your statements to be as subjective as possible, or in jargon terms, positive and not normative in nature. Also, remember, I want you to keep your descriptions short, basic, and related to classroom content.
NOTE: Read other students comments before posting, and please leave your name with your posting.