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How come Obama's Job Czar even admits ObamaCare is a dismal failure and hurts business?
04-27-2014, 11:06 PM
Post: #4
 
He doesn't. He just says that current uncertainty over what exactly the law means is holding up purchasing of medical equipment that GE makes. It will get better over time after hospitals and medical clinics figure out exactly what their new obligations are under the health care law. In fact, purchasing of new equipment will likely increase more than before Obamacare since hospitals and clinics will see increased revenues from more of the patients they treat actually having medical coverage.

GE should have no problem staying profitable while hospitals and clinics sort things out. They make a lot of money and exploit a lot of tax loopholes.
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Messages In This Thread
[] - Westward Wind - 04-27-2014, 10:56 PM
[] - mustagme - 04-27-2014, 11:01 PM
[] - Chewy Ivan 2 - 04-27-2014 11:06 PM
[] - Karamazov - 04-27-2014, 11:08 PM
[] - tribeca_belle - 04-27-2014, 11:16 PM
[] - LKJH - 04-27-2014, 11:25 PM
[] - Not An Obama Fan! - 04-27-2014, 11:33 PM

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