Obama’s economic advisers went to great lengths to argue for health care reform as an economic spur. “Health care reform is incredibly important not just for the American people but for the American economy,” Christina Romer, Obama’s chairwoman of the Council of Economic Advisers, said during the health care debate. “Good health care reform is essentially good economic policy,” she added.
The Council of Economic Advisers said that “success is not guaranteed” in a report on health care reform, but argued that “the economic benefits of achieving successful reform would be very large.”
The Washington Examiner’s Paul Bedard observes today that the Massachusetts health care law implemented by Mitt Romney — which served as the model for Obamacare, according to the White House — “cost employees $6,058 in wages annually.”