Why Is David Cutler Shilling for the Administration?
An influential Harvard economist makes some basic errors.
Posted Nov 19, 2013
This was in a Cutler editorial in the Washington Postlast Friday:
In 2007, Obama asserted that his health-care reform plan would save $2,500 per family relative to the trends at the time. The criticism was harsh; I know because I helped the then-senator make this forecast. Yet events have shown him to be right.
Cutler is taking the recent slowdown in health spending—which no one thinks was caused by Obamacare—and attributing it to Obamacare. He conveniently omits the Administration’s own forecast of the effects of the Affordable Care Act. This is courtesy of Chris Conover:
[Cross-posted at John Goodman's Health Policy Blog]
For the pivotal alternative to Obamacare, please see the Independent Institute’s widely acclaimed book: Priceless: Curing the Healthcare Crisis, by John C. Goodman.