A House vote is being choreographed by the Republicans this week in order to repeal President Obama's health care overhaul, the Democrats seem to be disturbed about the fact that the law that will almost kill jobs in an economy might get life all over again.
Evidences are being cited by both the parties that will state that their claims are justified. But economists state that jobs will not get much affected as the impact will be not very negative as Republicans assert and Democrats state not very positive too.
Experts state that almost every US citizen, about one-sixth of the economy, will be affected by the law that is being called so complex. But this is not right to use the impact on jobs to evaluate the law which at the moment is a hot political issue.
Experts state that rather than the impact caused on the economy, a better test will be to figure out if greater value will be given to taxpayers, consumers and employers for the amount of about $2.5 trillion spent on health care each year.
An economic adviser to President George W. Bush who is now a professor of health economics at Harvard Katherine Baicker said, "The effect of the law on jobs is likely to be modest. The most important effects of the law will be on health costs and coverage and the efficiency of the health care system, not on jobs."
