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Duty of care: Obamacare proves that better healthcare means more wealth

The 12 states holding out against its expansion are laggards in job-market strength and income growth

21 March 2022 - 18:54 By Matthew A. Winkler

Obamacare gave Americans a lot to argue about before it became law in 2010. One contentious question concerned its eventual economic effect, with supporters saying it would invigorate businesses by freeing them from burdensome healthcare costs and opponents warning of a drag produced by tax increases and government bureaucracy. A decade’s worth of data has now rendered a partial verdict: states that have fully embraced the Affordable Care Act are enjoying healthier labour markets and stronger income growth than those that haven’t...

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