If Republicans are successful in gutting healthcare, what happens to the economy?
Healthcare accounts for about one-sixth of the entire economy, nearly 18% of the nation's gross domestic product. The loss of tens of millions of patients that will lose their coverage or have less coverage is going to have a huge impact on healthcare providers, and the loss of thousands of healthcare related jobs.
When all those hospitals, outpatient centers, clinics, doctor and dentist practices, physical therapists, nursing homes, pharmacies start laying off workers and going out of business, it will be like a cascade of falling dominoes. The revenues of manufacturers, wholesalers, and retailers will disappear because fewer people will be able to afford medical equipment, or even buy new eyeglasses and hearing aids.
As unemployment rises, the law of supply and demand will dry up (maybe trickle down economics and magic unicorns will save the day?) and local communities will struggle. Will the housing market begin to teeter, taking us back to a new Recession? With the crazy idiot Trump in the WH, we won't survive a 2nd time, but its quite possible he'll drag the whole world into a Great Depression.
Do Republicans have a plan to save all these jobs?
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