I disagree with Christine Romer when she says that the government is treating the economy with a "sense of urgency." According to a clip that they showed, when they testified to Congress, several key things were missing (IE, the number of people unemployed), and they also said that the unemployment rate will NOT go down. I think that if Obama had put healthcare to the side until after the 2010 elections and worked on the economy, two things would have happened: #1: The democrats would have been in a much better place #2: And probably the most important fact here, the economy could very well be in a lot better shape. Because Obama made healthcare his priority, I didn't see much talk about the economy. My underlying argument here is if A) You are forced (mandated, whatever) to buy health insurance, and B) You have been unemployed for well over 6 months, then C) You might not even be able to buy health insurance, even WITH the government subsidies (subsidies DO run out, after all).
Discuss.
Two things: 1) This is NOT meant to be a discussion about whether the healthcare bill is good or bad (We have enough of them already ), though we can touch on it if we like, but please don't make it the focus. 2) The underlying question I have here is: Is the U.S. government treating the economy with a "sense of urgency" as Christine Romer (and doubtlessly other officials in the White House) say, or not?
Yes. The health care bill didn't actually take up much time, it only takes a week to pass a bill (in both the Senate & House). They can craft two bills at a time, you know.
That begs the question of: DID they draft another economy bill at the same time, or not? If not, I would say that there's no sense of urgency, plus Obama wasn't really talking about the economy until recently. If so, then they might actually be treating it with a sense of urgency after all.