Screenshot/The White House
One devastating fact that has emerged in the wake of the Congressional Budget Office's report on the Senate Trumpcare bill is that 22 million people would be thrown off of their health care, and tens of thousands of those people will die as a result.
But a new study shows that Trumpcare will kill something else that Republicans pretend to care about: jobs.
The CBO did not perform an analysis of the effect that Trumpcare would have on jobs, but George Washington University did, and the news was not good. The bill would kill nearly a million health care jobs, and three times as many jobs overall, in multiple sectors:
(T)he combined effect of tax credits and Medicaid expansion repeal in 2019 is the loss of almost $140 billion in federal funding in that year. As a result, about 2.6 million jobs would be lost nationwide in 2019. Almost all the jobs lost are private sector jobs. About one-third of the jobs lost (912,000) are in health care (hospitals, ambulatory care, long-term care and social assistance).
The majority of jobs lost (1.6 million) are in other private industry sectors, including construction, real estate, retail trade, finance and insurance. Almost 100,000 public sector jobs (including education and other public jobs) would be lost. The number of jobs lost rises to almost 3 million by 2021 and then declines slightly.
Unfortunately, the jobs gained in the grave-digging sector don't figure to offset much of that, which is a shame, because it would really help out all those coal miners Trump lies about giving jobs to.
So far, Trump has managed only to underperform President Barack Obama's record of job creation, and lie about the jobs he has taken credit for. What will all those “economically anxious” Trump voters think when they find out Trumpcare will kill construction jobs? Sadly, most of them won't think at all, and the rest of us will suffer.
This is a commentary piece. The views expressed in this article are those of just the author.