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Thursday 28 February 2013

The Affordable Health Care Act Is This An Effective Solution Or Is It Contributing To The Problem?

By Joann Chandler


What is the Affordable Health Care Act, and is it a solution for rising health costs or is it part of a bigger problem? Right now the economy is still in shambles, and the promised recovery seems far away. The massive set of regulations that is included in this legislation has been held responsible for the failure of the recovery by some. Businesses are cautious and confused about what this law means for them, and as a result many are cutting hours, scaling back on hiring, and even terminating some employees in order to avoid financial penalties.

At the current moment, investors are desperate for an investment option that can reduce all these risks whilst providing a modest return. During the passing of this particular legislation, many were against it together with some of the Republicans who had declared their promises to get it repealed. Widespread disagreements occurred because of the mandate that seems to favor one side. Even today, this act is widely criticized and many businessmen and the regular consumers alike are of the opinion that this legislation should be taken down as soon as possible.

This motion was regarded as a clear-cut power grab and it was even reported that certain companies are being waived from the restrictive wordings of the act due to political favoritism. If everyone were subject to such legislation, then perhaps there wouldn't have been such opposition against it but this just isn't the case at all. It is obvious that the whole procedure had been rushed and this notion was even emphasized upon by Nancy Pelosi.

As a result of the implementation of such enormous set of regulations, a lot of investors have moved on to investing in precious metals. There is widespread indecision as to whether expansion will be wise due to potentially higher costs the businesses may incur. Insurance coverage have to be provided for, otherwise the business might face fees and penalties, yet if they do, prerequisites of other sorts will be placed on them. Due to this, companies have almost stopped all their plans of expansion while the dust clears and it becomes apparent what's needed to be done for every one of their employees.

A number of analysis and experts believe that this law has caused a slump in economic activity. When consumers are not spending and businesses are not hiring then this activity drops considerably, and the entire country suffers. The recent recession also saw most individuals lose substantial value in their portfolio of holdings, and some vehicles may have been wiped out completely. This will never happen with precious metals, and all investors are looking for safety and security after all of the mixed messages and mandates that have been sent out.




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