Tag Archives: unemployment

Stimulus for Health

This is Robert Pear, writing in today's New York Times:

Altogether, the economic recovery bill would speed $127 billion over the next two and a half years to individuals and states for health care alone.

The specifics:

  • $87 billion increasing spending on Medicaid
  • $11 billion in Medicaid benefits for the unemployed
  • $29 billion subsidized COBRA benefits, allowing people to remain in their previous employer's health plan.

And this doesn't count the extra cost of COBRA to employers – making future employment and, in particular, future employer-based health insurance more expensive.

Stimulating Health, Education, and Welfare

This is Alan Reynolds, writing in today's Wall Street Journal:

The December unemployment rate was only 2.3% for government workers and 3.8% in education and health. Unemployment rates in manufacturing and construction, by contrast, were 8.3% and 15.2% respectively. Yet 39% of the $550 billion in the bill would go to state and local governments. Another 17.3% would go to health and education — sectors where relatively secure government jobs are also prevalent.