Why Is David Cutler Shilling for the Administration?
An influential Harvard economist makes some basic errors.Commentary by John C Goodman
November 19, 2013
Source: Psychology Today
This was in a Cutler editorial in the Washington Post last Friday:
In 2007, Obama asserted that his health-care reform plan would save $2,500 per family relative to the trends at the time. The criticism was harsh; I know because I helped the then-senator make this forecast. Yet events have shown him to be right.
Cutler is taking the recent slowdown in health spending-which no one thinks was caused by Obamacare-and attributing it to Obamacare. He conveniently omits the Administration's own forecast of the effects of the Affordable Care Act. This is courtesy of Chris Conover: