'Obamacare' repeal could kill 62,000 Arizona jobs
A new study by the L. William Seidman Research Institute predicts Arizona's health care sector will experience its first decline in decades if Congress eliminates Affordable Care Act funding.
"A health-care recession" would be the worst-case scenario, according to Research Professor of Economics Lee McPheters and outlined in the report commissioned by the Children's Action Alliance. In this azcentral.com article on Feb. 8, 2017:
"Health care over the last 20 years has been the most dynamic sector of the entire economy," said McPheters, director of the JPMorgan Chase Economic Outlook Center at ASU's W. P. Carey School of Business. "This is the only industry that has grown uninterrupted since 1965."
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