The action is getting hotter by the day!
How will the full implementation of Obamacare impact the U.S. economy in 2014?
Well, it turns out that some of our readers don’t believe Obamacare itself will have a negative impact on the economy at all!
Axel, for instance, says, "Obamacare might have a negative impact on the economy in 2014, but not for economic reasons. It will be for political reasons.
“It is the implacable hatred of anything Obama supports shown by some of our elected representatives and those of our fellow citizens who support them that will generate a negative impact.”
Jane says that Obamacare will have no negative impact on the U.S. economy at all:
“Contrary to most of the opinions posted here, I believe that the prophets of doom and gloom about Obamacare will be proven wrong.”
But well over 90% of our readers strongly disagree:
M.D. predicts disaster …
“Obamacare will destroy the health care system and put thousands out of work. It will take billions out of the private sector and waste it in the cesspool of government.
“The health of our nation and our people will suffer.”
Donald A. says Obamacare will crush the U.S. economy next year:
“As millions more of U.S. citizens receive cancellations, discretionary income will become almost non-existent which will help tank the economy.”
Al C. predicts that Obamacare will cause deflation and depression:
“I hope Obamacare gets repealed,” he says. “But if it doesn’t, I think it will be such an increasing drag on the economy that it will lead to a depression.”
But “FBL” says it will trigger hyper-inflation and worse …
“I foresee galloping inflation-worse than the ’70s if Obamacare or one-payer health systems are installed. The quality of care of course will go way down.
“Those of us who have scrimped and saved will be looted of our life savings in taxes and fees, if not outright confiscation.”
Jim H. minces no words:
“Obamacare will ruin what is left of this country,” he writes, “and it will happen before 2014 is over.”
R.S.W. predicts truly terrifying consequences:
“This will end badly. Possibly, the meltdown of law and order, installation of martial law complete with soup lines and total servitude. Revolution could be coming.”
And Money and Markets editor Charles Goyette joined the discussion with his view:
“Obamacare is such an ill-conceived, convoluted statist mess that I suspect Hillary Clinton will offer to ‘fix it’ with a single-payer system as part of her 2016 platform.”
So — what do YOU see ahead for 2014?
The entire Money and Markets team is preparing to give you our forecasts and investment recommendations at our special year-end online conference, “11 Startling Forecasts for 2014.”
Your personal invitation to attend will arrive in your inbox early next week. First, though, I need to hear your thoughts.
Knowing what you’re concerned about and the opportunities you’re most excited about will go a long way towards helping us make sure we cover the areas that will help you most.
Just join our editors as they discuss today’s Question of the Day:
Is Washington LYING to us
about economic growth,
inflation and employment?
If so, how will these lies
impact investors in the year ahead?
Joining the discussion is easy: Just scroll down and use the handy comment area to join the discussion!
Our editors will be there to chat with you about the year ahead.
And then …
Our entire Money and Markets team
will give you OUR forecasts
and recommendations for 2014
on December 3 and 4
At this two-day LIVE online conference, you will hear from all of our editors including our founder, Dr. Martin D. Weiss … our natural resource specialist Larry Edelson … our banking and interest rate specialist Mike Larson … and many more.
Plus you will meet our “Mystery Speaker.” (I don’t want to ruin the surprise now — but suffice it to say, you will definitely want the chance to pick his brain!)
And when I say you will “meet” our top experts, I mean it:
Since this is a LIVE conference, you can ask our experts anything you like!
So please — join the discussion. We’re anxious to hear YOUR thoughts about 2014!
Vice President, Money and Markets