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Obamacare is the heart of the pro-middle class Democratic Party

Posted by Matti Miranda on December 03, 2014 at 4:49 PM

Obamacare can be a tool to spur growth, promote small business, and build the middle class. Michael Mandel publishes this entry on PPI's Progressive Fix, published on December 3, 2014 to discuss this issue.  

Why Obamacare is the heart of the new pro-growth, pro-middle class, pro-entrepreneur Democratic Party (sorry, Senator Schumer)

Senator Schumer has made a plausible argument for why Obamacare was a political mistake. I disagree. Democratic politicians have mainly defended Obamacare on the grounds of access, fairness and cost containment. But in the process, Democrats have missed an opportunity to show how Obamacare is a platform for entrepreneurial growth. Framed correctly, Obamacare could turn out to be the heart of the new pro-growth, pro-middle class, pro-production Democratic Party.

Consider this. When I left BusinessWeek in 2009, I started my own company, Visible Economy, making news and education videos (the website and the business, alas, are no longer active). As a budding not-so-young entrepreneur, the only reason I had that choice was because I could carry over healthcare coverage from my previous employer. If I had no health insurance, I couldn’t have started the business.

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