Every President wants to leave a legacy. Statistics show that one of the main drivers into bankruptcy is medical bills. Almost 50% of the Federal Government’s Budget is devoted to Medicaid and Medicare. Evaluate whether the doctors, the pharmaceutical companies, or too much/too little government regulation is to blame? Is the Affordable Care Act the solution? Make sure to apply economic theory in each aspect of your responses, be coherent and clear. Include economic data and/or graphs in order to maximize your score.
Conduct research from viable and credible sources such as and not limited to economic journals, periodicals, books, database, and websites (try to stick to peer-reviewed journals and government websites such as FRED and BLS for real data).
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