Government Shutdown Won’t Stop Obamacare Investors from Getting Rich
Government Shutdown Won’t Stop Obamacare Investors from Getting Rich (AP)
Investors in the health-care arena who have visions of growing rich next week when the unemployed begin entering the health-care market have nothing to fear from a potential government shutdown. Should Congress and the president be unable to reach an agreement on funding before Oct. 1, the mandatory shutdown of certain government agencies would bring some programs to a halt. But they would not include programs involved in the safety of human life or the country’s protection, such as law enforcement, national defense, air traffic control and big entitlement programs like Social Security, Medicare, Medicaid and President Obama’s health-care initiative. They’re considered essential and therefore do not need approval of annual funding. So even if the U.S. government partially shuts down next week, those investors who raced ahead of the curve and bought into companies that were tapped to be integral parts of Obamacare should still come out ahead in the game.