I told you so

[New Mama]

Wishing someone was here so I could say "I told you so".


"Ninety-six percent of small businesses say their premiums have increased in the past five years, with the average monthly insurance cost soaring from $590 per employee in 2009 to $1,121 in 2014, according to poll released earlier this month by the National Small Business Administration.

House Small Business Committee Chairman Sam Graves (R-Mo.) called it “devastating news” and blasted the administration for waiting nearly four years to publish estimates about the law’s effects on small-business insurance premiums.

the Congressional Budget Office reported that the law will prompt roughly 2 million people to exit the workforce, driving down the country’s economic output."

www.washingtonpost.com/business/on-small-business/obama-administration-health-laws-new-rules-will-increase-costs-for-most-small-businesses/2014/02/24/0623d01e-9d9c-11e3-9ba6-800d1192d08b_story.html

[Chicago Jake]

I'm not too worried about people who voluntarily "exit the workforce." There are plenty of unemployed people dying to fill the jobs they are leaving. I'm more worried about the jobs that are going away.

(I'm doing my best to disagree with you, just to prompt some discussion!)

[DT]

"Congressional Budget Office reported that the law will prompt roughly 2 million people to exit the workforce, driving down the country’s economic output"

I'm sure Obama penning a 2 dollar wage increase wasn't figured into their equation.

[Chicago Jake]

Heck, let's just make the minimum wage $50k per year. Then we'll all be well off! And think of all the spending all those newly-flush consumers would do; that would stimulate the economy like crazy!