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Sunday, February 24, 2013

ObamaCare: The Neutron Bomb That Will Decimate Employment

ObamaCare will act as a neutron bomb on employment in the U.S. for two basic reasons.

Longtime readers know I have repeatedly explained why healthcare, i.e. sickcare, will bankrupt the nation. Here are two of the dozens of entries I've written on sickcare:
America's Hidden 8% VAT: Sickcare (May 10, 2012)
Can Chronic Ill-Health Bring Down Great Nations? Yes It Can, Yes It Will (November 23, 2011)

I have also explained why ObamaCare's "fixes" are simulacra reforms that don't even address the systemic costs arising from the cartel-fiefdom structure of sickcare:
Why "Healthcare Reform" Is Not Reform, Part I (December 28, 2009)
Why "Healthcare Reform" Is Not Reform, Part II (December 29, 2009)

7 comments:

Anonymous said...

The employment sector will begin seeing this by summer as many people's hours will be reduced to 29 per week. The result will be a snowball effect. Unless the city and county reduce employee hours the local taxpayers will have to pick up the additional costs in the Obamacare legislation. So here lies the problem. The county has a revenue cap and the additional cost of Obamacare are much more than 2%. County and City workers had better plan now for a reduction of hours, and if you are an hourly employee you will get hit.

Anonymous said...

Oh you can bet on Slick Rick to be announcing tax hikes soon.

Anonymous said...

See you all in the welfare line

Anonymous said...

5:59. Rick can only raise taxes by 2%. The 2% tax revenue cap was voted in Wicomico Co. years ago. Then O'Malley gets a 3% tax on alcohol. So will someone please tell me how that is legal? Does not the County receive part of that tax back?

Anonymous said...

Can the individual not subscribe, pay a penalty and then be covered?
If you can't afford health care, mandatory healthcare is no less expensive.

Anonymous said...

All Pollitt has to do is create another tax/fee just as Ireton did with the stormwater tax. Ireton probably got that idea from Pollitt because jimmy isn't that smart.

Anonymous said...

Obummer care will help destroy whats left of the economy. The low information voters will also start feeling the pain, maybe then they will wake up but I think it will be too late. There are consequences to your actions, you reap what you sow.