By SIMON CONSTABLE
Economic reality is catching up with the Affordable Care Act, aka Obamacare, according to two recent reports.
The problem is that while acts of Congress can be repealed, the basic laws of economics cannot. In this case, the law in question is one that most students are taught on the first day of economics class: There is no such thing as a free lunch. Someone always pays.
Obamacare is proving no different. First, people with employer-based health insurance are paying in the form of lower salaries because of the extension of coverage to dependent children through age 25.
Read more here.
No comments:
Post a Comment