When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Sunday, May 5, 2013

Obamacare Cost Explosion Begins to Hit

At some point, the denial in Washington about Obamacare will end--

The Cost Explosion of Obamacare Begins to Hit Home: "Insurers will no longer be able to offer catastrophic coverage, and employers will find that it’s either easier to pay the fines for refusing to provide comprehensive coverage – or stop providing full-time employment. Small wonder, then, that stock prices for agencies like Manpower and Kelly have “soared,” as corporations start rethinking the cost of in-house employment with the ObamaCare overhead costs in play.  As the Washington Post points out in its article, the use of part-timers will let employers off the hook, but will force taxpayers to provide even more in subsidies than projected for those workers to buy insurance through the exchanges, which will make Obamacare’s deficits soar further still."


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects