Wednesday, July 17, 2013

ObamaCare could push a million people onto welfare

Another wrinkle to the greatest legislative disaster in modern history is revealed in a new report called “Public Health Insurance, Labor Supply, and Employment Lock,” excerpted by James Pethokoukis at the American Enterprise Institute.  The “employment lock” concept is of particular interest.  It seems that the desire to acquire health insurance is a significant factor in prompting many low-income people to seek employment, and by relieving that incentive, ObamaCare could prompt a lot of marginal employees to give up and slide into welfare dependency.  It doesn’t help that entry-level labor is not exactly a seller’s market these days.
With all due caution about the difficulty of extrapolating their findings over a large population, the authors of the study extrapolated away, and the results were not pretty:

http://www.humanevents.com/2013/07/16/obamacare-could-push-a-million-people-onto-welfare/ 

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