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/
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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