Wednesday, July 31, 2013

Part-time Nation.

This will not be news until the next Republican president.

And remember that this adverse effect is above and beyond that created by the huge work disincentives created by “ACA subsidy cliff” and Obamacare’s Medicaid expansion (which alone could reduce employment by nearly 1 million).  We already have a “labor market stuck in the mud” with an employment-to-population ratio that has declined to levels not seen since the early 1980’s. Why in the world would we want to aggravate such a bleak situation by moving forward with a Rube Goldberg contraption of carrots and sticks that will reduce work effort even further?
The delay of the employer mandate for 1 year was a very good start. Let’s delay the whole law for a year to give lawmakers time to ponder how to fix this terribly misguided law.//


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