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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (103397)4/25/2011 9:41:40 AM
From: JakeStraw2 Recommendations  Read Replies (1) of 224750
 
How Health Reform Punishes Work
online.wsj.com

The subsidies to buyers of 'qualifying' insurance policies will induce sharp reductions in the supply of labor..

Supporters of ObamaCare acknowledge it will have some unintended consequences. Yet surprisingly little attention has been focused on the law's most problematic provision: government subsidies to help individuals and families purchase health insurance.

This new entitlement—which the chief actuary of the Centers for Medicare and Medicaid Services estimates will cost more than $100 billion per year once it is fully implemented—will damage the country's long-term fiscal outlook. It also will introduce far-reaching negative effects on rewards to work and bizarre new inequities into American life.
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