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The Obama care casualty

August 4, 2013

http://gregmankiw.blogspot.be/2013/08/obamacare-versus-faculty.html

I have written the issue with this Obama care just a couple of days ago and this article above clearly indicates the first (that I know) casualty.

Making things affordable by redistribution is one thing and by generating wealth is another, usually the former leads to disastrous outcomes and we see the beginning of it already. If money has to be allocated to the ACA, then it can’t be allocated to something else or worse still – taken away from something else. Needless to explain the disastrous impact of mis-guided policies like this, in the name of greater good notwithstanding.

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