Wednesday, January 19, 2011

Unintended consequences of US health reforms

Interesting piece from the NCPA today which reports that McDonalds has warned the US government they may stop providing health insurance for 30,000 employees. The increased cost of health insurance under the Obama reforms means that the cost of labour increases and companies will either shed jobs or wages will stagnate. Just what the US needs.

1 comment:

Manolo said...

No surprises there since the legislation was pushed by Obama's "socialistic" administration.

It could end up hurting the people they purport to defend. Ah, the wisdom of the these politicians.