Back in 2010, Nancy Pelosi famously explained that Obamacare would be a boon to the arts since it would create “an economy where people could be an artist or a photographer or a writer without worrying about keeping their day job in order to have health insurance.” Now the CBO report on the impact of Obamacare suggests that she may have been correct in some respects as hours worked are expected to drop by the equivalent of over 2 million full time jobs because of people who either do not need to hold a job just to get insurance or those for whom the increased affordability of their subsidized insurance allows them to cut back their hours worked. Yet, the Democrats who cared so much about the freedom to follow one’s dreams back then do not seem to care about those same artists now as they push to raise the minimum wage.
Reported by Forbes.com 7 hours ago.
↧