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Health care act no more a ‘job killer’ than Social Security or Medicare
People change their behavior in response to incentives. That is what economics is all about. So no one should be surprised that when a new law makes health care more accessible, some people will change their behavior, perhaps by working less. Whether that makes our society as a whole better or worse off varies with the circumstances in each case. This, of course, is in reference to a Congressional Budget Office study, released recently, which found that by 2021, the Affordable Care Act will reduce the number of employed people by some 2 million…Read More
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