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A Fool and Your Money Pt II

June 21st, 2011 - 5:19 pm

More ObamaCare woes, via Human Events and PricewaterhouseCooper:

The really awful news is PWC’s projection of employer reaction to ObamaCare’s crushing mandates. Their survey shows “nearly half of employers will drop their coverage, dumping employees into the government-run exchanges.” Also, “four out of five employers will make changes to help cover new costs under ObamaCare, including raising premiums, deductibles, and co-payments.”

So much for “if you like your plan, you can keep your plan.” The tidal wave of people slamming into the federal exchanges will become a nuclear deficit explosion. We’ll all be able to look back at the charlatans who claimed ObamaCare would be deficit-neutral, and the simpletons who believed them, and laugh through our tears.

It’s almost as though driving everyone into the ever-lovin’ arms of Uncle Sugar was part of some kind of subterfuge. Oh, wait –

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