Wednesday, October 31, 2012

Faithful readers will know..................

...that this blog likes to chronicle "unintended consequences."  Robert Samuelson riffs on the Mother of All Unintended Consequences - here.  Opening and closing paragraphs here:

"Just recently, the Internal Revenue Service issued an 18-page, single-spaced notice explaining how to distinguish between full-time and part-time workers under the Affordable Care Act (“Obamacare”)."

"It creates powerful pressures against companies hiring full-time workers — precisely the wrong approach after the worst economic slump since the Depression. There will be more bewildering regulations, more regulatory uncertainties, more unintended side effects and more disappointments. A costly and opaque system will become more so."

thanks craig

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