Map of life expectancy at birth from Global Education Project.

Friday, July 05, 2013

Too much news

You hardly know where to begin. Anyway --

Obama has decided to delay the insurance mandate in the ACA by one year. This is actually wise. In this respect, the law was horribly crafted. The first thing you learn in Public Policy 101 is not to create a "cliff," meaning in this case that there was no employer mandate at all with 49 full time employees, then it kicked in for all a company's employees when they hire the 50th. You don't need to take the course to see why that doesn't work.

The right way to do this is to impose a penalty on the 50th employee and subsequent employees only; therefore no cliff and if you need a 50th employee, the added cost is small so you'll probably go ahead and do it anyway. Once you get up to 60 or 70 or so, you'll say what the heck, might as well start offering insurance for everybody -- as most companies that size already do. Meanwhile you've paid a bit to help the subsidies for people buying individual insurance. Congress could fix that, of course, but they won't -- unless the Democrats take both chambers in 2014. The fate of humanity depends on that happening, so start working now.

Oh yeah, the fate of humanity. I'm sweltering as I write this, taking the day off from work and no AC at home. I wonder what will happen when all those folks who've fled the northern winters for the sunny paradise of the Southwest find the place uninhabitable?

1 comment:

Don Quixote said...

Indeed! The southwest is going the way of the ghost towns, due to overdraft of the aquifers.