Intervention

It always messes up the delicate balance of human interactions.

Here's a report of how, faced with the FedGov's mandate to provide employees with health care if they work more than 30 hours a week, some companies are responding to this unwanted stimulus but cutting hours from 35 to 30. Of course! Couldn't someone have predicted that?

So the company loses some of their services (preferable to losing the cost of providing a benefit both parties had already agreed to omit from the labor contract) and the worker loses some of the salary. Government is a lose-lose proposition.

In the coming free society, health care will be furnished like any other service in the market, at a vastly lower price than today - as shown here.

Comments

Lawrence M. Ludlow's picture

Good post, Jim. I wonder when the supporters of El Jefe will connect the dots.