While House minority leader Nancy Pelosi, D-Calif., was telling the world that we needed to pass the bill in order to learn what Obamacare would bring, many conservative writers were warning that the consequences would be widespread and not always positive.
A recent Wall Street Journal report highlighted the confusion of adjunct professors seeing their hours cut. Colleges cannot afford to pay their healthcare so have reduced their hours below the threshold enshrined in the law, an action that also leads to lower pay for the part-time academics.
A college spokesperson noted the action was necessary to "to maintain the fiscal stability of the college. There are a lot of penalties involved if adjuncts go over their 29 hours-per-week average. The college can be fined and the fines are substantial."
The fiscal stability of the individuals getting their hours cut will certainly suffer under these realities.
One survey found that 63 percent of professors are liberal, while 25 percent claim to be moderates. They may not have read the thousands of warnings about how Obamacare would impact the average person, but they’ve noticed now.
Unfortunately, the entire population of the country is noticing that taxes are going up and discretionary income will fall even more as everyone will soon be required to pay for health insurance.
Conservative writers are increasingly warning that $1 trillion a year deficits are unsustainable and that the economy will suffer as a result. In the end, working people will suffer as slow economic growth limits growth in wages, while taxes and mandates limit their ability to decide how to spend their money.
In a few years, liberals will learn that the results of a spending binge in President Barack Obama’s first term led to a decrease in the standard of living and economic freedom, subjects conservative writers are warning about now.
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