America Next, a think tank headed by Louisiana Governor Jindal has toted up the cost of President Obama’s broken — and in hindsight absurd — promise to reduce the average family’s health-insurance premium by $2,500 by the end of his first term. In fact, premiums have risen by $18,610. The total cost to the economy is $1.2 trillion.
The worst consequence: Given annual full-time private sector compensation rates, the amount spent on higher health insurance premiums equals the cost of 3.9 million jobs each year, and nearly 6 million jobs in 2013 alone.
And in terms of lost jobs, it looks like this:
Source of Images:
America Next.
