…which is here in case you missed it.
In that post we noted that a couple of clowns from the White House Council of Economic Advisors engaged in some rather wild sophistry over the CBO report on the effects of a minimum wage increase and in doing so suggested that maybe companies ought to just accept lower profit margins rather than lay anybody off.
Sure, that’ll happen.
Meanwhile, the New York Times has something related. It seems Obamacare is costing some organizations more money, and rather than do as Jason Furman and Betsey Stevenson suggested they’re responding to it in a way that might surprise the administration’s flunkies…
The cuts to public sector employment, which has failed to rebound since the recession, could serve as a powerful political weapon for Republican critics of the health care law, who claim that it is creating a drain on the economy.
President Obama has twice delayed enforcement of the health care law’s employer mandate, which would subject larger employers to tax penalties if they do not offer insurance coverage to employees who work at least 30 hours a week, on average. But many public employers have already adopted policies, laws or regulations to make sure workers stay under that threshold. . . .
Among those whose hours have been restricted in recent months are police dispatchers, prison guards, substitute teachers, bus drivers, athletic coaches, school custodians, cafeteria workers and part-time professors.
You’ll forgive us for this…
Which is not to be joyful about folks taking it in the shorts just because they happen to be government workers rather than private-sector employees, though we all know that public-sector employees are a core constituency of this administration.
But it’s hilarious to watch Obama’s lickspittles at the Council of Economic Advisors suggest that imposing higher costs on employers won’t have a negative effect on some of their employees when the exact same dynamic is hurting their own voters.
We are governed by fools.