Proud to see no fewer than nine Economics professors, representing four of the Centennial State’s fine universities were among the 130 economists who signed on to this letter to Congress and President Obama arguing how the Stalinization of Health Care Act of 2010 will destroy the economy. A snipit:
In our view, the health care bill contains a number of provisions that will eliminate jobs, reduce hours and wages, and limit future job creation.
In addition to constricting economic growth and reducing employment, the health care bill will increase spending on health care and will increase the cost of health coverage. The new and higher taxes on America’s small businesses and workers included in the bill are detrimental to job creation and economic growth, especially now given the fragile state of the economy.
Given the lack of attention they’ve paid to us simple stupid constituents of theirs, what’s the chance they’ll take the word of experts?
-Nick (ColoradoPatriot, from TML)