Another Piece of the Bad Economic Consequences Puzzle

The March 25th Wall Street Journal contained an article that points out yet another way in which the health care bill has nasty economic consequences.

Turns out that many of America's largest companies (i.e. largest employers) are advising their employees and their investors that they are having to cut their profit forecasts due to the added financial burdens the health care bill is now placing on them.  In addition, these companies are looking at ways to try to survive these costs, whether it is lessening the health care plan coverage they currently give their employees, or increasing the out-of-pocket expenses their employees will bear, or covering fewer of their part-time workers.

Remember that promise from Obama over-and-over-and-over that "if you want to keep your plan, you can keep it, and if you want to keep your doctor, you can keep them?"  Well, apparently that will often not be true, in large part because your current plan and your current doctor may not be available to you once the burden of cost of this bill hits with force.

Remember, too, that among the many shenanigans the Democrats pulled to create the illusion of being fiscally responsible, they are hitting us with the taxes and higher costs now, but most 'benefits' (such as they are) won't come for years.

It's mind-boggling how messed up this bill makes things.  And Obama bet his presidency on this bill?  Good luck with that.