Health policy expert John Graham, writing at The Beacon, comments on a recent report from the consulting firm Mercer. Apparently health benefits are eating up pay raises.
The real effect of Obamacare is shown in Figure 1: It is eliminating pay raises. Recall that we entered the Great Recession in December 2007, but even then we got pay raises (according to Figure 1). That is ending. All of our increased compensation will be in the form of health benefits, which will not be better, but merely Obamacare-compliant.
Read the whole thing here: Obamacare Will Devour Your Pay Raise