A Young Employee's Take on ObamaCare

A young employee commented the other day that he was concerned about the Health Care Bill that Congress was considering and the President was pushing. I wondered why.

He said that if he understood correctly, what would happen is that the Health Care currently provided by his employer would go away and be replaced by a Health Care program offered by the Federal Government. If that happened, the amount the employer was currently providing on a pre-tax basis would then become taxable income. The Health Care offered by the government was likely to be very restrictive on its coverage and therefore inferior to what he was currently being provided. The net result is that if passed, he would get inferior Health coverage and pay more for it because now it was being taxed.

I said, "that's about right."

Other States Are Watching Texas Business Success

For those of you who may not have seen it, the article linked below comes out of Washington -- the state, that is. It is about the Texas economy.

Texas Economy Shining Brightly Despite Recession