Mish hammers Obamacare

Mish writes on Global Economic Trends and disects the recent Fed polling data on Obamacare costs. Here he abstracts the net cost to employment dynamics with the new law.

Category	Net Percentage
Decrease Employment	15.2
Increase Part-Time Workers	16.7
Increase Outsourcing	10.7
Increase prices	28.8
Raise Healthcare Premiums	85.3
Raise Healthcare Deductibles	91.2
Raise Out of Pocket Maximums	73.6
Increase Copays	61.8
Reduce Medical Coverage	38.3
Decrease Network Choices	26.5

Bad? Well is stops the employment gains for the rest of the year, so labor hiring has reached equilibrium.