If employers were only more kind hearted, could everyone in America get a raise? Thats certainly the impression left in last weeks New York Times by Paul Krugman. Writing about Walmarts decision to raise wages for about half a million workers, Krugman wrote:
Second, and arguably far more important, is what Walmarts move tells usnamely, that low wages are a political choice, and we can and should choose differently.
In other words, every employer could do what Walmart did, if only they were more generous.
|John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the Father of Health Savings Accounts.|
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to repeal and replace it. However, the question is: Replace it with what?