Some businesses are cutting full-time people to part time. Others are going to pay the $2,000 a year fine. Result: no health care insurance.
Nancy Pelosi thought she could get health care for all. She got Obama to front the program. He did, but she clearly was the ramrod behind it.
It has not worked. The coverage still is not there for all the people who thought they were going to get it. Instead, they lost their full-time jobs. Pelosi did not think this through. It involved simple economic reasoning. “When the price of anything increases, less of it is demanded.” The price of full-time workers rose.
This is the famous law of unintended consequences. The Democrats did not factor this in. They thought they could hike costs without decreasing the quantity demanded. They were wrong.