Health Care Costs and Wages
By Arnold Kling
In four years’ time, the minimum cost of labor will be a $7.25 cash minimum wage and a $5.89 health minimum wage (family), for a total of $13.14 an hour or about $27,331 a year. (I think you can see already that no one is going to want to hire low-wage workers with families.)
Read the whole thing. As you know, I have been making similar points, but I don’t blame the new health care law so much. This is already an issue before the new law takes effect.