...to say to the American people what the Governor of her state told Assemblyman Tom Ammiano in the margin of a single page.
Prof. Jacobson:
Obama does not understand the difference between profit margins and wages. This is exactly what you would expect from someone who always has been on the receiving end of wages, and never had to meet a payroll. Wages are not profits and have nothing to do with the success of a business. Just ask the auto companies.If we can't impeach the Speaker outright, we've got to implore the people of CA-8 to nominate anyone, ANYONE for their representative, instead of this piece of work. I truly think that even Sean Penn would be more competent than the woman, and I type that feeling full Cthulhu-ian horror of the concept.
I don't think Obama and the other Democrats are lying about this aspect of the health care tax. They truly do not understand how the private economy works. In their blissful ignorance they are designing job-killings provisions which they do not understand.
It is not an overstatement to say "be afraid, be very afraid" of this monstrosity.
Update: Dustbury has a splendid idea.