Joe Rago penned an article in the Wall Street Journal on February 10th, 2014, criticizing the decision by President Barack Obama to revise the Afford Care Act.
Joe Rago penned an article in the Wall Street Journal on February 10th, 2014, criticizing the decision by President Barack Obama to revise the Afford Care Act.
This revision entailed a move to exempt businesses with between 50 and 99 workers from the legal obligation of insuring their employees until 2015. In this article, Rago contends that the Affordable Care Act, more commonly called ObamaCare, is either helping the workers secure insurance benefits or forcing employers to cut back on recruitment and hiring. If the latter is the case, then the employment situation in the United States would be worsened by the healthcare law. This is the position Rago appears to take in the article. In this regard, he contends that the President’s revision of the act was to the benefit of corporations, but to the detriment of American workers.
Analysis and Counterargument
Rago argues that the President of the United States, Barack Obama, made retrogressive revisions to the Affordable Care Act. These revisions were detrimental to workers in the country but beneficial to the capitalists who own the companies. The corporations were arguing that the act was increasing the cost of doing business in America, a situation that the President was intent on rectifying. This argument is contrary to statistical data and, therefore, Rago was advancing a personal opinion as opposed to giving a credible representation of the healthcare situation. According to the United States Department of Labor, the rate of unemployment in the country has been on a steady decline over the last 4 years since 2010. This means that the Affordable Care Act has not adversely affected the rate of unemployment. Contrarily, the act might have contributed to the steady decline of the unemployment rate.
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