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Author: lowstudent Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1947940  
Subject: Re: Did you know ACA is free? Mitt says so Date: 11/15/2012 4:48 PM
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ot to defend Romney, but it is obvious that he meant that employees would be getting health insurance from their employers without having to pay for it, so therefore it's "free." This isn't difficult to figure out, so I can only assume that you are deliberately being obtuse.

In any case, you are right that health insurance technically isn't "free." Competition in the labor market will cause wages to decline or grow more slowly as total compensation is re-allocated from wages to health insurance benefits (there is no free lunch, no matter how hard politicians try to provide one). In other words, employees *effectively* pay for their "free" health insurance. It will increase unemployment for those close to or at minimum wage since there is little or no flexibility to reduce wages. It will reduce the number of hours for many employees to under 30 hours a week to avoid the mandate. This is all very predictable based on basic economic principles.

However, most people still *perceive* health insurance benefits received from an employer as being free. That is obviously what Romney is getting at.
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You hit upon what was one of Romney's two Achilles heels, treating the electorate as if they were functional adults for the most part, the other heel? Not as much free stuff
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