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Obamacare Not Hurting U.S. Companies

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“The biggest entitlement legislation in a generation is causing barely a ripple in corporate America,” Bloomberg reports.

A review of conference-call transcripts and interviews finds the Affordable Care Act “is putting such a small dent in the profits of U.S. companies” that many refer to its impact as “not material” or “not significant.”

“That’s even after a provision went into effect this year requiring companies with 50 or more full-time workers to provide coverage, and after more workers are choosing to enroll in existing company coverage because of another requirement that all Americans get insured.”

Wonk Wire: A GOP flip flop on Obamacare

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goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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