Here Comes the Unaffordable Careless Act

Harvard (and later Columbia) sociologist Robert K. Merton wrote in 1936 about the “unanticipated consequences of purposive social action.” Pity that Barack Obama, an alumnus of both universities, either never read or took to heart Merton’s warnings. It would have saved Americans a lot of misery. The president certainly did not promote the Affordable Care Act by promising it would mean more part-time and fewer full-time jobs. Yet that is one of its unanticipated consequences.

More via The Wall Street Journal: httponline.wsj.comarticleSB1000142412788732400930457904080-ekaufman-201308291557520052

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About thebenefitblog

Eric is a Producer at Lockton Insurance Brokers, Inc., the world’s largest privately held commercial broker. Eric has over 23 years of experience in the insurance industry and has spent the last 11 years with Lockton. Eric specializes in Health & Welfare Benefits, Retirement Planning, and Executive Benefits. Eric's clients utilize his expertise in the areas of Plan Due Diligence, Transaction Structure, Fiduciary Oversight, Investment Design, Compliance and Vendor negotiation to improve the operational & financial outcome for each client. The Benefit Blog is a place to share that expertise and industry news.
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