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Kudlow's Quick Take

Worse than the Supremes: Obamacare Economics
Is a taxpayer bailout in the cards?
By Lawrence Kudlow, July 3, 2015

The judicial decision to uphold all of the president's health-care subsidies may be very disappointing, but the economics of Obamacare are far worse than whatever constitutional mistakes have been committed by the Supreme Court.

The economics of Obamacare are very bad. The law is inflicting broad damage on job creation and new-business formation. It ruins job incentives by making it pay more not to work, thereby intensifying a labor shortage that is holding back growth and in turn lowering incomes and spending...

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