News talk 2014-02-06: Expensive Obamacare $1

So what? This is the mathematical truth behind bureaucratic do-good programs in this category. Try harder and you get punished.

I still remember comforting a couple who worked multiple jobs each, trying to qualify for a townhouse in California. They had excellent credit, but weren’t quite making enough. They sat by and saw the government provide the same townhouse to not-so-upstanding folks who earned less money, but qualified for assistance. Sad story that will always haunt me.

Moral? Don’t put in that extra effort next time. — MC