Economics 101: You can’t add millions of people who could not afford health insurance to the insurance rolls and not increase costs dramatically We told you that this would happen

Somehow, I am not at all surprised. Pennsylvania approves sharp increases for Obamacare plans By Wes Venteicher | Monday, Oct. 17, 2016, 3:21 p.m. The Pennsylvania Insurance Department on Monday approved monthly premium increases of up to 55 percent for health insurance plans sold on the Affordable Care Act’s online marketplace in the state. Calling …

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Economics 101: When more low-skilled refugees are accepted, more low-skilled Americans see their wages decrease

We asked previously why we should bring in 110,000 Syrian refugees when we already have a too-high U-6 unemployment rate. Now this from The Wall Street Journal: What Happens to Wages When Refugees Arrive? More Than You Might Think An influx of refugees can hurt the economic prospects of natives with similar skills, but benefit …

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