But the White House issued a statement saying “they are wrong”. So I guess everything is OK.
They also offered a solution in the event the CBO turns out to be right - to avoid layoffs employers can accept "lower profit margins". Spoken like world-wise economists.
And after just having completed my 2013 tax returns there is no way for me to describe my contempt for the White House and its attitude.
If they keep this up I don't know who they expect is going to fund their welfare state.
Ask all of these enlightened scholars in charge, How much more will a Big Mac cost? Who pays for that? They are out to get the evil CEO types, this will have a minimal if any impact on them. It will affect significantly the middle class on down, as most goods and services will go up well into the double digit range. Pray.