Fine. We'll Just Increase Unemployment Then.

No one could have predicted that corporate America would act like greedy, belligerent shits:
An association representing 300 large corporations urged President Obama and Congress on Monday to repeal a provision of the health care overhaul that prompted AT&T, Caterpillar and other companies to announce substantial charges for the current quarter.

The association, the American Benefits Council, said the provision — which reduces the tax deductions for companies with drug coverage for their retired employees — would deal a significant blow to corporate profits and would discourage companies from hiring more workers.

...James A. Klein, the president of the American Benefits Council, called the provision "a serious mistake that is having negative and unintended consequences."

White House officials defended the provision, saying it was a deliberate effort to eliminate what they said was an unusually generous tax loophole. ... White House officials said it was rare for companies to obtain a tax-free federal subsidy and be able to deduct it as well.

..."We're confident that the benefits are going to accrue and strengthen business's bottom line," said Linda Douglass, the communications director for the White House Health Reform Office.

..."Let's put these changes into perspective," Ms. Douglass said. "While accounting rules required companies to book this cost upfront, there are a whole set of benefits that will accrue to companies over time..."
Blah blah blah. Because if it's just explained to them in a reasonable voice, voraciously avaristic corporations will realize they were mistaken and that the health, happiness, and general well-being of the American Worker really is more important than mountainous fuckpiles of profits.

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