No No No Wrong Wrong Wrong
This is the kind of thing which just drives me nuts. Look folks, its good and noble to want to something about Walmart in relation to the healthcare burden it imposes on the community. But imposing a rule that 8% of its expenditures have to be on health care (or contributed to a state pool) isn't the way to fix things. Let's consider some of the problems, shall we?
+ Yes, I know those labels are mutually incompatible. Allow me a little hyperbole, yes? * Again, hyperbole.
- Why 8%? I haven't been able to find any justification for this number; it looks like a complete asspull. I hate legislative ass-pulling, it's bound to lead to more stupidity down the road. Also, note that the other 3 companies affected by this legislation already pay more than that, so this number is probably too low anyway.
- Will it work? Why should it? There seems to be an assumption that increasing the amount of money which a company spends on health care automatically translates into better health care for the population with which we are concerned. If accountants can hide billions of dollars in losses, what makes anyone think that they won't find a way to recategorize more expenses as "health care"?
+ Yes, I know those labels are mutually incompatible. Allow me a little hyperbole, yes? * Again, hyperbole.
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