Business Quote by Pam Bondi
“Businesses across the country are raising their prices in order to compensate for their added costs due to Obama's health care plan. If they aren't raising prices, they're cutting jobs as a result of the added cost, both of which hurt our economy.”
About This Quote
Source Speech: Florida Attorney General Press Conference, 2010
Businesses raise prices or cut jobs to offset costs from the health care law, harming the economy.
In simple terms: Cost shifts cause price hikes or layoffs.
Key Takeaway
Consider economic impacts of policy costs
Themes
economics
health policy
business
Mood
concerned
serious
Type
policy analysis
economic commentary
When to use this quote
- retail pricing
- hospital budgeting
- small business planning
Key Concepts
cost pass‑through
employment effects
Questions to Reflect On
- How do firms balance cost and employment?
- What alternatives exist for cost absorption?
A Different Perspective
Does not account for market adaptations.
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