Of course, I’ve got horses in this race since I’m a McKinsey alum …
When dufass Henry Waxman started attacking McKinsey for lack of credentials and poor methodology, I just had to laugh.
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From the WSJ: Shutting Up McKinsey
The White House routinely tries to intimidate its health-care critics, but the campaign against McKinsey & Co. is something else.
The management consultants attempted to find out how U.S. business will respond to ObamaCare,
Democrats don’t like the results, and so McKinsey must pay with its reputation.
The firm’s sin was to canvass some 1,300 companies and report that nearly a third will “definitely” or “probably” stop offering insurance to employees after 2014, dumping them instead into ObamaCare’s subsidized exchanges.
Democrats immediately blasted the results, attacked McKinsey’s integrity and demanded that it release its methodology and full responses.
So this week McKinsey opened its books, and what do you know, the survey was rigorous.
Respondents were a representative cross-section of businesses of many sizes and across industries and regions, and the questions were impartial.
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The White House shills declared that the study was not a “predictive economic analysis.”
For truth, they point to the ever-dutiful Congressional Budget Office which – after the CBO got an all expenses paid trip to meet with Obama in the oval office — thinks the law will have little effect on employer coverage.
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Viva McKinsey.
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