CBO Director Says ObamaCare Will Drive People From the Workforce

Discussion in 'Politics' started by CaféAuLait, Oct 27, 2010.

  1. CaféAuLait
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    CaféAuLait This Space for Rent

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    CBO Director Says ObamaCare Will Drive People From the Workforce | CNSnews.com
     
  2. Charles_Main
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    Charles_Main AR15 Owner

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    Yay!!
     
  3. uscitizen
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    uscitizen Senior Member

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    Ohh yeah I won't work because of health insurance.
    Who needs a house and car anyway.
     
  4. The Rabbi
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    The Rabbi Diamond Member

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    Think of all those artists out there freed from having to worry about work!
    [ame]http://www.youtube.com/watch?v=TRY7Wvim8-8[/ame]

    Surely you aren't saying Speaker Pelosi is lying, right???
     
  5. shintao
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    shintao Take Down ~ Tap Out

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    Yeah, I won't work until they ban corporate aid and war.
     
  6. McDowell's
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    McDowell's BANNED

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    I think the appropriate spin you're looking for is: "This is good because it will reduce the unemployment rate."
     
  7. shintao
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    shintao Take Down ~ Tap Out

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    Why should a corporation hire more workers in a capitalist system?? By making his product scarce, he can raise the price on his product to cover any losses, while not paying wages & benefits & buying material costs, utilities, etc. to make items.
     
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    Last edited: Oct 27, 2010
  8. McDowell's
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    McDowell's BANNED

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    That's when another corporation or individual who wants to make money makes a substantially similar product to meet the excess demand and prices fall...amazing how that works. Seems you're assuming infinite entry barriers to all industries.
     
  9. thereisnospoon
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    thereisnospoon Gold Member

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    How uninformed of you.
    Obamacare is going to cause employers to look very hard at their balance sheets.
    Firms will choose the federal penalty because it is less expensive than insuring their employees.
    Next those families who's income barely exceeds the threshold of eligibility for federal subsidies and having to pay 18% of their gross income for Obamacare may opt to have one spouse quit work to reduce their family income to fall below the level needed to collect federal insuance benefits.
    Think about it. Lets say the family income is $70,000 per year. The maximum income to get federal Obamacare subsidies is $62,000. One spouse makes $25k and the other $50k.
    18% of $70k is $12,600. SO take more than half of the one($25k) income away to pay for Obamacare. It makes little sense to have a person work full time for $13k per year.
    The goal as admitted by Obama is to create a federally mandated single payer European style socialized medicine system...As any intelligent perosn knows, socialized medicine is rationed medical care. High taxes. Medical care is much more expensive and is of poorer quality.
    Bureaucrats will use raw figures to decide who gets treatment and who gets to "put their affairs in order". Government will decide which treatments are "just too expensive".
    In order for this work it must be a captive system in which laws must be created to prohibit patients form seekeing care outside the government system. No American would be permitted to pay for care out of pocket. There is no private health insurance. In the Obamacare bill, private health insurance becomes illegal 5 years to the day after the bill was signed into law.
     
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    Last edited: Oct 27, 2010
  10. VaYank5150
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    VaYank5150 Gold Member

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    What sort of bullshit employer do YOU work for? Our company touts it's benefits highly in order to attract the best talent. It is not something they see as an afterthought. Our benefits are considered with salaries as "total compensation". I guess working for a foreign owned company has it's advantages.
     
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