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Since obamacare became law it has been viewed by everyone I deal with as a negative on the economy and their individual businesses. For the first 2 years since it was passed, there was the unknown, It put a big gray cloud. People that had money to invest didn't because they weren't sure what the impact of obamacare would be. Once it became more clear what the impact was going to be, people started planning for it. That was important. Business people do much better when they can plan, rather than simply reacting. Unfortunately, from what I hear the planning for it stage is not going to do much to grow the economy. A lot of business people still hold out hope that the mandate will be dropped. If you don't believe me..look up the growth in the machine tool industry, They are doing great. Selling lots of new automated equipment. You can argue the point about whether automation will add jobs. It's what I do for a living and I can say with certainty it won't add jobs. It will add profits. |
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As long as the federal government is willing to borrow money to pump crazy amounts of cash into the ecomony, you can rest assured that people like me in manufacturing will be more than happy to take it. :) And I do have a nice liquid savings account for when no one wants to lend the US anymore money. |
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Chinese factories aren't cutting $30 dollar a month labor in exchange for robots that cost from $300k to a million dollars. It's obviously more profitable for them to keep the cheap labor, if you only take labor expense into account. However the robots are more efficient and do a more precise jobs which ends up creating more profit because they do a better job faster. They don't have Obamacare in China.. 8) |
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Before obamacare we would've hired a couple of welders. If you didn't make large quantities of any one part robots were hard to justify. Today, they are not hard to justify. |
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It's about the CBO report, no propaganda Who's brainwashed and ignorant? |
LOL, 7 pages of people posting saying the CBO report is wrong, geez!
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The fact that people buy into this political spin of "job-lock" is really a testament to how stupid and ridiculous some in this country are.
It's widely acknowledged the economy is lagging due to the labor market. The Fed (who basically run the economy) are not happy inflation is too low, and are concerned with deflation (think of the amazing economic Carter years in the 70s!). The believe inflation is so low because the labor market is so crappy and most people are out of work (and therefore cant spend), that the economy isn't picking up, and prices aren't going up over time. This is a really really bad thing, because if prices fall over time, then people dont buy things thinking shit is cheaper into the future, and it's a downward spiral. 3 years ago, the Fed said, when unemployment hit 6.5%, they'd start to raise interest rates (because they'd assume with jobs inflation would pick up), except one thing happened.... the unemployment rate started to drop not because we started adding so many jobs, but because people started to leave the work force for a variety of reasons (aging baby boomers, frustrated they couldn't find work, etc). So the fed said, the new trigger for raising interest rates will be an inflation target, not an unemployment rate target. Look at today, the unemployment rate is 6.6%, can you imagine what would happen if the Fed started to raise interest rates? My statement infers that there would be no more taper, (so an immediate termination of 65b a month in asset purchases), plus they would literally begin to go into rounds 1 and 2 of QE and begin to raise interest rates. It would be turmoil, and we'd likely go right back into recession. Now people have another reason to leave the work force, because they are afraid they would fail to quality for Obamacare subsidies, adding another headache to the mix. There's an incentive not to work, to not participate in the labor force. The Fed wants inflation. The Fed knows people need to work and make $ to spend, which drives inflation. A CBO report on Obamacare suggests that the equivalent of 2.5m jobs will be lost in the form of people electing not to work, because Obamamcare incentivizes them not to work, in order to qualify for Obamacare subsidies. So in this context, can someone explain to me how a CBO report stating that Obamacare will disincentivize people to work because as they make more $, they will fail to qualify for Obamacare subsidies is a good thing for the economy? Any Obamapologist, explain this to me... The reality is the report was incredibly damaging to Obamacare and if you need any affirmation, you can look at their "political spin." When in the last 4 years did any Democrat boast that Obamacare will free you from "job-lock"? - Never. It's pure and total political spin, and you shouldn't buy into it. |
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I'll try one more time. The paragraph you quoted is EXACTLY what I am saying is BAD. The "Affordable Health Care Act" is disincentivizing peole to work. Less people in the workforce. Smaller tax base. Smaller economy. Bigger debt. I don't even know what the heck you are arguing about. We AGREE on that part. The thing we disagree on is that you seem to think this is a GOOD thing. Now you can keep on insulting me all you want and ramble on about "Fox News" until you turn red in the face. It doesn't change what Al Gore would call the "Inconvenient Truth" The only thing I see you (as you parrot the talking points from Nancy Pelosi and the big Democrat Party machine) doing is spinning this and trying to make 2.5 million MORE people leaving the work force a "good" thing. I would like to stay civil in this discussion. And I've asked you to please keep it in the arena of ideas. But every post you make is some kind of insult slinging and name calling. Pathetic. |
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If he isn't in lockstep with the Democrat spin talking points then he must just be brainwashed from Fox News. Perhaps one day, when he gets a "thrill up his leg" when Obama speaks like Chris Matthews does, he will become "enlightened" and learn to NOT believe that CBO report and ONLY believe the spin on the report that is put out by pro-Obama websites. |
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It's going to hurt businesses? Fuck 'em. No worries, they'll find a way to write it off their taxes. |
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Last week the Democrat party told you that "income inequality" HAD to be addressed NOW. The minimum wage MUST be raised. That way we don't think about obamacare This week? The CBO report BURNS them on obamacare So quickly, do a 180! Jobs? We don't need no stinking jobs! Extra income? Hell no! But what about "income inequlity"? How does leaving the workforce and taking money from the govt help that? "Don't worry about what we said last week Robbie! And furthermore, there will be no actual debate on this! If you don't groupthink with the big Democrat machine, then I'll just ignore the actual issue and say you are jerking with Vendzilla. And next week we will change the national conversation again so NOTHING is ever answered." :( |
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http://politicalticker.blogs.cnn.com...-all-time-low/ >38% http://www.huffingtonpost.com/2013/1...n_4494074.html 41% http://www.politico.com/story/2014/0...ll-103117.html 31% http://www.rasmussenreports.com/publ...ealth_care_law You need to get out more |
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Single payer - implemented properly - would be best for all concerned.
Businesses AND employees. Healthcare, energy, and our tax code, are just a few of the important issues of our lives, that have been complicated by design. |
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Obama gave speeches on how it was going to go down for everyone |
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In other news the Administration today announced that the employer mandate will be delayed for at least another year.
That is... until after the 2014 Mid-Term elections Well Obama said he would run "the most transparent administration in history" and he's living up to that promise, the delay has to be the most transparent politically-motivated change to the ACA so far :1orglaugh Yup, going to be an interesting Mid-Term :winkwink: |
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My mom volunteered to help people with nothing and she is a card carrying member of the RNC. She was shocked first how hard gov benefits were for those people to get and how shitty they were. So no one is quitting their job to live on welfare. |
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I will understand if none of them come back to this thread. I'd be embarrassed too if I had supported this clown. |
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Secondly I have paid for my own health insurance since 2000, it has gone up every year and I have had to raise deductibles so I didnt have a gorilla monthly bill. They would tell we are dropping that plan you have go pick another or leave. Its funny no one bitched about the fucking we all were getting from Insurance companies until Barry came in. |
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But I've talked to about 8 people who are age 18-27 that are getting royally screwed. They used to have cheap care that was around $100 a month, now it's going up to about $200 for them. A number of them said they will just pay the fine/tax now and not have healthcare at all. This is because they earn too much to qualify for subsidies but not enough to really pay the increase. |
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here's why they're assholes. One of their main media mouthpieces, Sean Hannity just said -- and I caught this only while flipping channels and stopped on FoX for a minute -- "The NAACP is not for the advancement of colored people". I can only imagine what he's saying the other 59 minutes I'm not watching. This kind of mindset can be dressed up to look like something else during election time, but they won't be able to hide who they really are. Everyone knows they're a bunch of rich, white assholes. And it's oK to be rich and white, but they don't also have to be bigoted, insensitive, unsympathetic or many other negative adjectives that seem to fit them these days. Bob Dole is probably horrified by what his party has become in the last decade. |
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How about Bush telling us that Iraqi oil would pay for the war? That's just off the top of my head and sounds like a pretty bullshit promise that never had a hope or chance in hell of happening.. |
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I forgot to mention though, under their new plan if they wanted it, pregnancy would be covered. |
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I've had heath care insurance my whole life |
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