ACA (Obamacare) updates for 2014

Heard today that this ACA is going to knock an estimade 2.5 million full time workers down to PART TIME workers and that there is a chance that the web-site has a malware virus that came out of Belarus..

Rick wrote: From your house minority leader...
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From the CBO:

Health-care law will mean 2 million fewer workers

The Affordable Care Act will reduce the number of full-time workers by more than 2 million in coming years, congressional budget analysts said Tuesday, a finding that sent the White House scrambling to defend a law that has bedeviled President Obama for years.

After obtaining coverage through the health law, some workers may forgo employment, while others may reduce hours, according to a report by the Congressional Budget Office. Low-wage workers are the most likely to drop out of the workforce as a result of the law, it said. The CBO said the law’s impact on jobs mostly would be felt after 2016.

Yay! More time to spend learning how to weave baskets or play the guitar!!

http://www.washingtonpost.com/business/ ... story.html

So do you believe that 2 million new job openings that are a result of the success of the ACA is a bad thing in this economy?

MamaRama wrote: Heard today that this ACA is going to knock an estimade 2.5 million full time workers down to PART TIME workers and that there is a chance that the web-site has a malware virus that came out of Belarus..

Heard today that Prince Harry is having an affair with Lindsay Lohan.

Dog, this is from the CBO. Or do you think they are an untrustworthy source now that they are spouting numbers you don't like?

Something the Dog Said wrote: So do you believe that 2 million new job openings that are a result of the success of the ACA is a bad thing in this economy?

What? That is absurd spinning. I know many young people who can't get full time work, even though they had it before, because their employers have to keep them under 30 hours. This is a good thing in your mind? Other employers are making employees into subcontractors...is this a good thing in your mind?

FredHayek wrote: Dog, this is from the CBO. Or do you think they are an untrustworthy source now that they are spouting numbers you don't like?

I very much like the numbers from the CBO report. I like that there will be an additional 2 million job openings due to workers voluntary leaving full time jobs since they no longer have to depend upon employer health insurance thanks to the ACA. See page 117 of the CBO report.
I like that the projected costs of the ACA is 9 billion LESS than previous reports. See page 105 of CBO report.

I like that the deficit has been reduced to 1/3 of what it was after the policies of the previous administration were reversed. See page 6 of CBO report.
Yep, I like those numbers.

RenegadeCJ wrote:

Something the Dog Said wrote: So do you believe that 2 million new job openings that are a result of the success of the ACA is a bad thing in this economy?

What? That is absurd spinning. I know many young people who can't get full time work, even though they had it before, because their employers have to keep them under 30 hours. This is a good thing in your mind? Other employers are making employees into subcontractors...is this a good thing in your mind?

I know it is a good thing that additional jobs and hours will become available as workers CHOOSE to quit or reduce their hours since they no longer are dependent upon working SOLELY to get health insurance per the CBO report discussed in Ricks post. Why would that not be a good thing? These individuals can now retire, take care of their families, pursue their dreams, whatever, while opening up jobs or increasing hours for others. Why do you believe that is such a bad thing?

Something the Dog Said wrote:

Rick wrote: From your house minority leader...
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From the CBO:

Health-care law will mean 2 million fewer workers

The Affordable Care Act will reduce the number of full-time workers by more than 2 million in coming years, congressional budget analysts said Tuesday, a finding that sent the White House scrambling to defend a law that has bedeviled President Obama for years.

After obtaining coverage through the health law, some workers may forgo employment, while others may reduce hours, according to a report by the Congressional Budget Office. Low-wage workers are the most likely to drop out of the workforce as a result of the law, it said. The CBO said the law’s impact on jobs mostly would be felt after 2016.

Yay! More time to spend learning how to weave baskets or play the guitar!!

http://www.washingtonpost.com/business/ ... story.html

So do you believe that 2 million new job openings that are a result of the success of the ACA is a bad thing in this economy?

No, not really. Pelosi said the ACA would immediately create 400,000 jobs and 4 million total. Please explain how that liberal logic plays out.

It's the same type of dishonesty used in the signup numbers. 6 million people get health insurance cancelled yet Obama never mentions those, only the people who have signed up... even if it's a net loss.

If two million MORE people drop out of the workforce, it's reasonable to believe that many of those will be dependent on taxpayers forever. Work needs to be promoted because there needs to be more people paying into everything that's eventually going to run out of money.

All we need is 2 million more people sucking off the goverenment.. Food stamps, Medicaid, welfare all were put into place as a "safety net" for people, not for a permanent way of life.

Rick wrote:

Something the Dog Said wrote: So do you believe that 2 million new job openings that are a result of the success of the ACA is a bad thing in this economy?

No, not really. Pelosi said the ACA would immediately create 400,000 jobs and 4 million total. Please explain how that liberal logic plays out.

It's the same type of dishonesty used in the signup numbers. 6 million people get health insurance cancelled yet Obama never mentions those, only the people who have signed up... even if it's a net loss.

If two million MORE people drop out of the workforce, it's reasonable to believe that many of those will be dependent on taxpayers forever. Work needs to be promoted because there needs to be more people paying into everything that's eventually going to run out of money.

Pure BS. Not a single factual statement. Lie number one: Pelosi was correct, there have been an increase of 7.4 million jobs, including 940,000 jobs in the health care industry since the ACA went into effect.
Lie number 2: nearly every single person whose insurance was "cancelled" were automatically enrolled into a new plan. Further, every person who had a "cancelled" plan were allowed to continue onto that plan, if the insurance company continued to offer that plan. No one has not been offered coverage. Further, since the ACA inclueded expanded Medicaid coverage, the total number of enrollees under the ACA is well over 6 million while those who do not have coverage due to the ACA is nill.
Lie number 3: It is total speculation and BS to claim that those 2 million who voluntarily choose to quit working or to reduce their hours since they were only working to receive health insurance will go on taxpayer subsidies. It is deceitful to claim that as a fact with not a single iota of fact to back it up. Many of those are early retirees who have enough to live on, but could not qualify for Medicare yet. Many of those are moms whose wages did not cover the cost of daycare and transportation, yet needed the health insurance benefits to cover their kids. Many of those are individuals with preexisting conditions who could not get insurance under an individual plan before the ACA. Many of those individuals are students who can now concentrate on their studies to become more productive and are now covered under their parent's plans under the ACA.
It is deceitful and dishonest to claim that these 2 million are bums who will go on welfare. Typical conservative BS.

Further, these 2 million jobs will be opened up for an additional 2 million to work and no longer rely upon on unemployment benefits and taxpayer subsidies.

Try the facts for a change rather than your BS.