To: Peter Dierks who wrote (42262 ) 3/24/2010 12:21:02 PM From: TimF 1 Recommendation Read Replies (2) | Respond to "I have to admit that a certain selfish part of me will be relieved if the bill passes. I don’t know what pre-existing conditions I might have or how much money I will be earning once I am no longer covered by my parents’ generous tax-payer-funded insurance. I am far less ambitious than most of my University peers when it comes to how much money I would like to earn after graduating from college. Regardless of what happens, my utility-maximizing level of effort probably involves more leisure (somehow defined) and less productive work (somehow defined). However, without Obama(/Pelosi)Care, I would be more likely to focus on earnings, to assure myself a minimal level of security in the event of a health-related catastrophe. If it passes, prospective low income-levels at which I would be subsidized under the plan will appear much more desirable. My incentives will be affected such that I will be less likely to look for more productive work. In other words, I will be less likely to do work that is probably more valuable to the bulk of society. At the margin, people in my situation will make a similar decision: to produce less value for other people and more value for themselves."radicalignorance.com
