To: RetiredNow who wrote (247392 ) 3/14/2014 9:25:02 AM From: Sam Read Replies (2) | Respond to of 541731 Wow, there is so much confusion in that post! I can tell you that MANY of my friends are contractors. Many used to be employed with big firms. Most are contractors now because they got laid off in the past few years and have come back to some of the same firms as contractors. Their former employers laid them off, because they don't want to pay the increased healthcare costs and SS and Medicare taxes, but they are fine picking them back up as contractors. The kicker for my contractor friends is that the pay isn't bad, but their health care costs have skyrocketed. First of all, employers aren't paying increased SS and Medicare taxes--if they say that, they are lying. Second, people in construction were laid off back in '08-09 because the real estate/credit bubble burst. Business was great before then in good part due to the bubble. And as for healthcare costs--guess what, they were increasing before Obama, and in fact healthcare cost increases have been slowing since Obama came into office. Not insurance prices though. Yes, I realize that insurance companies claim that their increases are due to Obamacare, but this is mostly BS. See for example, But analyst Doug Whiteman said this may be a case of companies passing along more of the health insurance costs to employees and using Obamacare as an excuse. "Since prices for everything rise all the time, I suspect that the reason workers are telling us their health insurance is costing more is because there are noticeable increases -- for example, their $25 copay at the doctor’s office just went up to $35," said Whiteman, an insurance analyst for Bankrate. "Businesses are passing along more of the insurance costs to their covered employees, though this is a trend that has been going on for years, since before Obamacare." One example of the apparent disconnect: Some companies are blaming the ACA's 40 percent tax on higher-cost "Cadillac" health insurance as reason to raise plan costs or curtail coverage. But that aspect of the law doesn't take effect until 2018, Whiteman notes. "It would appear companies are acting very preemptively," he said. cbsnews.com There has been an incredible amount of FUD spread about Obamacare, much of it deliberate. I am not saying that these people aren't paying higher insurance premiums, but blaming Obamacare for those premiums and for medical costs in general just isn't right. And if Obamacare were repealed tomorrow, I will bet that insurance prices won't go down (except by reducing coverage). But this is a complicated issue, and really, I don't think we can resolve it on an SI thread--it is far more likely that we would just fling simplistic talking points at each other. All of these folks are solidly upper middle class, I'd say, with families, kids in school or college, and a heap of weekly bills to pay. Most don't have much savings in the bank nor investments in stocks and most have mortgages to pay. If they don't have "much savings in the bank," then I wouldn't say that they are 'solidly upper middle class." Certainly not "solid." Well then, who has benefitted most from Obama's policies? The poor most definitely. They get Obama phones, 5 years of unemployment, food stamps, and a whole host of welfare. I can't believe you bring up "Obama phones"--I thought that by now everyone knew that that program began under Bush. And surely you know that no one lives very well on welfare, food stamps or unemployment insurance. But maybe you actually believe these things? That people pant for these things, would rather be on welfare than have a job, lol? Maybe you don't know that welfare itself is limited in time? You just fall for the "welfare queen" nonsense? All of this makes me sick and feeling guilty. I'm doing fine, but I see the misery all around me and I know and see and feel viscerally what these Obama and Fed policies are doing. They are enriching the rich and giving welfare to the poor, and DESTROYING the middle class. I don't doubt that the rich have done better under Obama than the middle class. But that has been true since the 70s, and especially since the Reagan administration dramatically flattened the tax curve. And the "Greed is good" slogan became firmly embedded in popular culture.