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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (843949)3/21/2015 12:31:15 PM
From: joseffy2 Recommendations

Recommended By
D.Austin
FJB

  Respond to of 1578154
 
Time left until Obama leaves office

timeanddate.com



To: Alighieri who wrote (843949)3/21/2015 12:34:25 PM
From: i-node1 Recommendation

Recommended By
gamesmistress

  Read Replies (1) | Respond to of 1578154
 
>> That's why the trend of job losses sharply reversed immediately after he took office.

It reversed sharply because the jobs that were going to be shed had been shed. All recessions have bottoms; this one was a very sharp downturn -- in anticipation of Obama taking office, and the ensuing upturn should have been sharp. It wasn't, and here we are 7 years later still with major employment problems.

The only rational explanation for a recession lasting this long is the counterproductive policy that made it impractical to hire workers. Even when you needed them.

Liberals have made this mistake before. I would have thought you'd learned something. Nope.

>> Of course we need proof that ACA has cost the economy jobs...and study after study has shown that this is not the case

Hell, CBO and Nancy Pelosi themselves said it. The ACA will make it possible for people to choose not to work. So, they can become artists and musicians.

Of course, what they don't recognize is that when you have people in the economy who aren't productive and suck resources out while they're not productive, it hurts everyone. Because overall productivity is reduced.

I have no interest in reading "studies" which are manipulated to support particular political positions. Honestly, economics is well enough understood that there really isn't any question about it. When you increase the cost of hiring you're going to get less hiring.



To: Alighieri who wrote (843949)3/21/2015 2:01:30 PM
From: i-node  Read Replies (2) | Respond to of 1578154
 
Given that Obamacare’s supporters like to take the Congressional Budget Office’s overly optimistic scoring of the president’s signature legislation as gospel, it’s fun to look at how poorly Obamacare is actually doing in relation to earlier CBO projections. When the Democrats rammed Obamacare through Congress in 2010 without a single Republican vote, the CBO said that the unpopular overhaul would lead to a net increase of 26 million people with health insurance by 2015 (15 million through Medicaid plus 13 million through the Obamacare exchanges minus 2 million who would otherwise have had private insurance but wouldn’t because of Obamacare).

Fast-forwarding five years, the CBO now says that Obamacare’s tally for 2015 will actually be a net increase of just 17 million people (10 million through Medicaid plus 11 million through the Obamacare exchanges minus 4 million who would otherwise have had private insurance but won’t, or don’t, because of Obamacare).

In other words, Obamacare is now slated to hit only 65 percent of the CBO’s original coverage projection for 2015.

Obamacare’s under-publicized failure on this key point is attributable to a variety of factors, including but not limited to the following: People aren’t thrilled with Obamacare-compliant insurance’s high cost and limited doctor networks, and some would even rather pay a fine for refusing to buy such insurance than pay its premiums; the Supreme Court ruled that part of Obamacare was unconstitutional, thereby giving states more freedom not to help expand it; and HealthCare.gov has been more reminiscent of DMV.org than of Expedia.com.


In addition (and just as the CBO originally projected), the bulk of Obamacare’s net coverage gains are coming from dumping people into Medicaid (59 percent of the current projected net increase in 2015), not from getting people enrolled in private insurance (41 percent). Of course, President Obama rarely if ever talks about that aspect of Obamacare — but Republicans should.