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RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/6/2014 11:15:56 AM   
Yachtie


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quote:

ORIGINAL: Lucylastic

http://www.youtube.com/watch?v=euGHP_VRfrs#t=13

CBO Director: Actually, Obamacare Will Reduce Unemployment
President Obama's health care reform law isn't going to kill 2.5 million jobs, Congressional Budget Office director Douglas Elmendorf told the House Budget Committee on Wednesday.

One day after multiple media outlets misinterpreted a CBO report on Obamacare, Elmendorf clarified the CBO's position during the hearing. The federal agency, Elmendorf said, had found Obamacare “spurs employment and would reduce unemployment over the next few years."



He's selling a bad bill of goods to all the Kool Aid drinkers.


_____________________________

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RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/6/2014 11:24:43 AM   
Lucylastic


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it would be better if it was an informed opinion, not just an opinion

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RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/6/2014 1:32:46 PM   
Yachtie


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Prelude to throwing in the towel?



The Obama administration is considering an extension of the president's decision to let people keep their individual insurance policies even if they are not compliant with the health care overhaul, according to two top industry officials.

Avalere Health CEO Dan Mendelson said Thursday that the administration may let policyholders keep that coverage for an additional three years, stressing that no decision has been made. Policymakers are waiting to see what rate hikes health insurers plan for the insurance exchanges that are key to the overhaul's coverage expansions.

Now the administration is considering adding more years to this extension to avoid another wave of problems if rates on the exchange climb too high and people are left without an affordable coverage option. Health insurers are supposed to submit by May the rates they want to charge on the exchanges next year.



Extend and pretend. If things are so great, why? And three years too. Interesting.

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

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RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/6/2014 1:39:56 PM   
Lucylastic


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And another uninformed thought.....
throwing in the towel?
LMAO


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RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/6/2014 2:32:56 PM   
DaddySatyr


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From: Pittston, Pennsyltucky
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quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: Lucylastic

http://www.youtube.com/watch?v=euGHP_VRfrs#t=13

CBO Director: Actually, Obamacare Will Reduce Unemployment
President Obama's health care reform law isn't going to kill 2.5 million jobs, Congressional Budget Office director Douglas Elmendorf told the House Budget Committee on Wednesday.

One day after multiple media outlets misinterpreted a CBO report on Obamacare, Elmendorf clarified the CBO's position during the hearing. The federal agency, Elmendorf said, had found Obamacare “spurs employment and would reduce unemployment over the next few years."



He's selling a bad bill of goods to all the Kool Aid drinkers.



No. No. It will raise employment. People will have to work four part-time jobs because no companies will be offering full-time employment. Something that was said three years ago and sunuvabich, here it is!





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RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/6/2014 2:40:21 PM   
Lucylastic


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oh shit another uninformed opinion


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Profile   Post #: 26
RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/6/2014 2:46:12 PM   
DaddySatyr


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Oh, shit! More Pablum©





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Profile   Post #: 27
RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/6/2014 4:15:19 PM   
joether


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quote:

ORIGINAL: DaddySatyr
quote:

ORIGINAL: Yachtie
quote:

ORIGINAL: Lucylastic
http://www.youtube.com/watch?v=euGHP_VRfrs#t=13

CBO Director: Actually, Obamacare Will Reduce Unemployment
President Obama's health care reform law isn't going to kill 2.5 million jobs, Congressional Budget Office director Douglas Elmendorf told the House Budget Committee on Wednesday.

One day after multiple media outlets misinterpreted a CBO report on Obamacare, Elmendorf clarified the CBO's position during the hearing. The federal agency, Elmendorf said, had found Obamacare “spurs employment and would reduce unemployment over the next few years."

He's selling a bad bill of goods to all the Kool Aid drinkers.

No. No. It will raise employment. People will have to work four part-time jobs because no companies will be offering full-time employment. Something that was said three years ago and sunuvabich, here it is!


Any business man worth their weight in gold (and they all say they are), will tell you: If you have a good employee, you want to keep them with you if at all possible. If the reason is due to health coverage, then a business person might simply take the cost as 'doing business' to keep that employee with the company. That has been the practice of most white collar jobs for decades. Even many blue collar jobs will pick up the tab on health insurance for employees. Small businesses benefit from the law since they could pay for a portion of the individual's healthcare costs.

Trust me when I say, businesses that treat their employees like shit, often feel high turn over, higher than normal retraining costs, low motivation, low productivity and little loyalty. Consider that Starbucks can often obtain workers who stay with the company for a long time; where as Wal-Mart is ALWAYS looking for help. The first treats its employees to a good wage and benefits and the company obtains dividends for its efforts. The second treats its employees like shit, and profits off their low pay (you and me, the taxpayer are paying the rest of their 'living wages').


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Profile   Post #: 28
RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/8/2014 3:47:36 PM   
Yachtie


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Obama's recovery, will it kill 2M jobs with Obamacare?

It's in the data, and it's more than Obamacare.

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

(in reply to joether)
Profile   Post #: 29
RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/8/2014 3:58:38 PM   
PetBoyOwner


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That's a nice trick in the ZH article - assume everyone is eligible for the maximum benefit of every type of welfare in the US, then wow, look how that huge welfare benefit disincentivizes work!

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Profile   Post #: 30
RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/8/2014 4:01:43 PM   
Tkman117


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OMG, it's in the data! It's a calamity! Geeze man, stop crying wolf and just let it be. The ACA was deemed constitutional, it was also based on a republican state level legislation, so why don't you just sit back and watch the fireworks. There are 2 outcomes: 1) it fails, giving the Republicans some real fire power against the dems, or 2) it doesn't, in which case you guys will look like fools in the years to come. Personally I feel like you fear it's the second so you want to repeal it at all cost, but I digress. The ACA isn't going anywhere anytime soon, and the more the right wing bitches and moans, the more people will likely wonder why they'd want to vote for a couple of whiny children.

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RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/8/2014 4:26:13 PM   
Lucylastic


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hahahahahahahahhahaahah zero hedge is even more pathetic than Original post
talk about drastic bs

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RE: CBO: Obamacare will cost the US 2.3 million jobs - 2/8/2014 4:40:24 PM   
Owner59


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The target audience of the geopee-bullshit, eats bullshit for breakfast lunch and dinner.....


Let them.....

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