#55978 Feb 8, 2014
Why the new CBO report on Obamacare is good news
The Congressional Budget Office is out with its latest report on the Affordable Care Act, and here are a few bottom lines:
— The ACA is cheaper than it expected.
— It will "markedly increase" the number of Americans with health insurance.
— The risk-adjustment provisions, which Congressional Republicans want to overturn as a "bailout" of the insurance industry, will actually turn a profit to the U.S. Treasury.
Given all this, why are the first news headlines on the CBO report depicting it as calling Obamacare a job killer?
You can chalk up some of that to the crudity of headline-writing, and some to basic innumeracy in the press. But it's important to examine what the CBO actually says about the ACA's impact on the labor market.(You can find it at pages 117-127, excerpted here.)
RELATED: Yes, men should pay for pregnancy coverage, and here's why
The CBO projects that the act will reduce the supply of labor, not the availability of jobs. There's a big difference. In fact, it suggests that aggregate demand for labor (that is, the number of jobs) will increase, not decrease; but that many workers or would-be workers will be prompted by the ACA to leave the labor force, many of them voluntarily.
Read more here:
#55979 Feb 8, 2014
We've previously identified this GOP position as the most cynical attack on the ACA of all — the Republicans choose to call it a "bailout" of insurers; actually, it's a way of keeping premiums for some plans from getting out of hand, until the industry has more experience dealing with its new clientele. Unsurprisingly, the GOP is doubling down on this dishonesty by talking about eliminating the risk corridors as a condition for raising the federal debt limit.
The CBO, in any case, says that in 2015-2024, the government will pay out $8 billion in risk subsidies to the insurers but collect $16 billion. Real-world math says this is a gain to the Treasury of $8 billion; GOP math says it's a "bailout." You be the judge.
Regarding its most important bottom-line finding, the CBO says enrollment in individual insurance exchanges may reach only 6 million this year, down from its previous estimate of 7 million, thanks to the problems with the federal enrollment website, healthcare.gov . But it says enrollment will likely surge as the April 1 deadline for signing up approaches, and the 7-million goal is still attainable.
The ACA will increase the number of Americans with health insurance by 13 million this year, 20 million next year, and 25 million each year from then through 2024. Some 80% of those enrollees will be receiving federal subsidies to keep their coverage affordable.
There will be fewer uninsured people living in the United States, and most of those with individual coverage will be getting help to pay for it. Is there another other conclusion to draw from those statistics than the Affordable Care Act is working?
#55980 Feb 8, 2014
Your inability to find an article doesn't make it a lie. It took 2 seconds to locate the Washington Post article by entering the title into Google. Here you go:
It's tough to swallow isn't it. Even the Washington Post opines that Obama's dishonesty and incompetence is responsible for killing immigration reform.
Previously you 'misstated' statistics from an article you quoted, you've laughably called federaltimes.com a 'tea bagger' site, you're obviously clueless about how to use Google, you're ignorant about what constitutes plagiarism (sorry, sweetheart, but quoting an article and providing its source is not plagiarism), your type-before-thinking posts regularly get shredded at the Ravenswood Topix site and, inevitably, your retorts degrade to vulgarities and insults.
And, despite evidence to the contrary, you remind us that you're 'educated' because you've been accepted to college.
#55982 Feb 8, 2014
Sorry dude, but the article was an 'opinion' of Obama's immigration views, the author is a conservative that worked as a speech writer for G W Bush and D. Rumsfeld. Of course he's not going to say a good thing about Obama. In all his articles, he never has. The Daily Telegraph named him 97 out of 100 ' Most Influential Conservatives in America'. An opinion is just that. HIS opinion. It doesn't make his views true. As a matter of a fact his opinion is mostly false from the start.
He should base his articles on fact instead of his personal opinion of Obama's stance on immigration. Not that the GOP hasn't stopped him various times in the past to do something about it. The real truth is immigration reform stalls because GOP has ‘widespread doubt’ about Obama. John Boehner ( Speaker of the House ) drew rebukes from advocacy groups frustrated by the verbal zigzags of a speaker who has spent 15 months calling immigration a top priority while refusing to bring any legislation to the House floor. This opinion of a deep rooted conservative reminds me of reading opinions on the FOX news website. IMO.
#55983 Feb 8, 2014
You can see it here now...
He's jealous because you have one of those fancy "college educations". He doesnt have the ability to understand your college educated logic. He's more like on the level of Limbaugh juiced logic.
Limbaugh Logic example...You all know that grass is always green after it rains except in Kentucky where it's azure. Therefore, this proves that President Obama was born in Kenya, where there is grass and it is some color too...hahaha everybody knows this...hahahaaha those dumb liberal dont know nothin...
now thats education, Limbaugh style
I guess he was home schooled by some ignorant fat presciption drug addicted idiot?
Since: May 13
#55984 Feb 9, 2014
The Laughing at You guy is in a permanent state of confusion.
#55985 Feb 9, 2014
Tommy boy gets upset at Philadelphia radio talk show host for not giving him a powder puff interview filled with softball questions and responses.
So Corbett gets called out on his Republicon style of political pandering and he cries???
#55986 Feb 9, 2014
Signing up for Obamacare via the security nightmare website or assisted by an Obamacare 'navigator' with no accountability is like playing Russian roulette with your most personal information.
Unlike school bus drivers or cafeteria workers, most Obamacare 'navigators' are not required to pass a background check. But you're required to give these strangers your social security number, financial and health care information.
What could go wrong?
NationalReview.com , February 7, 2014
Medical Identity Theft and Obamacare
Michael Ollove, a reporter for Stateline, noted that 43 percent of identity-theft incidents in the United States are medical-related,“a far greater chunk than identity thefts involving banking and finance, the government and the military, or education. The U.S. Department of Health and Human Services says that since it started keeping records in 2009, the medical records of between 27.8 million and 6.7 million people have been breached.”
Regardless, as many as 31 states do not conduct background checks on Obamacare navigators, who have access to enrollees’ names, Social Security numbers, financial records, and health information. A recent NR report found that in California, at least 43 navigators approved by the state health exchange had prior convictions, including for forgery and welfare fraud.
Clearly, there’s enormous risk that consumers’ confidential information could fall into the wrong hands. Without more oversight, expect even more dramatic statistics by next year.
#55987 Feb 9, 2014
OBAMA SCARE: Fox News Warns That If You Sign Up For ObamaCare Hackers Will Steal Your Life Savings
On Friday's episode of "The Real Story" on Fox News, host Gretchen Carlson introduced an ominous new strain of fear mongering to intimidate Americans from learning more about how the Affordable Care Act (aka ObamaCare) can benefit them. Fox News is so terrified that people will discover how much there is to gain by enrolling, that they continue to invent ever more frightening tales of horror.
Carlson's guest for the segment was John McAfee, the notorious developer of the anti-virus software company, who is presently a fugitive from a murder investigation. Carlson introduced McAfee with a declarative statement that enrolling in ObamaCare is dangerous because "Hackers could easily steal your identity. You could even lose you life savings if you do sign up."
Oh my! That sounds awful. Pack up the kids Mabel, we're moving to our bunker in Idaho where we stashed the gold bullion and freeze-fried moose stew. Fox News has confirmed that legions of hackers will be stalking innocent health insurance consumers to bleed them dry and deliver their souls to Satan.
This wild assertion that visitors to HealthCare.gov are going to be victimized by hackers is designed to frighten people away from the web site. Fox News has embarked on a full scale assault against ObamaCare with false allegations of higher costs, reduced service, death panels, national deficits, and even allusions to slavery. Their goal is to steer enough gullible viewers away from participating in order to engineer the program's failure. And now they are deploying their latest tactic, fear of a malicious army of identity thieves.
During the interview, Carlson raises the specter of outlaw hackers laying in wait on the ObamaCare web site. However, neither she nor McAfee actually provide any evidence of such a threat. In fact, when directly asked about it. McAfee diverts from the question and lays out a completely different threat that has nothing whatsoever to do with the ObamaCare web site:
More garbage form the FOX news network and various other sites.
Lose your life savings while signing up for Obama care? Really ?
No wonder the right wing numb nuts lost 2 Presidential elections in a row to a black dude that wants to bankrupt the country!!
#55988 Feb 9, 2014
yes, it's me that nasty little in-bred looking prick you've all come to know and love. Ive been hearing rumors about Texas going BLUE. This would be disasterous to the GOP. just think how many electorals we would lose.
However, I know that I can think up some more devious, retardedly brutal accusations against Obamacare to sway over more voters. This is my idea alone, so please dont try to steal my idea. This strategy is sure to win back the hispanic, black, women and gay voters for sure let alone the middle of the road leaning middle class Independants.
Yes, im a nasty little prick but Im going to give it you middle class slackers real good. You lazy ass bums are going to really feel my hostile rath going forward. So vote for me Rand Paul for president all you lazy bastards out there. Im going to give it to you good without Obamacare and unemployement benefits...Oh yeah were taking all that shtt away from you beggars.
So it's easy to see.... the Texans will blindly follow me too, once they get my message of tolerance and fair mindedness and im just the type that you like...I say jump and you say How high, Sir...yes and dont forget the Sir...or I will put you on "death row" prison in two shakes...get it now?
So, have a nice day....you freakin losers
#55989 Feb 9, 2014
WOW! You're finally learning the difference between facts and opinions. So I expect to see your posts to be facts and not liberal opinions from blogs etc. being quoted as facts. My oh my what will you do now dude? HAHAHAHAHA
#55990 Feb 9, 2014
Tommy Boy has a fund raiser from a Comcast Executive which raises almost a 1/4 million dollars and presto: a new building for Comcast in Philadelphia with subsidies from the state tax payers.
#55991 Feb 10, 2014
Has anyone seen Corbett or Christies poll numbers recently? Get used to saying governor McCord and president Clinton
#55992 Feb 10, 2014
The OFA is Barack Hussein Obama's 2012 reelection committee now desperately trying to put lipstick on the Obamacare pig--Obama's legacy legislation--by huckstering a meeting with the President.
In the first 16 weeks only 3 million enrolled for Obamacare. In the coming 8 weeks 4 million more enrollments are needed to meet Obama's projections.
The math doesn't look good so anticipate 'an extension' to provide cover for the Obama administration's epic incompetence.
WashingtonTimes.com , February 8, 2014
OFA hopes offer to meet president will boost last-minute Obamacare enrollment
An advocacy group tied to President Obama is enticing volunteers to drum up last-minute enrollment in Obamacare by offering a free trip for two winners to Washington to meet the president.
To boost enrollment in Obamacare, OFA is dangling the offer for volunteers of free air fare to Washington and a free hotel stay, a package worth about $1,400, to meet Mr. Obama backstage at the group’s national organizing summit on Feb. 25. Two winners will be chosen at random, the group said, and will be able to bring guests with them on the trip.
As of Jan. 24, the government said more than 3 million people had enrolled for private health insurance through the ACA exchanges. The administration has set a goal of 7 million enrollees by the end of March.
The enrollment push comes just days after a report by the nonpartisan Congressional Budget Office raised new criticisms about the ACA, saying the program would create a disincentive for some Americans to work full-time because its subsidies decrease as a worker’s income rises.
#55993 Feb 10, 2014
50,000+ posts? Who cares! LOL!
#55994 Feb 10, 2014
What this really comes down to is that Republicans mischaracterized the report’s findings because they don’t want to let go of their “Obamacare is a job killer” talking point. After all, it’s much harder politically to argue that helping poor people get health coverage is a bad idea because it reduces their incentive to work than it is to argue that Big Bad Government Regulations (in the form of unpopular Obamacare) are killing millions of jobs, driving up unemployment, and strangling the recovery
The CBO report actually says that the impact of the ACA will be “almost entirely” due to a decline in labor that “workers choose to supply.” It says explicitly that the ACA’s impact will not be felt as an “increase in unemployment” or “underemployment".
The CBO report found that Obamacare — through subsidizing health coverage – would reduce the amount of hours workers choose to work, to the equivalent of 2.5 million full-time workers over 10 years. This was widely spun by Republicans as a loss of 2.5 million jobs.
The right wing in America has always hated the idea that working people should have anything more than the fleeting security gotten from a job. Back in the 30's they fought furiously against Social Security, unemployment insurance and the rest of the New Deal package.
Later they railed against Medicare and Medicaid in the 60's. Consistently they have wanted workers to be at the beck and call of the employer. Which I think is why they have continued to fight against health care benefits for younger workers which weren't tied to a job. So it would be perfectly logical for those same elements to be infuriated about the ACA (Obamacare) since it appears to be giving workers some greater freedom to quit, or drop out completely from the daily grind by taking a retirement they couldn't have afforded earlier because of the consideration of health insurance costs.
Overall jobs are not likely to be lost, but younger workers will be able to fill more openings as the older speed up their exit from the workforce. And in the course of that turnover it is quite likely that wages and salaries might actually go up a bit. Yet another reason for the right to throw a fit.
As more positive numbers come out from the CBO the GOP will have to focus back on Benghazi........talk about reaching for the bottom of the barrel.
Anyone remember Nate Silver? You know the guy that predicted an Obama win in 2008 and missed the mark by 1 state as far as electoral votes Obama would win by, well in the 2012 Presidential election Mr. Silver got all the states right that Obama carried..100%.. while FOX news puppet Dick Morris said that Romney would carry over 320 electoral votes?
Well here is a guy that is doing basically the same thing on Obamacare.
This guy is in the ball park for his predictions on enrollment numbers for Obamacare....If you're a teabagger and a Obama hater I wouldn't click on the link below, you might slash your wrists.
I realize it might be confusing to some of you Obama haters, but try to keep up, FOX news needs to bring back Glenn Beck with his witchcraft chalkboard and his Ouija board to explain Obamacare numbers !!!
#55996 Feb 14, 2014
Little wonder a majority of voters view Barack Hussein Obama as dishonest and incompetent.
February 14, 2014
7 Times Obama Ignored the Law to Impose His Executive Will
President Obama—the imperial President, the “I’ve got a pen and I’ve got a phone” President who can’t wait to show us his “year of action”—once vowed to do exactly the opposite.
"The biggest problems that we’re facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all. And that’s what I intend to reverse when I’m President of the United States of America."
[--Barack Hussein Obama]
That was candidate Obama back in 2008. This comment somehow slipped under the radar for the past few years and resurfaced this week.
Proving the absurdity of this campaign promise, Heritage’s legal experts have put together a list of seven illegal actions the Obama Administration has taken in the President’s unilateral drive for executive power.
Since: May 13
#56000 Feb 16, 2014
A. The tea baggers at Heritage invented Obamacare as the compromise to the single-payer system.
B. Obama has written fewer executive orders than any president in modern history.
C. Just because they're facts doesn't mean they are liberal.
#56001 Feb 16, 2014
I agree BW Bush signed 291 executive orders during his 8 years.
But that was OK,,,he was a white old guy conservative..
#56002 Feb 16, 2014
John Boehner and the GOP fold on raising the debt ceiling.....not only did they raise it, there is no ceiling at all now until they vote next year.
Tea bags are all crying and making their tea bags all soggy.LMAO!
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