JBond
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DEMS’ MIDTERM PLAN MEANS LESS WORK FOR AMERICANS
For a second straight week, Democrats find themselves explaining why it’s a good thing for fewer Americans to be employed. Last week, it was a Congressional Budget Office report that said millions would leave the U.S. workforce in order to obtain ObamaCare benefits. This week, the CBO says that the centerpiece of the Obama Democrats midterm campaign pitch, a call to increase the federal minimum wage by 40 percent, will cost as many as 1 million jobs.
Democrats aren’t much disputing the finding from the nonpartisan green-eyeshade brigade, but are instead trying to explain why less work is a good thing. Again. The argument is that while those low-wage jobs would be wiped out, the enhanced incomes of those still working will pay dividends in the years to come. It’s a similar argument as last week’s: Fewer people will work, but their being “freed” from unsatisfying employment will create new opportunities and raise overall living standards.
Much as has been the case with the consequences of ObamaCare, the painful process of explaining the real-world disruptions from the application of economic theories is bloody awful work for a midterm campaign message. Unable to continue to effectively blame Republican practices from the previous decade for the unhappy condition of the economy or health sector, Democrats have decided to get proactive. Big mistake. Unfortunately, what Democrats propose fits too neatly into Republican talking points honed over the last four years, namely that President Obama’s policies mean big government and more dependency. While Dems will be torturing the forecast tables of economic reports to explain why lost insurance, higher premiums, lost jobs and more debt are necessary for building a sustainable economy, Republicans will simply say “Obama isn’t working.”
OBAMACARE TAX BLAMED FOR HUGE JOB LOSS
Daily Caller: “Obamacare’s medical device tax has already created a job loss of 33,000 in the medical device industry and 132,000 more job losses are expected, according to a new report from the industry trade group the Advanced Medical Technology Association (AdvaMed)...”
OBAMACARE FORCES MORE HOSPITAL CLOSURES
Daily Caller: “The fourth Georgia hospital in two years is closing its doors due to severe financial difficulties caused by Obamacare’s payment cuts for emergency services. The Lower Oconee Community Hospital is, for now, a critical access hospital in southeastern Georgia that holds 25 beds. The hospital is suffering from serious cash-flow problems, largely due to the area’s 23 percent uninsured population…the federal government has historically made payments to hospitals to cover the cost of uninsured patients seeking free medical care in emergency rooms, as federal law mandates that hospitals must care for all patients regardless of their ability to pay. Because the Affordable Care Act’s authors believed they’d forced all states to implement the Medicaid expansion, Obamacare vastly cut hospital payments…”
http://www.foxnews.com/politics/2014/02/19/dems-struggle-again-to-explain-why-less-work-is-better/?intcmp=latestnews
For a second straight week, Democrats find themselves explaining why it’s a good thing for fewer Americans to be employed. Last week, it was a Congressional Budget Office report that said millions would leave the U.S. workforce in order to obtain ObamaCare benefits. This week, the CBO says that the centerpiece of the Obama Democrats midterm campaign pitch, a call to increase the federal minimum wage by 40 percent, will cost as many as 1 million jobs.
Democrats aren’t much disputing the finding from the nonpartisan green-eyeshade brigade, but are instead trying to explain why less work is a good thing. Again. The argument is that while those low-wage jobs would be wiped out, the enhanced incomes of those still working will pay dividends in the years to come. It’s a similar argument as last week’s: Fewer people will work, but their being “freed” from unsatisfying employment will create new opportunities and raise overall living standards.
Much as has been the case with the consequences of ObamaCare, the painful process of explaining the real-world disruptions from the application of economic theories is bloody awful work for a midterm campaign message. Unable to continue to effectively blame Republican practices from the previous decade for the unhappy condition of the economy or health sector, Democrats have decided to get proactive. Big mistake. Unfortunately, what Democrats propose fits too neatly into Republican talking points honed over the last four years, namely that President Obama’s policies mean big government and more dependency. While Dems will be torturing the forecast tables of economic reports to explain why lost insurance, higher premiums, lost jobs and more debt are necessary for building a sustainable economy, Republicans will simply say “Obama isn’t working.”
OBAMACARE TAX BLAMED FOR HUGE JOB LOSS
Daily Caller: “Obamacare’s medical device tax has already created a job loss of 33,000 in the medical device industry and 132,000 more job losses are expected, according to a new report from the industry trade group the Advanced Medical Technology Association (AdvaMed)...”
OBAMACARE FORCES MORE HOSPITAL CLOSURES
Daily Caller: “The fourth Georgia hospital in two years is closing its doors due to severe financial difficulties caused by Obamacare’s payment cuts for emergency services. The Lower Oconee Community Hospital is, for now, a critical access hospital in southeastern Georgia that holds 25 beds. The hospital is suffering from serious cash-flow problems, largely due to the area’s 23 percent uninsured population…the federal government has historically made payments to hospitals to cover the cost of uninsured patients seeking free medical care in emergency rooms, as federal law mandates that hospitals must care for all patients regardless of their ability to pay. Because the Affordable Care Act’s authors believed they’d forced all states to implement the Medicaid expansion, Obamacare vastly cut hospital payments…”
http://www.foxnews.com/politics/2014/02/19/dems-struggle-again-to-explain-why-less-work-is-better/?intcmp=latestnews
