Author Topic: Four Reasons Why The Court’s Decision To Uphold Obamacare Is Good News For Th  (Read 908 times)

0 Members and 1 Guest are viewing this topic.

Offline Freeper

  • Moderator
  • Hero Member
  • *****
  • Posts: 17779
  • Reputation: +1311/-314
  • Creepy ass cracker.
Quote
Tx4obama (19,474 posts)

 
Four Reasons Why The Court’s Decision To Uphold Obamacare Is Good News For The Economy

Last edited Thu Jun 28, 2012, 09:14 PM USA/ET - Edit history (1)




-- snip --

Health care reform isn’t important just because it expands access to quality, affordable care, but also because rapidly rising costs and the fact that 30 million Americans don’t have insurance are weighing down the American economy. Here are four reasons why the Court’s decision is good news for the still-struggling economy:

1) Obamacare will reduce the deficit. The Congressional Budget Office estimated in 2011 that Obamacare will reduce the federal deficit by $210 billion over the next decade. The law is expected to save about $1 trillion over its second decade, according to other CBO analyses. The CBO found that repealing the law, as Republicans attempted to do in 2011, would increase the deficit by $230 billion over the next 10 years.

2) Health care costs for young Americans won’t skyrocket. More than 3.1 million young Americans have insurance thanks to Obamacare. Without the law, the cost of acquiring an equivalent health care plan would have risen dramatically at a time when young people are still struggling with the effects of the Great Recession.

3) Millions of jobs will be created. Health reform will help create roughly 4 million jobs over the next decade, according to a 2010 Center for American Progress report, by reducing the cost of health care and making it cheaper for businesses to hire. The law will create between 250,000 and 400,000 jobs a year, and they will be spread across sectors: according to the study, the law will help create more than 200,000 manufacturing and 900,000 in the service sector by 2016.

4) It will be cheaper for employers to provide health care. American businesses are under tremendous pressure thanks to rising health care costs, and these costs are often passed on to customers (one study estimates that each car sold by General Motors contains $1,200 in built-in health costs). The ACA, however, will make it cheaper for businesses to provide care, and not just by reducing the cost of care. Small businesses are already receiving tax credits contained in the law to help insure their employees, and it has already offered more than $4.7 billion in reinsurance payments to companies that are providing health care to retirees who aren’t yet eligible for Medicare.


-- snip --

Full article here: http://thinkprogress.org/economy/2012/06/28/505510/four-reasons-why-the-courts-decision-to-uphold-obamacare-is-good-news-for-the-economy/



http://www.democraticunderground.com/125150459

Obamacare will reduce the deficit, considering the latest projections of what it will really cost, almost double what was promised, that is BS.

 Health care costs for young Americans won’t skyrocket, yeah premiums will fall by 3000%  :whatever: Considering the government is forcing insurance companies to pay for hangnails now, how in the hell will premiums not skyrocket?

Millions of jobs will be created. Bullshit.

It will be cheaper for employers to provide health care, bullshit again.

Only a DUmmy can believe that forcing insurance companies to pay out the nose will make it cheaper for the consumer.
Then again they still believe that shovel ready jobs exist.  :banghead:
I may not lock my doors while sitting at a red light and a black man is near, but I sure as hell grab on tight to my wallet when any democrats are close by.

Offline Ballygrl

  • Lipstick Renegade
  • Hero Member
  • *****
  • Posts: 14934
  • Reputation: +983/-120
We can't say it enough, this tax will effect 75% of people making under $250,000 ie the middle class, yeah, they're going to be so happy!
Quote
"The nation that couldn’t be conquered by foreign enemies has been conquered by its elected officials" odawg Free Republic in reference to the GOP Elites who are no difference than the Democrats

Offline DefiantSix

  • Set Condition One throughout the ship
  • Hero Member
  • *****
  • Posts: 17420
  • Reputation: +1715/-189
  • Captain, IKV Defiant
That there is a "divide by zero" -worthy level of stupidity.  A giant, whirling, intelligence-sucking vortex of stupid.

"Stand your ground. Don't fire unless fired upon, but if they mean to have a war, let it begin here."
-- Capt. John Parker

"I'm not looking for forgiveness, and I'm way past asking permission"
-- Capt. Steve Rogers

"In this present crisis, government in not the solution to our problem, government IS the problem."
-- Ronaldus Magnus

Offline Carl

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 19740
  • Reputation: +1489/-100
Quote
1) Obamacare will reduce the deficit. The Congressional Budget Office estimated in 2011 that Obamacare will reduce the federal deficit by $210 billion over the next decade. The law is expected to save about $1 trillion over its second decade, according to other CBO analyses. The CBO found that repealing the law, as Republicans attempted to do in 2011, would increase the deficit by $230 billion over the next 10 years.

The CBO scored this as such because that Congress said it will cut 500 billion from Medicare,they were dubious but followed what they were told to do.

No one in their right minds believe that will happen.

Offline Dblhaul

  • Hero Member
  • *****
  • Posts: 1091
  • Reputation: +257/-11
Tx4obama (19,474 posts)

 
"Four Reasons Why The Court’s Decision To Uphold Obamacare Is Good News For The Economy"



The stupid is strong in this one!

Offline Vagabond

  • Hero Member
  • *****
  • Posts: 2478
  • Reputation: +166/-52
1.)  Even if this were true, and when does a government program ever meet or come in at or below expected cost, $230B is a drop in the bucket  when they same government projects deficits totalling more then $10T over those same ten years.  This point is moot and wrong.

2.)  Plans could have been created to cover only emergency care items, which would have had a greater overall effect at reducing costs.  Does anyone know how much money chiropracters, podiatrists, and acupuncturists have paid in lobby cash over the years to ensure that insurance companies pay for their services too?

3.)  Millions of jobs created?  Where in a government agency that will require billions more in additional deficit spending?

4.)  The one point that is partially correct.  Employers will enjoy cheaper healthcare costs.  They'll simply dump their employees healthcare and either pay the fine or pay the bribe for a waiver.
There comes a time when even good men must run up the black flag of anarchy and slit throats. - H.L. Mencken

Offline Karin

  • Hero Member
  • *****
  • Posts: 17545
  • Reputation: +1630/-80
OK, I read No. 3 and my head exploded.  Where the hell do they come up with this stuff?  200,000 manufacturing jobs?  How?  You can't build a factory anywhere in these United States, for fear of squashing a beetle. 

These stupid articles and "studies."  They just say whatever they want and pretend it's fact.  Thinkprogress is one of the worst in doing this. 

Offline Kyle Ricky

  • Hero Member
  • *****
  • Posts: 7596
  • Reputation: +614/-1086
$210 million? The deficit needs to be reduced by $15 trillion. $210 billion is a joke. With how much the government likes to spend, they will spend the money in another way anyhow.