Posted on 07/16/2013 8:07:56 AM PDT by Hojczyk
Applying our labor supply estimates directly to this population, we predict a decline in employment of between 530,000 and 940,000 in response to this group of individuals being made newly eligible for free or heavily subsidized health insurance. This would represent a decline in the aggregate employment rate of between 0.3 and 0.6 percentage points from this single component of the ACA.
The researchers arrive at these numbers by examining the labor market impact of Tennessee’s 2005 decision to discontinue its expansion of TennCare, the state’s Medicaid system. They found that the TennCare disenrollment caused “a large and immediate labor supply increase” as folks who lost coverage starting looking for work. More:
Indeed, we find a similarly large increase in private health insurance following the disenrollment, suggesting that public health insurance had been “crowding out” private health insurance When we explore the dynamic effects of the disenrollment, we find an immediate increase in job search behavior and a steady rise in both employment and health insurance coverage. The pattern of changes in labor supply and the crowdout behavior suggest that disenrollees entered the labor market and gained employment in order to procure health insurance. This finding is consistent with both.
And Obamacare would cause the reverse effect, pushing those getting subsidized coverage to leave the labor force. The result is especially worrisome for the health of working America if you combine it with Obamacare’s possible nudge toward more part-time workers in place of full-time workers.
(Excerpt) Read more at aei-ideas.org ...
Mission Accomplished.
by design
Yep. The congress needs to not fund this big mess.
Right-THAT’S been the plan all along!
Cloward meet Piven
That’s been the plan all along.
It’s all about margin.
Remember the Reagan Revolution was a change in MARGINAL rates, meaning it encouraged that “extra effort”.
This raises the bar the opposite way, makes “less effort” worth more bennies.
nobama reads headlines like this and just smiles. And maybe has an orgasm.
What is this “could” stuff?...I would posit that this effect, perhaps even more, has already occurred.
We'll simply replace them at their jobs by some of the 30 million new low skilled, uneducated "immigrants" who will work for peanuts. It's the kind of deal where everybody wins!
the notion that people start looking for work when they lose insurance from some govt entity is fine and good. It makes no sense whatsoever that people looking for work somehow leads to jobs. It certainly will be the case with Ocare since theres plenty of empirical evidence it has retarded hiring but people searching for jobs does not foster job growth.
Besides comparing the labor market of the 1990’s to that of today is not quite appropriate and i’m being kind.
Every new parasite adds another Democrat vote.
“Exactly what the RAT party wanted.”
Maybe, but the ‘Stupid Party’ was mighty complicit in this as well. In fact, since the Roberts’ decision, I heven’t seen a whole lot of pushback from th Pubbies either. Too busy pushing amnesty I guess.
Obama has already put that many people out of work and onto welfare, called extended unemployment and food stamps. Everyone who is working two jobs to scrape by when one job used to get them ahead can thank Obama. Obamacare is the straw that breaks the camels back, and the vultures on the left can’t wait for it to happen.
Pass it to see what’s in it. When Pelosi said that and the retards still voted for obama, it proves they have no idea what’s going on.
This is all designed to brink the country down. obama, and all who pull his strings, no you can’t tax someone who’s not working.
With this monstrosity you can not be middle income and survive it. You either need to be rich or you need to cut your income back to poverty level so that you don’t have to pay for it. If you do have to pay for it(or the fine in a few years) then it can take you from getting by to being so poor that you can’t possibly pay your bills.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.