“local man” not so local after all.
I posted this earlier:
http://freerepublic.com/focus/news/3075263/posts?page=14#14
This is going to be thoroughly entertaining to watch.
Economics 101; A lesson for democrats/progressives.
The realization by 0bama zombies and their sycophants that economics is NOT about math, but a reflection of human nature and self interest.
This Zerocare experiment will leave them scratching their heads as their supporters choose to pay the penalty/tax since it is substantially less expensive than paying for someone else.
As the young idealists that are fundamentally selfish tout this train-wreck they themselves will act in their own interest.
I expect that very soon we will see ads from everyday people that are excited to pay for something they dont want or need.
The next phase of propagandacare will be an attempt to guilt the young into signing up.
Cue Sally Struthers, and the sad sad stories.
For the price of just one Starbucks coffee a day, you can provide care for this sad desperate crack addicted high school dropout single mother from a broken home of another sad desperate crack addicted high school dropout single mother from a broken home
Able-bodied people who don't feel like working are already covered by Medicaid. Obamacare lowers rates for working people who can't get big company insurance, either because they're part-timers or contractors. At Trader Joe's, the big company health plan for part-timers actually costs more for the employees than Obamacare for the same terms:
Trader Joes is one employer known for offering generous health care benefits, even for part-timers (until now). But even those workers could end up better off under Obamacare. In an internal email published by the Washington Post, a Trader Joes exec provided some calculations for a part-time employee who earns about $24,000 per year and has been paying about $167 per month as her share of a Trader Joes policy similar to a silver plan under the ACA. If she enrolls in Obamacare, the subsidized cost would fall to about $70 per month for nearly identical coverage. And thats before a $500 annual stipend Trader Joes plan to offer part-timers to help them pay for insurance.
For companies like Trader Joe's, it costs more to provide health insurance than the premiums paid by its employees for the company health plan. What it is doing here is pushing that expense off to the Federal government. This is why Obamacare is a budget buster, not because TJ's part-time employees are worse off (which they are not), but because the huge expense of covering the rest of the insurance premium (that was previously paid by TJ) will fall on the federal budget.