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Thread: Private sector sheds 39,000 jobs in September

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    Nice spin but you are not talking about half your profit margin
    No one is really facing half their profit margin. It just isn't happening. While I allowed your hypothethical, bon't for a second actually believe anyone is facing that.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    No one is really facing half their profit margin. It just isn't happening. While I allowed your hypothethical, bon't for a second actually believe anyone is facing that.
    It most certainly could. Many small business do not offer health insurance now they will be forced to. Obamacare will cause huge rises in rates. As I said mine is going up well over $100 a month

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    It most certainly could. Many small business do not offer health insurance now they will be forced to. Obamacare will cause huge rises in rates. As I said mine is going up well over $100 a month
    I could win the lottery, but I wouldn't count it as I haven't even bought a ticket. You have to demonstrat some actually reason to believe it could. But had we been open with less hyperbolic scare tactics, we'd have more duely considered the [public option. As I have said, if we were really concerned about business, we'd have sought to remove them from the equation, like with a system in which business didn't provide it. Say, a government run program?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    I could win the lottery, but I wouldn't count it as I haven't even bought a ticket. You have to demonstrat some actually reason to believe it could. But had we been open with less hyperbolic scare tactics, we'd have more duely considered the [public option. As I have said, if we were really concerned about business, we'd have sought to remove them from the equation, like with a system in which business didn't provide it. Say, a government run program?
    so you know this will hurt business and are still trying to defend Obama?

    Insurance Regulators Approve Increases Based on Obamacare*|*OpenMarket.org

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    so you know this will hurt business and are still trying to defend Obama?

    Insurance Regulators Approve Increases Based on Obamacare*|*OpenMarket.org
    Who was to blame when the up them before reform? I start my job paying $105 a month for a family plan. Two years ago it went up $205 a month (less coverage btw). Did Obama care do that?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    Who was to blame when the up them before reform? I start my job paying $105 a month for a family plan. Two years ago it went up $205 a month (less coverage btw). Did Obama care do that?
    Does not matter Obamacare was supposed to keep payments low now you want to say he is not to blame.

    ObamaCare Causes Insurance Premium Hikes | FreedomWorks

    Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1% and 9% to pay for extra benefits required under the [ObamaCare] law, according to filings with state regulators. These and other insurers say Congress's landmark refashioning of U.S. health coverage is causing them to pass on more costs to consumers than Democrats predicted… Many carriers also are seeking additional rate increases that they say they need to cover rising medical costs. As a result, some consumers could face total premium increases of more than 20%.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    Does not matter Obamacare was supposed to keep payments low now you want to say he is not to blame.

    ObamaCare Causes Insurance Premium Hikes | FreedomWorks

    Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1% and 9% to pay for extra benefits required under the [ObamaCare] law, according to filings with state regulators. These and other insurers say Congress's landmark refashioning of U.S. health coverage is causing them to pass on more costs to consumers than Democrats predicted… Many carriers also are seeking additional rate increases that they say they need to cover rising medical costs. As a result, some consumers could face total premium increases of more than 20%.
    It does matter. it shows that insurance companies look for reasons to up the rate and they have no problem getting them approved. They raised rates a ton without Obama care. And will always raise rates. That is the problem with this system. Profit based means they win when they take in more than they put out. And the more they take in on top of that, the more they win. Not demonizing here, just noting the nature of the business. It would be bad business not to take advantage where they can.

    As mind doubled before Obama care, 20% doesn't scare me that much.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    It does matter. it shows that insurance companies look for reasons to up the rate and they have no problem getting them approved. They raised rates a ton without Obama care. And will always raise rates. That is the problem with this system. Profit based means they win when they take in more than they put out. And the more they take in on top of that, the more they win. Not demonizing here, just noting the nature of the business. It would be bad business not to take advantage where they can.

    As mind doubled before Obama care, 20% doesn't scare me that much.
    You need to face reality this plan is hurting us.

    Boeing is no small company and it is hurting them.

    Citing health care law, Boeing pares employee plan - Yahoo! News

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    You need to face reality this plan is hurting us.

    Boeing is no small company and it is hurting them.

    Citing health care law, Boeing pares employee plan - Yahoo! News
    It wasn't hurting them before? Like I keep saying, the only real way for it not to hurt them is to remove it from employment. We're not willing to do that. A public option would have been better. But again, we made sure that didn't happen. So, we have something less. But let's not pretend this wasn't happening before.

    Also, one has to ask, with more people paying premiums, exactly why does an insurance company have to increase? They can claim any reason, bit logically, if more people have insurance, more paying premiums, does it really follow that it is costing them more?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    It wasn't hurting them before? Like I keep saying, the only real way for it not to hurt them is to remove it from employment. We're not willing to do that. A public option would have been better. But again, we made sure that didn't happen. So, we have something less. But let's not pretend this wasn't happening before.

    Also, one has to ask, with more people paying premiums, exactly why does an insurance company have to increase? They can claim any reason, bit logically, if more people have insurance, more paying premiums, does it really follow that it is costing them more?
    The employment problem and economy will be hurt by Obamacare. I guess medical is more important than shelter and food

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