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Friday, February 12, 2016
Bernie Sanders' Single-Payer Health Plan Could Reduce Employment by 11.6 Million Jobs
The [Congressional Budget Office], for instance, has come to the conclusion that the Affordable Care Act’s [aka, "ObamaCare's"] combination of taxes, tax credits, and mandates will reduce full-time equivalent employment (one full-time equivalent employee works 40 hours per week; two part-time workers equal one full-time equivalent) by about 2 million in 2025 [nine years from now].
As it turns out, the ACA’s many taxes are relatively insignificant compared with those in the Sanders plan. Applying the CBO’s approach and assumptions, along with tax data from the National Bureau of Economic Research, to the Sanders plan indicates that the campaign’s assumed taxes would reduce employment by 4.9 million full-time equivalent workers in 2025. Not an insignificant number.
Of course, some of drop in employment might be considered “voluntary.” Some would stop working because they no longer needed to be employed to receive health insurance — escaping "job lock," as House Minority Leader Nancy Pelosi once put it. But others would simply find it meaningless to put in extra hours or look for more lucrative positions when so much of their earnings get sucked away as taxes.
For employers, this would all mean a large increase in hiring costs, too. Sure, as Sanders’ campaign likes to remind us, employers would no longer pay for private health insurance. But economists also recognize that health insurance is a form of compensation. And if you cut health insurance (with or without raising taxes), wages must in turn go up.
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"After Abortion,...run by Emily Peterson and Annie Banno, two women who had abortions in the 1970s, ...tries to avoid the political tug-of-war that tends to come with this turf. They concentrate instead on discussing the troubling personal effects of abortion on the mothers." ~ Eric Scheske, Godspy contributing editor, in NC Register's "Signs of Life in the Blogosphere", 2/2006
"Godbloggers could, in the best of worlds, become the new apologists...[including] laymen with day jobs: Emily Peterson and Annie Banno, for instance, at the blog After Abortion..."~ Jonathan V. Last, The Weekly Standard online editor, in First Things's "God on the Internet", 12/2005
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George & Linda Zallie, Stacy's parents, "assisting women who made the difficult choice of ending their pregnancy in finding nonjudgmental help" for suicidal feelings.
For immediate help, call tollfree, 24 hours a day, 7 days a week: national, confidential, post-abortion-recovery hotlines: 1-877-HOPE-4-ME or 1-866-482-5433 or 1-800-5WE-CARE ...more help below...
"I would now like to say a special word to women who have had an abortion...[many are] aware of the many factors which may have influenced your decision, and [do] not doubt that it was a painful and even shattering decision. The wound in your heart may not yet have healed. Certainly what happened was and remains terribly wrong. But do not give in to discouragement and do not lose hope. Try rather to understand what happened and face it honestly. If you have not already done so, give yourselves over with humility and trust to repentance. The Father of mercies is ready to give you his forgiveness and his peace...You will come to understand that nothing is definitively lost and you will also be able to ask forgiveness from your child..."
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