Layoffs beginning, now that employers know Obamacare taxes won't be cancelled

[dogtowner]

how do you figure spending will go down?

its part of the package. but point taken that the sequestration cuts are of the usual lessen the increase kind.

 

[dogtowner]

If he and John Boehner do nothing, then taxes will go up and spending will go down.

so, what are the odds that they will do something, and that Congress will approve?

I see little or no reason for either side to address this in any sensible way. the donkeys are just looking to hammer the rich to keep that lowest bracket stable and its a fools agreement for the House to accept.

2013 is going to hurt. and Obama will own 100% of it.

 

[Hobo1]

I'm kinda thinking that the so called fiscal cliff may be exactly what the country needs. Cut spending, let the Bush tax cut expire... hey that's the medicine the country needs to reduce the deficit. Yea, it might be a hard landing at first, but the Congressional Budget Office says in couple of years the economy will significantly improve.

You can't ask for anything better than that.

 

[Johnny Tremain]

I'm kinda thinking that the so called fiscal cliff may be exactly what the country needs. Cut spending, let the Bush tax cut expire... hey that's the medicine the country needs to reduce the deficit. Yea, it might be a hard landing at first, but the Congressional Budget Office says in couple of years the economy will significantly improve.

You can't ask for anything better than that.

The reason we will go off the fiscal cliff is simple.
There is NO WAY to stop it as the government is now configured to do everything it has to do.
It is no longer a matter of choice--that storyline--is a RUSE.

When the collapse comes--all sorts of "emergency" maneuvers and trickery will be ram-rodded through.
It worked with Obamacare.
It is the classic case of the government taking over far more than it legally can--as an "emergency".
Like GM--the test-run.
It is the plan Obama had all along--all he needed was a second term to implement it.
They will all blame it on one another, blah blah blah.

We need the Tea Party to replace the Republican Party--and run with that.
Limited government--by force.
As written in the US Constitution.

 

[dogtowner]

I'm kinda thinking that the so called fiscal cliff may be exactly what the country needs. Cut spending, let the Bush tax cut expire... hey that's the medicine the country needs to reduce the deficit. Yea, it might be a hard landing at first, but the Congressional Budget Office says in couple of years the economy will significantly improve.

You can't ask for anything better than that.

yeah you certainly can ask but the answ4 will be "no".
please tell me you are not betting on CBO...

 

[Cruella]

yeah you certainly can ask but the answ4 will be "no".
please tell me you are not betting on CBO...

You can't trust anything coming out of this government. One of these days, people are just going to drop out of the game. I think CA will be the first to implode. They now have a super majority, so it shouldn't take much longer.

 

[Johnny Tremain]

You can't trust anything coming out of this government. One of these days, people are just going to drop out of the game. I think CA will be the first to implode. They now have a super majority, so it shouldn't take much longer.

Correct.
CA is the test-bed for the Brave New World.
Why I left there after decades.
Considered staying--but the handwriting was on the wall.
But--the nation is the problem--not any one state.
I do miss the warm winters though--shorts and T-shirts in January.

 

[Hobo1]

Well, it certainly be interesting to see what does happen. Revenue bills must still come out of the House, and the Republicans hold the House of Representatives.

Obama has never been very good at coming up with bi-partisan compromises. In fact, he is not too good at interacting with all of Congress. Remember, Obama had virtually nothing with developing ObamaCare. That was a bill that Congress literally pulled out of its arse just to get ANY bill passed. Yet now Obama has his name on it.

Perhaps we will be reading about the ObamaFiscalFall and he will be hanging from a branch

 

[Dawkinsrocks]

''Obama is no good at coming up with bipartisan compromises''

Decode - Obama won't cave in to every demand of the republicans who have an agree to nothing policy

How stupid do you have to be to buy this republican shit?

 

[Hobo1]

I suggest you research how ObamaCare could not get a super majority in the Senate, so the Senate leaders had to use a process called "reconciliation" (which is reserved for use with budget bills only), so the bill could finally pass. Call this illegal or unethical, it proves that Obama just does not have the talent for formulating bi-partisan bills.

Both parties agreed that the old health care system, where poor people simply do not pay their hospital bills, was wrong. So there was support for a bill that improved the whole system. You will notice that ObamaCare has no provisions for limiting malpractice suits by lawyers - because lawyers donate to Democrats.

I think most people would agree that the threat of malpractice suits drives up the cost of medical care in the US. A bipartisan compromise should have solved this problem. These are not Republican or Democratic issues, they are problems for the country. But Obama was not able to get a good bill pulled together that satisfied a consensus of Americans. Obama causes gridlock in Congress.

 

[Gipper]

Rather funny to see posters here failing to comprehend the REAL impact of Obamacare. It is as clear as the nose on your face, if you get out of the weeds. It will destroy jobs and harm the private sector significantly, if not irreparably, with its numerous regulations and taxes at a time when our economy is floundering. At the end of the day, it will not result in providing more health care to Americans...it likely results in LESS healthcare. But consequences be damned....its all about good intentions.

The big corps will move MORE jobs off-shore to avoid it or figure out a way around it by paying off regulators and politicians (More Cronyism), but small business will take it on the chin. Many will resort to using part timers and reducing employee count to under 50, not to avoid Obamacare as some here have claimed, but to continue as a VIABLE PROFITABLE BUSINESS. Are you so blind that you can't see this law makes American business EVEN MORE NONCOMPETITIVE???

The country is bankrupt NOW...and this huge new law will only make things worse.

Spengler is right....but apparently many Americans are living in a dream world...

• Nicholas Eberstadt of the American Enterprise Institute summarized his new book A Nation of Takers: America's Entitlement Epidemic in these bullet points:
• Entitlement outlays, after controlling for both inflation and population growth, grew by over 700% in 50 years. By 2010, the average per capita burden of entitlements for every man, woman and child was about $7,200 apiece, or nearly $29,000 for a notional family of four.
• In 1960, one dollar of every three taken in by the federal government was devoted to entitlements and two dollars were designated for governance. By 2010, this had reversed to one dollar for governance and two for entitlements.
• About half of Americans live in a household that receives one or more transfer payments.
• Almost half of American children are in households that receive one or more.
• About 18% of all personal income received in the United States is through government transfer payments.
• Almost 12 million working-age Americans in 2010 were receiving one or more disability entitlement payments though entitlement programs, which is one for every 11.3 people of the same age with a job.
• Around 35% of Americans in 2011 lived in households that got one or more means-tested benefits, which is about twice as high as the rate in the early 1980s.
  
  That's why the budget deficit continues to run in excess of a trillion dollars a year. The American economy can't survive with just 58% of the working-age population employed (compared to 63% before the crisis).

A second term for Barack Obama promises more of the same: more dependency, more entitlement spending, more federal debt, and more dependency on foreign lenders - until the rest of the world wearies of American fecklessness and finds a better use for its money. Can America reverse the damage? Probably, if it acts now. More of the same is a prescription for a catastrophic spiral into national decline.

 

[Hobo1]

Rather funny to see posters here failing to comprehend the REAL impact of Obamacare. It is as clear as the nose on your face, if you get out of the weeds. It will destroy jobs and harm the private sector significantly, if not irreparably, with its numerous regulations and taxes at a time when our economy is floundering. At the end of the day, it will not result in providing more health care to Americans...it likely results in LESS healthcare. But consequences be damned....its all about good intentions.

The big corps will move MORE jobs off-shore to avoid it or figure out a way around it by paying off regulators and politicians (More Cronyism), but small business will take it on the chin. Many will resort to using part timers and reducing employee count to under 50, not to avoid Obamacare as some here have claimed, but to continue as a VIABLE PROFITABLE BUSINESS. Are you so blind that you can't see this law makes American business EVEN MORE NONCOMPETITIVE???

The country is bankrupt NOW...and this huge new law will only make things worse.

Spengler is right....but apparently many Americans are living in a dream world...

That is not a secret to Repubicans. We just got finished with a long and painful presidential campaign where the Republican candidate made the same points you are making. Do you really think the implications of ObamaCare are not understood by regular posters here? There must have been 50 threads that dealt with the subject.

 

[Gipper]

That is not a secret to Repubicans. We just got finished with a long and painful presidential campaign where the Republican candidate made the same points you are making. Do you really think the implications of ObamaCare are not understood by regular posters here? There must have been 50 threads that dealt with the subject.

There are a few posters (you not included) in THIS thread who are critical of business for trying to avoid the damaging affects of Obamacare. Some are discussing the lack of taxes on business in Obamacare (head in the weeds)....which completely misses the point. The point is the law is a job killer at a time when our economy is tanking, it makes American business even more noncompetitive, it IS VERY COSTLY for American business, and the growing debt will bankrupt the nation. Its crazy!!!

This is a bit old, but it outlines the horrendous nature of Obamacare.

 

[Cruella]

If Obamacare doesn't kill businesses, the Unions will
Hostess closing Seattle bakery; 110 workers affected

The maker of Twinkies, Ding Dongs and Wonder Bread said Monday that the strike has prevented it from producing and delivering products, and it is closing bakeries in Seattle, St. Louis and Cincinnati. The facilities employ 627 workers.

I hope they move to a union free state and set up shop

 

[Phoenix68]

Layoffs beginning, now that employers know Obamacare taxes won't be cancelled​

Employee wages are by far the largest expense in most businesses. Employers know it, accept it, and are willing to do it to get the help they need to get the work done and sell products to get the money to pay them. And if you take money away from a business, for good or bad reasons, they will have less to pay their employees and run the business. Pretty simple math.

No doubt will will soon hear the usual screams from liberal fanatics excoriating them for not just picking more money off the money tree we all know they have. The notion that a business is a money balancing act, is foreign to them. If it gets unbalanced, it must be re-balanced, and pretty fast, to avoid collapse.

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12-Year Anniversary of the Affordable Care Act
March 23, 2022
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Biden-Harris Administration Celebrates the Affordable Care Act’s 13th Anniversary / Highlights Record-Breaking Coverage
March 23, 2023
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