Uncategorized

Dean Baker skewers latest attack on Affordable Care Act

Dean BakerIf you don’t follow economist Dean Baker on Twitter or the blogosphere, you should. This week, Baker has, among other things, dissected the bombs being lobbed at the Affordable Care Act because of the finding that it might lead to lowering of employment numbers.

As Baker notes here:

“Apparently a lot of media folks have made such a habit of repeating Republican talking points that they can’t see what is right in front of their eyes. The Republicans are touting the fact that the Congressional Budget Office (CBO) expects the Affordable Care Act (ACA) to reduce the number of people working.

Guess what? This was one of the motivations for the ACA. It is a feature, not a bug.There are a lot of people who would prefer not to work and would not work if they had some other way to get health care insurance. Imagine a 62 year-old with diabetes and other health conditions. No insurer will touch this person. If they can get insurance at all they are looking at a bill that will certainly run well over $10k a year. If this person has a job that provides insurance they will keep it until they qualify for Medicare no matter how much of a struggle it is to go to work each day.

Now with the ACA this person will be able to buy insurance at the same price as anyone else in the age 55-64 age group. If they can get by on their Social Security and prior savings then they may well decide to retire early. They may also qualify for a subsidy in the exchanges. Is this an awful story? You be the judge.”

Check Also

Burr and Tillis stick to their irresponsible, NRA-funded lines in aftermath of Florida high school massacre

Raleigh’s News & Observer reports this morning that ...

Top Stories from NCPW

  • News
  • Commentary

Students, faculty and staff at UNC continue protest the Chapel Hill campus’ Confederate monument, “S [...]

On a sultry day last September, Megan Stilley arrived at Lanier Farms, a large swine operation in ru [...]

When North Carolina lawmakers approved what one Republican described as a “historic” investment in r [...]

Lawmakers late last week released two new versions of a judicial redistricting bill, making these th [...]

The General Assembly’s latest mashup legislation is an example of government at its worst In the com [...]

The post Tied up in knots appeared first on NC Policy Watch. [...]

Every day brings new reports that Congress is interested in further whittling away at the programs c [...]

When Congress finally passed a continuing resolution last month allowing the government to re-open, [...]

Upcoming Events

Friday, Feb. 16

12:00 PM

Crucial Conversation – Prof. Peter Edelman discusses his new book, Not a Crime to be Poor: The Criminalization of Poverty in America

Prof. Edelman is coming to the Triangle to mark the 50th anniversary of Durham-based nonprofit MDC. His visit is the first of a series of MDC-sponsored events focused on ways that Southern leaders can work together to create an Infrastructure of Opportunity that shapes a South where all people thrive.”