Friday, February 7, 2014

Losing Jobs

ObamaCare is in the news once more and it has just gotten worse and worse for President Obama and his administration. This could lead to the economy to go down and the stock market to keep heading down over the next few months. Jobs might be going up but it does not mean that employees will get everything they want from their employers.

            According to several reports from economical experts, the ObamaCare health care law could cost America almost two million full time jobs in the end. You might ask, what would a health care law have to do with jobs? The answer is that health insurance cost a lot! Even before the ObamaCare law went into effect health insurance costs cost companies millions a year to give their employees full health care coverage. With premiums being at the highest rate ever more companies are not hiring full time employees or will downgrade their own employees to part time instead. This is the result of the raising health insurances prices.

            Companies who once gave their full time employees health insurance have decided that the financial hit for them paying for all of that has gotten too high. This could lead to drastic changes in our own economy and could lead to another mini depression. Job growth will go down and welfare for the unemployed will go up and it will just get worse from here. Health insurance policies have either doubled or tripled under President Obama’s health care. This just shows that this will never work. No matter how much money we do put into this issue it will never become good enough to help out America.

            I think we need to abandon this plan (even though it won’t happen under Obama). Instead of having other people pay for others health insurance why doesn’t the United States fund a law that makes college for students more affordable or even free. If we can educate people better and get these people well paid jobs they would be able to afford the health insurance that they can’t afford now. I have said this before, this is a socialist idea that can never work. It is said to say we are a country made for middle and higher class. But over the past decade America has turned into a place where a person is either rich or very poor. The middle class is disappearing and that is who President Obama is expecting to pay for these other people’s health insurance plans who are in the lower class of America.


            I don’t know how the democrats have gone on with this plan for universal health care for so long. What good has it done? We can’t even get the website running let alone the entire plan as a whole. This country’s economy needs to stabilize before we do anything drastic and this is the thing that could sink America again and is hurting the credibility of the United States of America. 

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