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View Diary: CBO director: Obamacare won't kill jobs, it'll create them (104 comments)

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  •  Here is how wrong (10+ / 0-)

    When you put $10 in a lower SES person pocket, that money will likely get spent on necessities.  Put enough $10s and a job will be created somewhere.  This is shown by the cut in SNAP.  Walmart is already acknowledging is have a significant effect on sales.  This, for those who don't know, means people are being fired or hours are being cut back.

    Contrast this will the republican view that requires a million dollars to be put in a few peoples pocket.  This will allow capital to build more walmarts, more shopping centers, more yachts.  This, at a limit, only makes sense when the economy is at full utilization and those resources are going to be used.  Right now, for example, most walmarts that are being built in my area are taking customers from other near by walmart, walmarts that are already underutilized.  Same this for other stores.  It is unclear that there is value.  And while investing $100 million in a startup does create 10 high quality jobs, and is critical for long term growth, it is not clear that will help those people without jobs in the next year.

    The ACA is set to be the best of all worlds.  People with access to capital can now become entrepreneurs without fear of health issues.  Wage slaves who are working for health insurance may be able to look for more suitable work or stop working.  This may be the case for may parents in dual income families, something conservatives should support.  Firm who want to get rid of older workers, which appears to be major issue, may now find it easier to do so legal ways through buy outs and the like.

    •  Bad maths (0+ / 0-)

      So since I now have to work 28 hrs at one job, then work another 16 hours at another and focus on my studies, this helps me and others like me how? I don't have daddy money bags to support my wife and I so how again is this beneficial?

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