Skip to main content

One of the least appreciated and most logically inevitable side-affects of Obamacare is apparently hitting the radar fast and furious.  This is from a top o' the page story in Marketwatch titled HEALTHCARE REFORM MAY BE HELPING OLDER WORKERS RETIRE:

Last month the number of employed workers who were at least 55-years old fell by 133,000, the largest drop in half a year, according to U.S. Labor Department data. Trends also show a slowdown: Over the first quarter of the year, there was an average monthly gain of 86,000 employed older workers, down sharply from a peak of almost 300,000 two years earlier.
Grumpy old man giving thumbs down.
"Why don't you take this job and
shove it up your ass sonny!"
As liberal economists have expected people are saying"I quit" now that they can get affordable healthcare cheap or for free.  Note that if you quit your job to take a part-time job you might actually like or live off of investments your income will certainly drop a lot and so you can take advantage of either large subsidies or even Medicaid.   A 57 year old roofer who has literally been breaking his back for decades putting his kids through school might like to live on his wife's salary if he knows that his spinal fusion operation will be paid for.   One of our favorite and most accurate economists,  lent this opinion:
“It is possible that the [Affordable Care Act] is allowing many of these workers to retire early now that they can get health care insurance outside of employment,” said Dean Baker, co-director of the Center for Economic and Policy Research.

It will be a few years before the ACA’s full labor-market impact is seen, he added.

“I think a drop in employment of 2% among older workers is certainly plausible,” Baker said. “We’ll see something among younger workers as well, primarily parents of small children.”/blockquote>    

"I want my ACA!"
See, real traditional family values,  a mom or reinvented dad staying home with the little kids will be buttressed by the ACA.   Proving once again that the real Party of Family Values is the Democratic Party.

Originally posted to Reinvented Daddy on Fri Apr 04, 2014 at 07:32 PM PDT.

Also republished by Obamacare Saves Lives.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Pat K California, Angie in WA State, buffalo soldier, Trix, fcvaguy, filkertom, Phoenix Woman, True North, decisivemoment, Gooserock, NYmom, Emerson, karlpk, dengre, Yoshimi, Shockwave, CleverNickName, cotterperson, GayHillbilly, mslat27, celdd, Matilda, exNYinTX, Gareth, Creosote, Eternal Hope, bara, 88kathy, Babsnc, cyberKosFan, Wee Mama, whenwego, CoolOnion, boadicea, bwren, PeteZerria, fumie, splashy, Cedwyn, CoConut, dksbook, wader, revsue, SneakySnu, ammaloy, psnyder, NYC Sophia, elmo, duncanidaho, cosette, defluxion10, Court Jester, Timbuk3, just us, walkshills, outragedinSF, Diana in NoVa, econlibVA, zerelda, ybruti, Sembtex, tomjones, Steven D, Josiah Bartlett, Sybil Liberty, Frank Vyan Walton, oortdust, sb, historys mysteries, Bluesee, marina, radarlady, Tinfoil Hat, Ckntfld, CTPatriot, SherwoodB, chimene, irate, Militarytracy, Simplify, dewtx, snacksandpop, stagemom, Brooke In Seattle, skeptigal, reflectionsv37, bleeding blue, majcmb1, SaraBeth, Pam from Calif, Sun Tzu, Inland, Overseas, Little Lulu, markdd, kaliope, Ginny in CO, FindingMyVoice, dsteffen, peacestpete, Land of Enchantment, fhcec, noweasels, xaxnar, begone, Born in NOLA, third Party please, Nance, tarheelblue, myboo, Mr Bojangles, edwardssl, Themistoclea, Kimball Cross, Dvalkure, Naniboujou, NCJan, Bush Bites, katrinka, JVolvo, happy camper, middleagedhousewife, onionjim, BlueMississippi, rage, CA Nana, Clive all hat no horse Rodeo, Stripe, kurt, crystal eyes, Tom Anderson, bstotts, Temmoku, sea note, markthshark, Aaa T Tudeattack, The Knute, Ken in MN, bvljac, Cronesense, Habitat Vic, camlbacker, bigjacbigjacbigjac, puakev, karmsy, jeanette0605, daveygodigaditch, Matt Z, flumptytail, Uncle Moji, eOz, martyinsfo, TrueBlueMountaineer, SeaTurtle, Wreck Smurfy, Timmethy, janatallow, on the cusp, roycej, TomP, chicago minx, revm3up, misterwade, JeffW, TheFatLadySings, GAS, OleHippieChick, mamamedusa, Sixty Something, Aureas2, Involuntary Exile, dadadata, smrichmond, skohayes, Its any one guess, monkeybrainpolitics, Happy Days, Calamity Jean, TomFromNJ, pamelabrown, smartdemmg, triplepoint, vernonbc, Jeff Y, catly, petulans, Notreadytobenice, jjohnjj, Keninoakland, JamieG from Md, sydneyluv, toom, dzog, Diogenes2008, shortgirl, LaFeminista, maggiejean, BerkshireDem, Bule Betawi, Turn Left, J M F, pvasileff, bleuet, Satya1, emboyo, greengemini, bobatkinson, CanyonWren, Sarge in Seattle, Methinks They Lie, WakeUpNeo, mkor7, virginwoolf, prgsvmama26, zizi, Shelley99, Ibis Exilis, stevenwag, astral66, Words In Action, Lefty Ladig, Just Bob, hotdamn, smileycreek, mamamorgaine, Max Udargo, awcomeon, The Jester, piers, kjoftherock, CS11, Polly Syllabic, 2questions, ATFILLINOIS, Klaus, JoanMar, cordgrass, pixxer, Puddytat, DiegoUK, NYWheeler, Yasuragi, nirbama, Betty Pinson, swansong50, 13Friday, Oh Mary Oh, ParkingMeter, stevenaxelrod, tgrshark13, Onomastic, Maximilien Robespierre, kerflooey, spooks51, Catherine R, Bob Duck, slowbutsure, implicate order, La Gitane, Teknocore, asterkitty, Nicci August, Alice Olson, mrsgoo, marleycat, badscience, thomask, jk2003, BarackStarObama, rk2, abbotkinney, Grandma Susie, MRA NY, worldlotus, foresterbob, sound of progress, SoCalSal, NedSparks, caryltoo, AnnetteK, Sister Inspired Revolver of Freedom, anodnhajo, sow hat, Flying Goat, cwsmoke, TheLizardKing, We Won, IndieGuy, ahumbleopinion, orangecurtainlib, AnnieR, 2thanks, LittleSilver, jan4insight, Ana Thema, Arahahex, BusyinCA, bewareofme, MartyM, doroma, parakeet, doh1304, etherealfire, rat racer, ItsaMathJoke, dotdash2u, catchy, Robynhood too, greblos, Greenfinches, MarkW53, jusjtim35, Linda1961, remembrance, SanFernandoValleyMom, broths, weck, Yo Bubba, MemaW, Aunt Pat, howabout, Homer177, northerntier, GreenMother, Smoh, nice marmot, Patango, duhban, maregug, skepticalcitizen, DressageDonkey, TheDuckManCometh, Gardener in PA, RUNDOWN, cbgbz, eagleray, Elizaveta, Skyye, praesepe, hbk, happyshadow, AJayne, Cadillac64, AWilson, numble

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site