Re: The PPACA Thread Part III - Let's have a healthy debate!
That's a backhanded way of saying Medicaid rolls at record highs, eh?
That's a backhanded way of saying Medicaid rolls at record highs, eh?
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The PPACA Thread Part III - Let's have a healthy debate!
- Thread starter joecct
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St. Clown
Liberal Rebel Scum, apparently
Re: The PPACA Thread Part III - Let's have a healthy debate!
Also, students who hold part-time jobs count in the labor force statistics. They move the data. If they didn't count, then the BLS wouldn't be able to calculate participation and unemployment rates like they do.
It doesn't matter that they're not making a career out of their high school jobs. Those entry-level positions are often seen as character building jobs for when you're trying to get your first career position later in life. If I'm the hiring manager, and I see you have no work experience while your competition does, and all else being equal, I'm likely going to hire the competition. If I see two college grads from the same school, with similar academic information and the same majors, I'm likely to hire the person who worked his/her way through college than the one who lived off of student loans or mommy's and daddy's wallets. I was even asked how many hours I worked each week when interviewing for jobs fresh out of college. They liked hearing that my hours were around 20/week during school and more than 40 during summer breaks. It shows resolve and commitment.
Also, students who hold part-time jobs count in the labor force statistics. They move the data. If they didn't count, then the BLS wouldn't be able to calculate participation and unemployment rates like they do.
Re: The PPACA Thread Part III - Let's have a healthy debate!
Serious question and only asking since i really have not yet received an answer that makes much sense to me. Every thursday i watch on CNBC as they announce the weekly unemployment claims. As i understand it, these are new people filing for unemployment. For as many years as i can remember, this number is always somewhere below or above the 300,000 mark. Assuming there are 4 weeks per month, we are looking at a total of 1,200,000 new claims per month.
The first friday of each month, they announce the new jobs report which includes the number of new jobs created for the entire month (previous to the current month). They get all excited when this number rises as it did this month to a total of 270,000. Now my question and I ask it in all seriousness as I do nto understand the mathematics involved. If we are seeing 1.2 million new unemployed in a month (filing new claims) and 279, new jobs created (and this seems to be just about every month), how is that the unemployment rate can drop given those two numbers. Should we not be seeing 5 times as many newly unemployed per month versus the new jobs created??? What am I missing in this simple set of numbers?
Serious question and only asking since i really have not yet received an answer that makes much sense to me. Every thursday i watch on CNBC as they announce the weekly unemployment claims. As i understand it, these are new people filing for unemployment. For as many years as i can remember, this number is always somewhere below or above the 300,000 mark. Assuming there are 4 weeks per month, we are looking at a total of 1,200,000 new claims per month.
The first friday of each month, they announce the new jobs report which includes the number of new jobs created for the entire month (previous to the current month). They get all excited when this number rises as it did this month to a total of 270,000. Now my question and I ask it in all seriousness as I do nto understand the mathematics involved. If we are seeing 1.2 million new unemployed in a month (filing new claims) and 279, new jobs created (and this seems to be just about every month), how is that the unemployment rate can drop given those two numbers. Should we not be seeing 5 times as many newly unemployed per month versus the new jobs created??? What am I missing in this simple set of numbers?
Re: The PPACA Thread Part III - Let's have a healthy debate!
Unemployed doesn't necessarily mean the position was eliminated. Jobs created is new positions.
Unemployed doesn't necessarily mean the position was eliminated. Jobs created is new positions.
unofan
Well-known member
Not everyone on unemployment is due to jobs being cut. Lots and lots of people get fired and replaced. It's part of the normal churn, and is one reason why "full employment" is generally thought to be around 5% nationwide.
The jobs report is net new positions nationwide
Tl;dr - one is gross, the other is net.
Re: The PPACA Thread Part III - Let's have a healthy debate!
Appreciate the answers. Unfortunately I only took one economics class ever and all my expertise was sciences and math. I knew there had to be a simple way to explain it all.
Appreciate the answers. Unfortunately I only took one economics class ever and all my expertise was sciences and math. I knew there had to be a simple way to explain it all.
Re: The PPACA Thread Part III - Let's have a healthy debate!
Umm.....since part of the law was to expand Medicaid, that's a surprise because....
Are you able to sit down yet after what Roberts did to you?
That's a backhanded way of saying Medicaid rolls at record highs, eh?
Umm.....since part of the law was to expand Medicaid, that's a surprise because....
Are you able to sit down yet after what Roberts did to you?
ScoobyDoo
NPC
Re: The PPACA Thread Part III - Let's have a healthy debate!
This is the funniest article I've ever read. Kentucky votes to eliminate their AWESOME Obamacare Health Exchange that is by all reports better than everyone else's. And now their crying cause the guy they elected might actually get rid of it.
What a bunch of complete morons.
https://www.washingtonpost.com/nati...43a0ea-8492-11e5-8ba6-cec48b74b2a7_story.html
This is the funniest article I've ever read. Kentucky votes to eliminate their AWESOME Obamacare Health Exchange that is by all reports better than everyone else's. And now their crying cause the guy they elected might actually get rid of it.
What a bunch of complete morons.
https://www.washingtonpost.com/nati...43a0ea-8492-11e5-8ba6-cec48b74b2a7_story.html
Kepler
Si certus es dubita
Re: The PPACA Thread Part III - Let's have a healthy debate!
Darwin* writ large.
Even better is that by age and obesity the people most hurt will tend to be the type of mouthbreather who voted for the new Governor.
There is no herd immunity for stupidity. In fact, anything but.
(* except not really, because unfortunately they'll live long enough to reproduce, and they also tend to have bigger families -- c.f. Idiocracy).
Darwin* writ large.
Even better is that by age and obesity the people most hurt will tend to be the type of mouthbreather who voted for the new Governor.
There is no herd immunity for stupidity. In fact, anything but.
(* except not really, because unfortunately they'll live long enough to reproduce, and they also tend to have bigger families -- c.f. Idiocracy).
FlagDUDE08
Banned
Re: The PPACA Thread Part III - Let's have a healthy debate!
State exchanges are going bankrupt. Even in the vampire state. They're money pits. Makes sense to eliminate it from a standpoint of fiscal responsibility.
State exchanges are going bankrupt. Even in the vampire state. They're money pits. Makes sense to eliminate it from a standpoint of fiscal responsibility.
ScoobyDoo
NPC
Re: The PPACA Thread Part III - Let's have a healthy debate!
ROTFLMAO
Then let's all just let the poor die and be done with it.
ROTFLMAO
Then let's all just let the poor die and be done with it.
FlagDUDE08
Banned
Re: The PPACA Thread Part III - Let's have a healthy debate!
Or if you're going to have some stupid federal cookie cutter idea, make them fund it.
Or if you're going to have some stupid federal cookie cutter idea, make them fund it.
We're all going to die at some time or another. Rich and poor - it doesn't matter.
unofan
Well-known member
So only the rich should get healthcare. Got it.
mookie1995
there's a good buck in that racket.
Re: The PPACA Thread Part III - Let's have a healthy debate!
Co-pay healthcare is now a thing of the past.... Mookie company got 2016 options last week and the costs for people who suffer through corporate gigs Going to shock the hell outta folks.
As in "does anyone KNOW what their drugs actually cost"?
Co-pay healthcare is now a thing of the past.... Mookie company got 2016 options last week and the costs for people who suffer through corporate gigs Going to shock the hell outta folks.
As in "does anyone KNOW what their drugs actually cost"?
Re: The PPACA Thread Part III - Let's have a healthy debate!
right on target. we'll merely give the poor health insurance instead.
no one will notice that the poor will receive health insurance with high deductibles and high co-pays that has few doctors in network, with long waiting lists before you can see them, won't be worth much, since they will be too busy patting themselves on the back to care.
right on target. we'll merely give the poor health insurance instead.
no one will notice that the poor will receive health insurance with high deductibles and high co-pays that has few doctors in network, with long waiting lists before you can see them, won't be worth much, since they will be too busy patting themselves on the back to care.
unofan
Well-known member
So sayeth the proponent of health savings accounts as the solution to all of life's ills, as though people who can't already afford a deductible can afford to save up money to cover said deductible.
Re: The PPACA Thread Part III - Let's have a healthy debate!
FYP.
No one single plan will work for everyone. The states should be sole regulators of insurance, the feds cannot handle regional variations. They are just too arbitrary and heavy-handed. PPACA is full of disguised pork and contradictions. It is unworkable in its current form.
Community free clinics can be really effective in some cities. that doesn't mean they will work just as well in rural areas.
PS you also make the (typical, unfounded) assumptions that health savings accounts can only be funded by one's own money. I guess you conveniently forgot (again) the possibility of pre-paid healthcare debit cards, eh?
You should meet Daniel Kahneman sometime. I'm sure he'd love to include you in his next study of how willful blindness affects otherwise intelligent people.
FYP.
No one single plan will work for everyone. The states should be sole regulators of insurance, the feds cannot handle regional variations. They are just too arbitrary and heavy-handed. PPACA is full of disguised pork and contradictions. It is unworkable in its current form.
Community free clinics can be really effective in some cities. that doesn't mean they will work just as well in rural areas.
PS you also make the (typical, unfounded) assumptions that health savings accounts can only be funded by one's own money. I guess you conveniently forgot (again) the possibility of pre-paid healthcare debit cards, eh?
You should meet Daniel Kahneman sometime. I'm sure he'd love to include you in his next study of how willful blindness affects otherwise intelligent people.
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Re: The PPACA Thread Part III - Let's have a healthy debate!
I hope you're not implying they'd be funded by your employer. Mine has an FSA that went from a company contribution of $1,000, to $500 to $0 over the last 3 years for a family.
I hope you're not implying they'd be funded by your employer. Mine has an FSA that went from a company contribution of $1,000, to $500 to $0 over the last 3 years for a family.
Jimjamesak
Already insane, UAA making it worse
Re: The PPACA Thread Part III - Let's have a healthy debate!
I've said it once and I'll say it again, there are two solutions to health care in this country: 1. A socialized single payer system. Or 2. Repealing the law that forces hospitals to treat people even if they can't pay.
I've said it once and I'll say it again, there are two solutions to health care in this country: 1. A socialized single payer system. Or 2. Repealing the law that forces hospitals to treat people even if they can't pay.
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