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Obamacare: Economic Boon?
TIME ^ | February 13, 2014 | by Joe Klein

Posted on 02/13/2014 7:47:08 AM PST by Oldeconomybuyer

Duncan Black makes an argument that liberals haven’t emphasized nearly enough about the Affordable Care Act: that it could well be a shot in the arm for the economy.

It is, in truth, a conservative argument–a freedom argument. I’ve always loved the logic of it. There are thousands, maybe tens of thousands, of people with clever ideas for starting businesses who are trapped in their current jobs because of the need to provide health insurance for their families. These are the potential Wright brothers, the middle managers who see a better, more efficient way to process a product, the tinkerers who come up with a new valve, the designers who come up with a snazzzy new pattern.

(Excerpt) Read more at swampland.time.com ...


TOPICS: Constitution/Conservatism; Editorial; News/Current Events; Politics/Elections
KEYWORDS: journalism; obamacare; rinocare; socialism
Idiot Klein spewing the 'job lock' talking points. Amazing how the left organizes to spin epic failure so quickly. They literally make up a new word or phrase to paint the pig.
1 posted on 02/13/2014 7:47:08 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

Ah yeah... it’s just Joe Klein.

Next.


2 posted on 02/13/2014 7:49:35 AM PST by ScottinVA (Obama is so far in over his head, even his ears are beneath the water level.)
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To: Oldeconomybuyer

Words fail me . . .


3 posted on 02/13/2014 7:49:44 AM PST by Charlemagne on the Fox
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To: Oldeconomybuyer

Free the Entrepreneurs with More Socialism!

Well, it’s extremely creative use of Pretzel Logic, I’ll give them that.


4 posted on 02/13/2014 7:50:17 AM PST by Buckeye McFrog
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To: Oldeconomybuyer

Obamacare is a job killer and they know it. The thing is, they literally consider it an “Honor Killing” for the greater good of their religion of liberalism.


5 posted on 02/13/2014 7:51:18 AM PST by BigDaddyTX (Don't Mex with Texas)
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To: Oldeconomybuyer
People who stay under a certain income to get gov aid are not the people who go out and become entrepreneurs.

Why? So they can make more money and lose the subsidies they're getting?

If putting people on gov. assistance sparked economic booms, why are we in a sluggish recovery now

6 posted on 02/13/2014 7:56:38 AM PST by LMAO (Insurgent conservative)
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To: Oldeconomybuyer
It is, in truth, a conservative argument–a freedom argument. I’ve always loved the logic of it. There are thousands, maybe tens of thousands, of people with clever ideas for starting businesses who are trapped in their current jobs because of the need to provide health insurance for their families. These are the potential Wright brothers, the middle managers who see a better, more efficient way to process a product, the tinkerers who come up with a new valve, the designers who come up with a snazzzy new pattern.

The fly in the ointment of this argument is that before Obamacare, people were entirely free to quit their jobs and start businesses. They'd either use COBRA from their employer or buy insurance from an insurance company or through an insurance broker.

The main difference now with Obamacare is that the insurance will cost much more money, and that's less money to put into the new business. Anyone who actually believes this scenario is looking at Obamacare through rose-colored glasses that are so deeply tinted that it's impossible to see the cliff that they are walking over.

7 posted on 02/13/2014 7:56:50 AM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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Comment #8 Removed by Moderator

Comment #9 Removed by Moderator

To: Thom Pain

It’s about time to get rid of TIME.

Who are their major sponsors? Boycott them for hiring idiots like Joe Klein.


10 posted on 02/13/2014 8:02:30 AM PST by EQAndyBuzz (Insurgent Conservative)
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To: Common Sense 101

Very well said!


11 posted on 02/13/2014 8:19:47 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

“The problem is, there is no way to anticipate or calculate the number of jobs that will be created by newly liberated entrepreneurs-”

How about looking at that great entrepreneurial and artistic development engine of the past 50 years called “Medicaid”. /sarc


12 posted on 02/13/2014 8:20:17 AM PST by Patron92
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To: Oldeconomybuyer

Progressive logic on parade. And they are actually proud of their idiocy and flaunt it. God help America!


13 posted on 02/13/2014 8:26:18 AM PST by polymuser
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To: Oldeconomybuyer

This article is so moronic it almost defies comment. People aren’t “trapped in their jobs” because they need health insurance, they WORK to provide food, shelter and clothing.


14 posted on 02/13/2014 8:28:12 AM PST by anoldafvet (If you think the government is capable of taking care of you, just look at the indian tribes)
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To: Oldeconomybuyer

My first thought as I read this was that I hadn’t seen anything this stupid since I stopped reading Joe Klein.


15 posted on 02/13/2014 8:36:42 AM PST by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: anoldafvet

Do these people continue this argument with a straight face? You have to reduce your income by $800 to get $100 in increased subsidies. Do the libs think that people only work to get health benefits? How out of touch are they?


16 posted on 02/13/2014 8:41:02 AM PST by bigred44
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To: Patron92
The people on welfare and unemployment should be inventing new products and opening new businesses at a record rate.
17 posted on 02/13/2014 8:41:39 AM PST by peeps36 (I'm Not A Racist, I Hate Douchebags of All Colors)
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To: bigred44

Apparently libs think health insurance is the “Holy Grail” of benefits.


18 posted on 02/13/2014 8:46:17 AM PST by anoldafvet (If you think the government is capable of taking care of you, just look at the indian tribes)
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To: Oldeconomybuyer

Demented nutbar.


19 posted on 02/13/2014 8:48:06 AM PST by skeeter
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To: Oldeconomybuyer

Im thinking of opening a lemonade stand


20 posted on 02/13/2014 8:50:58 AM PST by woofie
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To: Oldeconomybuyer

Yeah, right. Just look at how the entrepreneural spirit has flourished among those on the welfare roles over the years.


21 posted on 02/13/2014 8:55:20 AM PST by GreenHornet
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To: Oldeconomybuyer

Yeah, because families who suddenly lose a Grand per month from their budget are more apt to increase their spending.

New Think.


22 posted on 02/13/2014 8:57:15 AM PST by lurk
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To: Oldeconomybuyer

Hey stupid; no tax can be a shot in the arm to the depressed US economy. Obama wants more taxes only to take more money OUT OF THE ECONOMY, making matters worse at each turn.


23 posted on 02/13/2014 9:08:10 AM PST by Rapscallion (Had enough? Let me know.)
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To: Oldeconomybuyer

If anybody understands the economy and entrepeneurship it’s liberals. They’re savants that way.


24 posted on 02/13/2014 10:02:26 AM PST by Hardastarboard (The question of our age is whether a majority of Americans can and will vote us all into slavery.)
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To: Oldeconomybuyer

ROTFLOL! No wonder TIME magazine is only six pages thick now and found only on the free subscription rack in dentist offices.


25 posted on 02/13/2014 1:54:58 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Pollster1

Well played!


26 posted on 02/13/2014 4:25:00 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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