Skip to comments.The Unsurprising Success of Subsidy
Posted on 02/16/2014 12:37:26 PM PST by Kaslin
Moving on from unfulfilling jobs, thanks to health-care law, was the gleeful headline across the story spoon-fed to the Washington Post by Families USA, a pro-Obamacare group that maintains a database of people who have benefitted from the so-called Affordable Care Act.
No doubt, thats a pretty easy list to maintain.
One person on the list is Polly Lower of Bourbon, Indiana. She quit her job and says, It was wonderful. Lower didnt want the job anymore, because she went from doing payroll, which she liked, to working on her bosss schedule, which she loathed.
Oh, the humanity! Take this job and . . .
Shes hardly alone, though. The Congressional Budget Office (CBO) recently released their analysis declaring that many Americans would do as Polly Lower has done and quit their jobs or reduce their hours in direct response to the new benefits being bestowed by the O Administration on those making as much as 4 times the poverty rate.
How many Americans are we talking about? Well, the CBO did their estimate, compiling both folks likely to leave the workforce altogether and those apt to lessen their hours or their income, and determined that this magic statistic equals 2.5 million full-time jobs lost over the next decade.
But this is all good, saith the Obama folks actually a selling point for the new healthcare law. Perhaps Mrs. Lower is a fitting face on the new government posters for lower productivity.
Of course, lets not pretend that income and economic productivity is everything. No one has a duty to work more than they choose to or to labor in any occupation they choose not to pursue. Smart folks, like our Founders, knew that it is actually happiness, not mere wealth, we ought pursue.
Someone may want to stay home with kids or grandkids, instead of working. Maybe you have all the money you need and just want to sit home and do crossword puzzles. Ive known many people to retire early from much more lucrative jobs to work for non-profit groups doing something they passionately believe in.
Thats Eddie Gonzales-Novoas story. He left a job in New York making $88,000 annually and moved to Houston, because he wanted to help a cancer-surviving relative start a website for others battling the disease. Now he makes very little in comparison, but has much more rewarding employment.
Well, if people can afford not to work or to make less in order to do what they want, good for them! Great for them!
But . . . if you pay taxes (anyone?), it might not be so good for you. Under the Affordable Care Act, both Eddie and Polly are getting their health insurance subsidized by the taxpayers.
Gonzalez-Novoas job change is extremely easy to sympathize with, a move you might be willing to pull out your checkbook to support even. But why should the taxpayers be forced to pay his bill? Might not a few of these taxpayers have similar dreams of their own to finance?
Should our individual dreams depend on Washington, or on us?
Polly Lowers dream appears to be not working. And she not only didnt like her job, she was actually financially better off without it so she can receive even more in Obamacare subsidies. (He sure is a generous fellow.)
Mrs. Lower told the Washington Post that she has adjusted well to not having a job.
But while those receiving the Obamacare subsidies are feeling peachy-keen, the Post offered no report at all on how well taxpayers are adjusting to continuing to have to work full-time both to earn their own way in this world and also to pay these new subsidies to others who have to opted to slack off.
It’s a sad state of affairs when we have to actually make an argument that taking money from one person who earned it and handing it over to another who didn’t earn it is a bad thing.
In reality, Obama has made it a statistical certainty that a large new segment of the population is permanently out of a job. Instead of his party being punished for incompetence and moral turpitude, they may be rewarded at the polls for their sensitivity and generosity.
I hope the real America is only hibernating.
Exactly. The problem with subsidies is that they are always paid with money stolen from other people.
What happens when everybody quits to follow their dream?
Who is John Galt?
If this is true, why do we give pensions. What is the point in having pensions grow as people work longer. It just serves to produce golden handcuffs and force people to work jobs longer than they would normally. We should stop rewarding longevity.
I call BS these guys probably quit before the beginning of the year or are not eligible for a subsidy because they made too much money in 2013.