[quote=briansd1]flu, does that mean that house prices will drop? If so I’m all for it.
If Obama’s policies are so bad, one should not buy a house for as long as he’s president. ;)[/quote]
Do you not get it yet Brian?
Unless you are claiming to be financially independent, it doesn’t matter how low home prices drop when there are no jobs.
IF this drives up considerable costs for employers, jobs will vanish. You (again, unless you claim to be financially independent) will be like most other working class people will face an even more competitive landscape, because companies will do everything to keep their profits intact as much as possible. That means getting rid of employees, expecting more from current employees, and or cutting benefits for existing employees.
The people that are going to get hurt are not those executive or rich folks (who arguably don’t even need insurance)… They are the decision makers, they are the ones that dictate where to hire/fire/move offices. It doesn’t matter what this bill is, they’ll find a way to keep their bottom line. The only thing that increasing costs will do is essentially make squeeze the upper middle class (which by all means are not “rich” or wealthy) and make them poor and essentially divide the have (rich) versus the have nots even more.
Large companies probably will have an easier time absorb this cost. I’m worried about the smaller/mid size companies that are above 50 employees. If you have seen my previous posts, I until now have not generally subscribed to the notion of job movement overseas as being a huge threat. However, I’m no longer so sure IF this is going to cost companies a bundle, this might just very well be the nail on the coffin. I’m already hearing rumblings for colleagues about this…If you need to build team X over the next 5 years, where is the best place to invest your time/resources and keep costs in line, given you have office location X, Y, Z, with the recent turn of events. Folks that I know in a position to hire/employ or have businesses are trying to make sense of all this, and being that they need to plan resources well in advance, don’t know what to do at this point.
My neighbor who is an executive at an unnamed large publically traded wireless company that is losing a lot of money has already voiced concerns about spiralling costs in the U.S. and that if increases costs, they will most likely proceed with plans to move all operations overseas, because they are losing a hell of a lot of money in their business right now when their peers are all profitable. Paraphrased, his division cannot afford to lose any more money, and they are already running on fumes have gone through several rounds of layoffs.
And WTF do you mean by if this drives down home prices, you’re fine this?…It’s complete hypocracy to have the position that “we” should be paying for more healthcare to help out the poor and at the same time on the other hand to be cheering for more unemployment if that is convenient for YOU so that people who previously could afford to live in a home can no longer afford it being unemployed, so long as it satisfy your selfish desire to see lower housing prices, at any means necessary. Like so much of the idealogy of helping people in need, I find a lot of the rhetoric is full of shit. Hopefully for you, you never have to deal with a major health issue, or never have to deal with unemployment for an extended period of time.
Anyway, I’m still trying to understand all the of the health bill and implications. I guess I’m looking it at a slightly different angle. I’m looking at it as companies would see it as expenditures and trying to figure out what co’s are going to do.
