What happened to all of the doom and gloom economic threads?

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Monday, July 22, 2013

Voters continue to give high marks to the health care they now receive but are more pessimistic than ever about the short-term future of the health care system in this country.

A new Rasmussen Reports national telephone survey finds that 24% of Likely U.S. Voters now expect the U.S. health care system to get better over the next couple of years. Sixty-one percent (61%) think that system will get worse. That’s up four points from a month ago and up 13 points since February.

http://www.rasmussenreports.com/public_content/politics/current_events/healthcare/health_care_law
 
from FNC:


Record number of Americans want to see Obamacare repealed

A record number of voters want the 2010 Affordable Care Act repealed entirely, while sizable majorities say they are worried about their health care under the new law and expect their medical costs will go up, according to a new Fox News poll.

The poll, released Wednesday, finds that 58 percent of voters favor repealing all (39 percent) or some (19 percent) of President Obama’s signature legislative achievement.

Another 19 percent would leave the law as is, while 17 percent would expand its coverage further.

The 39 percent who want to repeal the health care law entirely is a record high, up from 30 percent who felt that way in March 2013.

The differing views follow partisan lines: Most Republicans favor repealing all (65 percent) or parts of the health care law (18 percent), while most Democrats want to see the law expanded (31 percent) or kept in place as-is (30 percent).

A 62-percent majority of independents favors repealing at least some of the law.

Nearly three times as many voters say the health care law makes them feel more worried (66 percent) rather than reassured (23 percent).


http://poorrichardsnews.com/post/53982958476/record-number-of-americans-want-to-see-obamacare
 
Monday, July 22, 2013

Voters continue to give high marks to the health care they now receive but are more pessimistic than ever about the short-term future of the health care system in this country.

A new Rasmussen Reports national telephone survey finds that 24% of Likely U.S. Voters now expect the U.S. health care system to get better over the next couple of years. Sixty-one percent (61%) think that system will get worse. That’s up four points from a month ago and up 13 points since February.

http://www.rasmussenreports.com/public_content/politics/current_events/healthcare/health_care_law
Rasmussen?

And you think that I post crap?
 
what we need is for every American to be handed a free house, a car from GM, college must be free, 80' LED TV, and a $1,000 allowance for food.
 
Entertainment Lackeys Propagandize for ObamaCare


The entertainment industry that did so much to erode our country to the point that someone of Obama’s caliber could be elected president is becoming an appendage of the Obama regime. Watch the servile toadies line up to propagandize on behalf of his disastrous programs:


A group of Hollywood artists, actors, musicians, writers and producers met with President Barack Obama and top White House staff Monday to offer their help [mis]informing young people about the Affordable Care Act, also known as Obamacare.

Jennifer Hudson, Kal Penn, Amy Poehler, Michael Cera, Funny or Die’s Mike Farah, The Talk co-host Aisha Tyler, JASH and YouTube Comedy producer Daniel Kellison, Royal Pains creator Andrew Lenchewski, and singer Jason Derulo attended the meeting, according to administration officials. Also in attendance were representatives for Oprah Winfrey, Alicia Keys, Bon Jovi, NARAS, and The Latin Recording Academy.

Entertainment Advisory Council co-chairs Eric Ortner and singer-songwriter-producer Bruce Roberts along with Penn helped organize the gathering with senior advisor [and presumed teleprompter programmer] Valerie Jarrett, communications deputy David Simas and others.

It’s hard to believe the inept liar Jay Carney still has a job, considering all the competition.

Here’s some information for young people regarding ObamaCare the celebs won’t be disseminating:


Despite the administration’s controversial decision to delay forcing companies to join Obamacare for a year, three-quarters of small businesses are still making plans to duck the costly law by firing workers, reducing hours of full-time staff, or shift many to part-time, according to a sobering survey released by the U.S. Chamber of Commerce.

That means that if you are having a hard time finding suitable full-time employment, it might very well be due to ObamaCare.

But no doubt it would be more pleasant to listen to some plastic celebrity assuring everyone that Hopey Change is wonderful.


THIS PIECE OF SHIT SHOULD STFU UPhttp://moonbattery.com/jennifer-hudson.jpg
 
How Obamacare's 'privacy nightmare' database really works
By Stacy Cowley @StacyCowley July 23, 2013: 6:20 AM ET




NEW YORK (CNNMoney)

When shoppers apply for health insurance through the forthcoming state-based Obamacare exchanges, the online system will verify each applicant's information by pulling in data from more than half a dozen federal agencies ranging from the IRS to the Peace Corps. It will know who you are, how much money you make, and whether or not you're in the United States legally.

The prospect of one online system having access to so much personal information is making some watchdogs nervous. In a USA Today op-ed decrying the system as a "privacy nightmare," researchers Stephen Parente and Paul Howard penned these scary words: "This hub will achieve what has, until now, only appeared in pulp thrillers: a central database linking critical state and federal data on every U.S. citizen for real-time access."





The U.S. Department of Health and Human Services, the agency responsible for building the federal "data hub" underpinning the new network of state-based exchanges, says the reality is less Orwellian. For one thing, the system will only be able to access information on those who actually apply for health insurance coverage -- there's no vast database storing information on everyone who might be eligible.

In fact, there's no database at all. The data hub is designed to operate as a middleman, reaching out to seven different federal agencies to view information about those seeking coverage. Each of those agencies is responsible for maintaining and securing its own data -- and many of them already make this kind of information available to a wide variety of online systems.



For instance, the HHS hub will be using data from the Internal Revenue Service to confirm the income information that applicants submit. That sounds risky: Your tax information will be available online, where skilled hackers could theoretically get access to it. But guess what? It already is. The IRS currently provides access to tax-return information over the Internet to nearly 300 federal and state agencies.

Likewise, the Department of Homeland Security will be verifying the citizenship status of Obamacare applicants in real time with an existing online system called SAVE (Systematic Alien Verification for Entitlements).

A congressional subcommittee last week summoned officials from the IRS, HHS and other agencies to a hearing investigating the privacy and security implications of the systems they're building and leveraging to support Obamacare. Those systems will need to be operational less than three months from now, on October 1, when all 50 of the new state-based exchanges are scheduled to open for enrollment. (Coverage will kick in on Jan. 1, 2014.)





At the hearing, agency officials emphasized that the government routinely stores and shares personal information electronically, and has extensive safeguards in place. IRS official Daniel Werfel said in written testimony that all agencies with access to tax return data must comply with lengthy technical requirements for protecting tax filers' personal information.

Related story: New Yorkers to see 50% drop in health costs in Obamacare exchange

In response to a query from CNNMoney, HHS provided a list of the federal data sources its hub will be gathering, and from where:

• Internal Revenue Service: adjusted gross income, family size, filing status (married or single), calculation of any tax credits the applicant is eligible for to subsidize their health insurance premiums

• Social Security Administration: Social Security number validation, Social Security benefit payments, incarceration status

• Department of Homeland Security: verification of immigration status

• Department of Defense, Department of Veterans Affairs, Office of Personnel Management and Peace Corps: checks to see if the applicant is enrolled in health care programs run by these departments

Building this data hub isn't cheap: HHS is paying more than $55 million to Quality Software Services Inc. (a unit of United Healthcare), the contractor it hired to create the system. The project is on track to launch on time: A recent Government Accountability Office audit found that the data hub has hit its scheduled deadlines so far; HHS officials say they're confident they'll be ready to launch by October.

Critics say they'll be watching to see if this plays out as smoothly as the government promises it will.

Parente, a University of Minnesota finance professor who co-authored the USA Today op-ed, says he's somewhat reassured by the system's design -- most information will simply pass through, without being retained. But he remains wary about the information that will be stored -- particularly considering how long the information can be kept. Recent regulations call for the data to be stored for up to 10 years in some cases. Parente thinks that's excessive and he worries about the information being stolen or misused.

Rep. Patrick Meehan, a Republican from Pennsylvania, said he thinks the data trove could "place targets on every American who enters the exchange" and become a magnet for identity thieves.

"I have grave concerns about the ability to establish sufficient security in this massive, unprecedented network by October 1st, when our most secure networks are breached every day," he said at last week's hearing. To top of page
 
Obama policies are destroying us




Sorry, Mom and Dad: The Kids Aren't Moving Out Yet





Chief Economist at Trulia TRLA -1.73% takes a close look at the most important measure of the housing recovery: household formation. The latest population data show that young adults are still living with their parents — even if they have jobs.

During the recession, fewer households – one or more people living under the same roof – were created than normal. Typically, 1.1 million new households are added each year in the U.S., mostly due to population growth. However, from the first quarter of 2008 to the first quarter of 2011, only 450,000 new households were created annually. Slower household growth means less demand for homes, so annual construction starts dropped during this period from a norm of 1.4 million to below 600,000. Most recently, only 521,000 households were created between the first quarter of 2012 and the first quarter of 2013.

A big part of the slowdown in household formation was due to young people living with parents or doubling up with roommates rather than setting up house on their own. Since most kids won’t live with their parents forever, these young adults represent “pent-up demand” for housing that the recovery should unleash. Problem is: the kids aren’t moving out yet.

More Than Two Million Missing Households
While other measures of the housing recovery are chugging along – like foreclosures, prices, sales, and construction – household formation is lagging. Thanks to years of below-normal household formation, the number of “missing households” has accumulated. Our early analysis of the 2013 Current Population Survey data (see note below) shows that there are still 2.4 million missing households, stubbornly close to the high of 2.6 million in 2010 and 2011. That’s equivalent to more than two years of normal household formation that have gone missing:



Year

# of “missing” households, millions


2008

0.9


2009

1.8


2010

2.6


2011

2.6


2012

2.3


2013

2.4

Note: estimate takes into account changes in the age distribution of the population. See note at end of post.

Young Adults Aren’t Leaving the Nest Yet
The majority of the missing households are young people who aren’t heading up their own households. Instead, they’re living with their parents: the share of 18-34 year-olds living with their parents rose from around 27% before the crash to above 31%, where it remains in 2013. And when it comes to getting a Millennial to move out of their parents’ home, having a job matters a lot. Specifically, 44% of 18-34 year-olds without jobs live with their parents, versus 25% of 18-34 year-olds with jobs. But household formation isn’t ONLY about jobs. Even employed 18-34 year-olds are more likely to live with their parents in 2013 than before the recession:

Trulia_Chart_YoungAdultsLivingWithParents

Housing Recovery Depends on Household Formation
Household formation is the most important indicator of the housing recovery that ISN’T making great strides. Comparing where the number of missing households (2.4 million) is today with the worst point (2.6 million in 2010) of the recession, the number of missing households is down just 7%. The likelihood that young people live with their parents is just 8% back to normal (when comparing 31.3% in 2013 with the worst point – 31.6% in 2012 – and the 2000-2007 “normal” of 27.4%). Therefore, household formation is severely lagging behind the rest of the housing recovery. The other recovery measures we track monthly with the Trulia Housing Barometer are much further along: existing home sales are 82% back to normal, the delinquency + foreclosure rate is 57% back to normal, and even construction starts are 43% back to normal. In contrast, household formation has barely begun to recover.

What will it take for household formation to bounce back? Jobs will help, but the job recovery for young people still has a long way to go. While more young adults are working now than a year ago, their employment rate is still much closer to the worst of the recession than to pre-recession levels. As late as mid-2008, 71% of adults ages 18-34 were employed. That dropped to a low of 65% in mid-2011 and has risen back only to 66.8%. But you don’t get a job one day and move out of Mom and Dad’s the next. It could still take years before young people have built up the savings and economic security to leave the nest.

The good news is that when young adults do move out, we’ll see a surge in demand for homes, especially for rentals. For the number of missing households to decline, the rate of household formation would have to rise above the normal 1.1 million that reflects typical population growth (just as job growth has to be higher than the growth in the labor force in order to bring the unemployment rate down). But clearly that surge hasn’t come yet.



The very long explanatory note:
This analysis is based on the Current Population Survey (CPS) March Annual Social and Economic Supplement (ASEC) from 2000 to 2012 and the CPS basic monthly files from March 2012 and March 2013. Both the Bureau of Labor Statistics (BLS) monthly unemployment rate and the Census quarterly homeownership report are based on the CPS data. We used the 2000-2012 CPS ASEC files from the Integrated Public Use Microdata Series (Miriam King, Steven Ruggles, J. Trent Alexander, Sarah Flood, Katie Genadek, Matthew B. Schroeder, Brandon Trampe, and Rebecca Vick. Integrated Public Use Microdata Series, Current Population Survey: Version 3.0. [Machine-readable database]. Minneapolis: University of Minnesota, 2010).

The 2013 CPS ASEC file has not been published yet. Our 2013 estimates are based on adding the difference between the 2012 and 2013 CPS basic monthly files for March, using final person weights, to the levels reported in the 2012 CPS ASEC. Because the basic monthly and ASEC files use different weights, it would not be appropriate to compare the 2012 ASEC using supplement weights directly to the 2013 basic monthly file using final person weights. Our approach gives a reasonable early estimate of what the 2013 ASEC will show when published.

We calculated “missing households” by multiplying, separately for each age cohort, (1) the difference in the age cohort’s “headship rate” (the percent of adults who are heads of household) between 2013 and the 2000-2007 average and (2) the estimated number of adults in that age cohort. Our calculation of missing households therefore takes into account the changing age distribution of the population, which is important because the population is aging and older people are more likely to head their own households than younger people are. Failing to make this age adjustment would understate the expected baseline growth in the headship rate and would therefore underestimate the number of missing households. The headship rate for all adults 18 and older, without making any adjustment for the age distribution, fell from 52.3% in 2003 to 51.2% in 2010 and then rose to 51.6% in 2013.

Household formation and headship rates derived from other data sources, like the American Community Survey (ACS) or the decennial Census, differ from those derived from the CPS. The disadvantage of the CPS is that it is based on a much smaller sample, but it is much more current than the ACS and decennial Census.
 
His policies are based on phony platitudes and unworkable coercion. Obama has a Third World mentality, like his mentors, like his dad. He doesn't understand freedom. He knows that liberty and equal opportunity isn't enough to sustain the freeloading segment of society, so he institutes government policies of wholesale theft of private property to placate them.

and his "Mother"
 
His policies are based on phony platitudes and unworkable coercion. Obama has a Third World mentality, like his mentors, like his dad. He doesn't understand freedom. He knows that liberty and equal opportunity isn't enough to sustain the freeloading segment of society, so he institutes government policies of wholesale theft of private property to placate them.


Taxation isn't theft. In fact if you read the Constitution it's constitutional. My suggestion for you is to read the Constitution.
 
Great name. He jacks off to each and every new government tyranny.


You love the Constitution, I get it. You just don't know what's in it other than the 2nd Amendment. Every time you read past that you hate what you see and retreat back to gunz.
 
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