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applegrove

(118,642 posts)
Thu Oct 10, 2013, 06:53 PM Oct 2013

Hey doesn't Obamacare raise wages in the marketplace? Because

are no longer locked into jobs (because someone in their family might have a pre-existing condition)? So people can go for better jobs? So corporations will have to compete for the best people? Why would corporations want to face a more competitive labour market? Another way government intervention helps markets.

Because moving from job to job is one way successful people can make sure they are getting paid what they are actually worth. Less profit for a corporations.

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Hey doesn't Obamacare raise wages in the marketplace? Because (Original Post) applegrove Oct 2013 OP
It would help if they fixed the issue that helped make things the way they are PoliticAverse Oct 2013 #1
There is a rash of early retirements set for January/February 2014 in my office. Out of 34 people kelly1mm Oct 2013 #2

PoliticAverse

(26,366 posts)
1. It would help if they fixed the issue that helped make things the way they are
Thu Oct 10, 2013, 06:59 PM
Oct 2013

and allowed you to deduct health insurance premiums you pay from your gross income
to equalize the fact that employers can give you health insurance without any tax liability
to you.

kelly1mm

(4,733 posts)
2. There is a rash of early retirements set for January/February 2014 in my office. Out of 34 people
Thu Oct 10, 2013, 08:50 PM
Oct 2013

working there, 4 of us in our 40's will be leaving and 3 of the people in their 50's will be leaving. My wife will finish out the school year so she will work till June. All of the people I have talked to about our pending retirements say it is mainly due to ACA. One important aspect of the ACA is that it eliminates asset caps for Medicaid (for those states opting in) and there are no asset limits for subsidies. It is relatively easy to determine your own AGI in order to get the subsides/medicaid status you want. (basically income 'bunching', ie taking out say 80k in year 1 and get no subsidy and then take out 17k per year in years 2-? till you run out and get Medicaid (at 132% of FPL) or get a 95%+ subsidy at (134% of FPL)

There may be MANY more people than you would believe that have just been working for health care benefits. That should open up some positions and possibly lead to higher wages.

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