Thursday, February 6, 2014

Will Obamacare empower 2 million workers to quit?

David Lauter’s Los Angeles Times article, “Affordable Care Act will prompt some to work less, report says” presents opposing views from Republicans and Democrats on Obamacare’s future impact on the number of hours people work.  According to a report by the Congressional Budget Office, the reduction of work hours will begin in 2017.  The CBO explains that the requirements and availability of government subsidies will decrease the incentive to work more hours.  This projection caused controversy between supporters and non-supporters of the Affordable Care Act.  Republicans argue that reduced work hours will hurt the economy - especially the middle class.  Democrats took a more optimistic view on the matter, claiming that the impact will be fairly small and people will find it empowering to make personal choices about how they spend their time.  

This article presents information from an unbiased view and gives us a clear starting point from which to continue investigating the Affordable Care Act’s possible impact on our lives and the economy.  Many of us (especially millennials - myself included) have yet to form a firm opinion on Obamacare.  An objective look at both sides of a debate allows us the detached perspective necessary to consider the positive and negative aspects of this new bill and decide for ourselves what we think.  Imagine what life would be like if people worked less hours.  If most of us are living balanced, health-insured lives, would the complacency get to us eventually?  Would working less be such a bad thing?  Quantity doesn't always equate to quality...and the saying applies to both sides of the argument.  

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