reply to post by Alienmojo
The number of Americans without health insurance will exceed 50 million by next summer.
Friday's employment news was just what the country needed to hear before a pre-holiday shopping weekend - a loss of over a half-million jobs in the
prior month, driving the unemployment rate up to 6.7%.
It's actually worse than that. Due to the vagaries of Federal statistical collection and reporting, the unemployment rate appears to undercount the
unemployed. Here's how the NYTimes' David Leonhardt and Catherine Rampell put it:
The number of people out of the labor force — meaning that they were neither working nor looking for work and that the government did not consider
them unemployed [emphasis added] — jumped by 637,000 last month, the Labor Department said. The number of part-time workers who said they wanted
full-time work — all counted as fully employed — rose by an additional 621,000."
The number of people working part time also looks to be growing, as the average work week has shrunk to just over 33 hours. (Not mine, I now work 55
hours and get paid for 40).
One of the many unpleasant implications of losing a job is losing health insurance. Sure, there's COBRA, wherein a newly-unemployed can keep
insurance for a year and a half to three years if they pay the monthly premium plus an admin fee. To do that, a family will pay about $1100 a month, a
huge chunk out of whatever severance and unemployment compensation the breadwinner(s) are due. For those that still have a job, they still have to get
enough hours to qualify for health insurance; the declining hours worked per week stats indicate fewer and fewer Americans will meet that test, and
therefore will lose their coverage.
Historically, a one percent rise in the unemployment rate adds about 1.1 million individuals to Medicaid and SCHIP rolls, and another million to the
ranks of the uninsured.
Since December, the US has lost 1.9 million jobs and the jobless rate has jumped from 5 percent to 6.7 percent, increasing the rolls of the uninsured
by 1.7 million. (Not all of those workers had insurance through their employers, and some will end up qualifying for Medicaid and their dependents may
qualify for S-CHIP coverage in some states). Adding those unfortunates to the 45.7 million + without coverage in 2007 gives us a total of about 47.4
Yet our Senators and Congress leaders (and their wives/husbands) have hefty health care "packages"..............you don't care, you will if you
have one medical "issue" and have to sign your house over to pay for a 60,000 surgery.
Why does nobody care that the people who work for us namely our Senators and Congress Leaders get all the free high quality health care. Aren't
these jokers suppose to be "public servants" ie: working for us, not vice versa?????
AIG and all the major banks have "folded".............I bet the CEO's of those companies walked off with millions of dollars and are not being
prosecuted...........you try walking off with a couple thousand and see how fast in jail you land.
Millions upon millions of Americans with no jobs and no propect of getting a job now.
Yet, we have millions upon millions of "not Americans" that are working within our borders and companies being allowed to "outsource" another
fancy term for setting up shop in a foreign country (where labor is cheap and people still live in grass huts and have to carry their daily water
supply 3 miles).
Folks, we're in the mess we are in because of the way most people in America voted a little over eight years ago.
Republicans = Corporate (company) rule vs people ruling.
If you don't believe that last statement, just look around you at the financial situation we are in.
We were lied to about the war in Iraq and that is costing us a bundle. All that money on war (now google the companies that have profitted from this
war/many are connected with GWB).
The trickle down theory does not work and people still don't care that someone like Beyonce who does nothing more than sing and jiggle is worth is
315 million dollars and yet the person who is really doing the work in America barely makes enough to live on.
People have been brainwashed into being compliant when it comes to all the injustices going on.
I don't personally feel sorry for anyone in a bad financial situation now that voted for George W. Bush.
The guy's campaign was funded by many major corporations (when someone hands you millions of dollars where do you think your allegiance is going to
lie). Not with the common man that's where.
We are in the mess we are in now because when corporations are not supervised they get greedy.
My last statement is a proven fact. Look at all the "outsourcing" being allowed.
Outsourcing means your company is allowed to shut down in the city where you live and moves to India or China and hires people there to do the job at
half the cost. Now you or your daughter or your son or husband is without a job.
Meanwhile the CEO's and board members make a ton of profit, can buy summer homes in Hawaii and have all the health care and steak they want.
We are in the mess we are in because people voted for a moron president a little over eight years ago.
We are in the mess we are in because actors are allowed to make and accumulate hundreds of millions of dollars for "singing, dancing and playing
pretend on a movie screen". How insane is that?
We as a society will pay someone millions of dollars because they "look nice" but the people really doing the work in America barely earn enough to
feed their kids.
We have voted in people who have allowed the large corporations to *uck over us royally.
If companies aren't allowed to "outsource" off American shores (taking American jobs away) then these large corporations are allowed to hire
foreigners at minimum wage taking more jobs aways from American born citizens who pay taxes.
AIG & major bank bail outs.....................now come on don't tell me the CEO's of these major companies didn't know what was going on.
I do financial statements for large corporations and folks if I am off by a dime .10 I hear about it.
You better believe some of the top "bankers" walked off with billions of dollars and who is going to "bail them out"........the common man that
works from 9-5. This is robbery taken to the max and yet the American People aren't taking to the streets and protesting having to bail out these
The American People have become lazy and compliant and allowed the large corporations to screw over them.
The trickle down theory is a fairy tale.
[edit on 11-2-2009 by ofhumandescent]