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This is the WORST RECOVERY EVER

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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Wed 20 Feb 2013, 19:32:24

from the same article:

A spokesman for Orlando-based Darden Restaurants said Tuesday its limited-coverage plans will "go away after this year," as well.

"We'd like to have the option to continue offering them, since they are popular with our part-time employees, but the ACA doesn't offer that type of flexibility," spokesman Rich Jeffers said. "There is still a lot we don't know about the new health-care regulations for 2014, but we are committed to helping all of our employees navigate through the new environment as we learn more."

Walt Disney World has about 1,400 part-time employees enrolled in limited plans. A spokeswoman for the resort would say only that Disney is "still assessing the health-care reform act and how it impacts our business."

"They have not talked to us about it yet," added Eric Clinton, president of Unite Here! Local 362, which represents some of Disney's part-time employees.

SeaWorld Orlando, too, offers some limited-benefit plans to part-time and seasonal workers. The company said it is "currently assessing options."

Other large businesses nationwide have also been paring back benefits for part-time workers. Two years ago, for instance, Wal-Mart Stores stopped offering health coverage to new part-time employees who work less than 24 hours a week on average. Last year, the world's largest retailer raised that threshold to 30 hours a week.

------------------------------------------------------

Yipppeee!!! Obamacare is wiping out private healthcare plans for part-time workers! Hooo-RAY!


AND since many of the "jobs" being created in the Obama WORST RECOVERY EVER are now part-time, workers are getting doubly screwed over thanks to Obama----all they can get now is A PART TIME JOB WITH NO BENEFITS---

THANKS OBAMA!! for the WORST RECOVERY EVER!!
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Re: This is the WORST RECOVERY EVER

Postby kublikhan » Wed 20 Feb 2013, 19:43:37

$this->bbcode_second_pass_quote('Plantagenet', 'f')rom the same article:

A spokesman for Orlando-based Darden Restaurants said Tuesday its limited-coverage plans will "go away after this year," as well.

"We'd like to have the option to continue offering them, since they are popular with our part-time employees, but the ACA doesn't offer that type of flexibility,"
...

SeaWorld Orlando, too, offers some limited-benefit plans to part-time and seasonal workers. The company said it is "currently assessing options."
This says nothing about the employer picking up part of the tab for the insurance, only that they "offer" insurance. Yeah, great. I've also had employers "offer" me the opportunity to pay 100% of the costs of various insurance and/or retirement plans as well.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Wed 20 Feb 2013, 19:57:06

Its pretty clear that Obamacare is causing US employers to stop offerring healthcare plans for their part-time employees.

The supporters of Obamacare originally said it wouldn't cause any private health care plans to be terminated. Obviously they were wrong.

Thanks to Obamacare, PART TIME WORK with NO BENEFITS is now the "new normal" in the WORST RECOVERY EVER. 8)
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Re: This is the WORST RECOVERY EVER

Postby Lore » Wed 20 Feb 2013, 20:44:59

Only 16% of US employers offer insurance to their part time workers. That number has now decreased since Walmart had decided to ditch their program back in 2011 for any new hires.
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Re: This is the WORST RECOVERY EVER

Postby kublikhan » Wed 20 Feb 2013, 20:51:40

$this->bbcode_second_pass_quote('Plantagenet', 'G')osh-a-roonies Kubli----do you imagine those part-time workers are all going to organise themselves into somekind of an association and negotiate a similar group health deal for themselves to the one Universal Orlando is ending now that Obamacare has killed off their existing healthcare plan?

I don't think so.
I hope not. That plan sucked big time.

$this->bbcode_second_pass_quote('Plantagenet', 'T')HANKS OBAMA!! for the WORST RECOVERY EVER!!
So you are back to blaiming Obama eh? Weren't you just talking about how the main issues were peakoil, high oil prices, etc?

$this->bbcode_second_pass_quote('Plantagenet', 'I')ts pretty clear that Obamacare is causing US employers to stop offerring healthcare plans for their part-time employees.

The supporters of Obamacare originally said it wouldn't cause any private health care plans to be terminated. Obviously they were wrong.

Thanks to Obamacare, PART TIME WORK with NO BENEFITS is now the "new normal" in the WORST RECOVERY EVER.
This is not some unintended consequence of the Affordable Care Act. This particular type of health care plan was explicitly banned by the Affordable Care Act.
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Re: This is the WORST RECOVERY EVER

Postby kublikhan » Wed 20 Feb 2013, 20:53:36

BTW, I'm curious. Why the continual harping on Obama? I mean it's not like he's going to be reelected for a 3rd term so I think you are safe there. Unless....

$this->bbcode_second_pass_quote('', 'I')t’s a Republican’s nightmare: A third term for President Barack Obama. That would be possible under legislation being pushed by a Democratic congressman. U.S. Rep. Jose Serrano, D-N.Y., is sponsoring a resolution that would repeal the 22nd Amendment, which sets a two term limit for the office of president.

the idea has its supporters, including Senate Majority Leader Harry Reid and former House Majority Leader Steny Hoyer, who have both sponsored similar legislation in the past. Former President Bill Clinton also backs the proposal, saying presidents should be allowed to serve a third, non-consecutive term.

"The 22nd Amendment is an insult to American voters who are wise and well-informed"

"In thinking about it more and more, I have come to the conclusion that the 22nd Amendment was a mistake"
A third term for President Barack Obama? It could happen

A third term for Obama? And you probably thought you would be rid of him after 2. Now you are in real trouble planty.
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Re: This is the WORST RECOVERY EVER

Postby kublikhan » Wed 20 Feb 2013, 21:21:29

More bad news Planty. Even anti-obamacare Rick Scott has jumped on the Obamacare band wagon. It seems like there is no place left in this country to hide from the tyranny of Obama.

$this->bbcode_second_pass_quote('', 'F')lorida Governor Rick Scott, a Republican, said he supports expanding Medicaid under President Barack Obama’s health-care overhaul while the federal government pays the full cost, reversing a previous position.
Scott, 60, said at a news conference today in Tallahassee that he will ask the state legislature to back the expansion under Obama’s Patient Protection and Affordable Care Act. After the U.S. Supreme Court upheld the law in June, Scott said he wouldn’t expand Medicaid, and then after the November presidential election said he was open to it. Scott joins six other Republican governors who have agreed to expand Medicaid, the federal-state health plan for the poor.

Scott started his political career by opposing Obama’s health law with a Tea Party group, Conservatives for Patients Rights.

An estimated 3.35 million of Florida’s 19.1 million residents receive Medicaid this year, according to the state legislature’s Office of Economic and Democratic Research. An expansion under the federal law would increase that by 1.28 million during the next 10 years, according to a November 2012 report from the Kaiser Commission on Medicaid and the Uninsured, a non-profit group that researches health care.
Florida’s Scott Backs Obama Medicaid Expansion in Reversal
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Wed 20 Feb 2013, 21:28:06

$this->bbcode_second_pass_quote('Lore', 'O')nly 16% of US employers offer insurance to their part time workers.


Obamacare will make quick work of ending that.

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Too bad, 18% of part-time librarians. Obama is going to kill off whatever inadequate healthcare benefits you've had. Bwaaa ha hahahaha :roll:
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Re: This is the WORST RECOVERY EVER

Postby ralfy » Wed 20 Feb 2013, 23:45:45

$this->bbcode_second_pass_quote('Plantagenet', '
')
Yup. Thats exactly right.

.. there has never been global economic recovery with oil prices above $100 over barrel. That is shorthand for the idea that oil is the primary lubricant of economic growth and that it is not just the amount of oil one has to burn but also the quality, or net energy, of the oil that matters.

If we want to understand why all of the tried-and-true monetary and fiscal efforts have failed, we have to appreciate the headwinds that are offered by both a condition of too-much-debt and expensive energy. Neither alone can account for the economic malaise that stalks the world.
--Chris Martenson

Yup. Thats just my point. Peak Oil and high energy prices are the fundamental problem and that is disrupting GDP growth, resulting in the WORST RECOVERY EVER.

High energy prices mean the economy can't grow. A lack of growth means we can't service the debt. In the EU they are trying to shrink their debt by austerity. Here in the USA the folks in DC decided to deal with our debts by borrowing more money to pay the interest on the debt. Once you have to borrow more money to pay the interest on the money you've already borrowed, you are doomed---and thats where Obama has now taken the USA with his 6 TRILLION bucks in new debt and the WORST RECOVERY EVER. 8)


This is the part you need to understand:

The second paragraph is important, especially the last sentence: "Neither alone can account for the economic malaise that stalks the world."

The last sentence of your post refers only to one of those predicaments.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Thu 21 Feb 2013, 01:56:01

$this->bbcode_second_pass_quote('ralfy', '
')The second paragraph is important, especially the last sentence: "Neither alone can account for the economic malaise that stalks the world."

The last sentence of your post refers only to one of those predicaments.


Thats because I think the effect of peak oil on the global economy is more important than that of debt.

Image
IMHO, high energy prices caused the "Great Recession" and high prices are responsible for the WORST RECOVERY EVER.
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Re: This is the WORST RECOVERY EVER

Postby Beery1 » Thu 21 Feb 2013, 06:59:12

Plantagenet's problem, in terms of this website, is that his contributions here aren't focused on peak oil. They're focused on Barack Obama. This is why he is generally regarded as a loon - because in general all he does is post off topic rants that promote his narrow political ideology. I don't think anything he's ever posted actually furthers the discussion of peak oil. All he does is post messages saying "Obama's the problem". But even if that were true, so what? It's not as if Obama's going anywhere.

In short, Plantagenet is a distraction. He's as bad as the cornucopian trolls who pop up from time to time, but unlike them he's here all the time.

Heck, I don't particularly like Obama either, but at least I'm not obsessed with him. If I were, I'd go to a forum that specializes in anti-Obama rants - there must be plenty of them about - rather than waste my time (and everyone else's) by posting on a site that has nothing to do with the guy who's currently in the Oval Office.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Thu 21 Feb 2013, 13:54:13

$this->bbcode_second_pass_quote('Beery1', '.'). Barack Obama.... "Obama's the problem".... Obama... Obama... I'm not obsessed with him... anti-Obama ....


:roll:
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Re: This is the WORST RECOVERY EVER

Postby Quinny » Thu 21 Feb 2013, 16:46:05

As an outsider who thinks Dem's are marginally better than Repug's, Planty really annoys me because he is totally obsessed with Obama and his posts are so totally biased they really need to be dissected to find any sense,

Having said that if you strip the political bias from his posts I often find some insight in his posts. He just needs to realise his extreme Republican needs stripping from his posts because it detracts from his opinion.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Thu 21 Feb 2013, 17:12:04

$this->bbcode_second_pass_quote('Quinny', 'I') often find some insight in his posts.


Thank you. I often find some insight in your posts as well, after I strip the bias from them.

Indeed, that is true of the most of the people who post here. Everybody has got their own unique perspective and bias, but with a little patience you can occasionally find little kernels of wit and wisdom in amongst the bias and the bloviating.

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Re: This is the WORST RECOVERY EVER

Postby ralfy » Thu 21 Feb 2013, 17:15:29

$this->bbcode_second_pass_quote('Plantagenet', '
')
Thats because I think the effect of peak oil on the global economy is more important than that of debt.

Image
IMHO, high energy prices caused the "Great Recession" and high prices are responsible for the WORST RECOVERY EVER.


Actually, the last sentence of your post implies the opposite.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Thu 21 Feb 2013, 17:22:18

$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('Plantagenet', '
')
Thats because I think the effect of peak oil on the global economy is more important than that of debt.

Image
IMHO, high energy prices caused the "Great Recession" and high prices are responsible for the WORST RECOVERY EVER.


Actually, the last sentence of your post implies the opposite.


I'm not sure what you mean. I've just repeated my position, i.e. I think high energy prices caused by peak oil are responsible for the "Great Recession" and the WORST RECOVERY EVER we've been stuck in since 2009. I even posted a multi-colored diagram that illustrates the impact of PEAK CHEAP OIL on the economy.

What part of that isn't clear to you? :?:
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Re: This is the WORST RECOVERY EVER

Postby ralfy » Fri 22 Feb 2013, 01:35:11

$this->bbcode_second_pass_quote('Plantagenet', '
')
I'm not sure what you mean. I've just repeated my position, i.e. I think high energy prices caused by peak oil are responsible for the "Great Recession" and the WORST RECOVERY EVER we've been stuck in since 2009. I even posted a multi-colored diagram that illustrates the impact of PEAK CHEAP OIL on the economy.

What part of that isn't clear to you? :?:


The implication of your last statement is that, "Once you have to borrow more money to pay the interest on the money you've already borrowed, you are doomed," but that's what the U.S. had been doing even before Obama took office. If any, what we're looking at is the result of several decades of that.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Fri 22 Feb 2013, 15:23:41

$this->bbcode_second_pass_quote('ralfy', '.').. your last statement is that, "Once you have to borrow more money to pay the interest on the money you've already borrowed, you are doomed," but that's what the U.S. had been doing even before Obama took office.


Yes---Obama took a bad situation and made it much worse.

Obama exploded the deficit to well over a TRILLION bucks per year----he's added 5+ TRILLION to the debt in just the last four years. Obama is by far the worst president ever when it comes to borrowing money.

Interest payments on the debt are already ca. 220 BILLION dollars per year. That is money we could be using to build high speed trains across the USA or pay for free tuition for every college student. Instead, we've got to pay interest on all the money Obama has been borrowing.

[img=http://www.usnews.com/news/articles/2012/11/19/how-the-nations-interest-spending-stacks-up]The annual interest payment on the US debt is now 220 BILLION[/img]
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Re: This is the WORST RECOVERY EVER

Postby ralfy » Fri 22 Feb 2013, 23:33:03

$this->bbcode_second_pass_quote('Plantagenet', '
')
Yes---Obama took a bad situation and made it much worse.

Obama exploded the deficit to well over a TRILLION bucks per year----he's added 5+ TRILLION to the debt in just the last four years. Obama is by far the worst president ever when it comes to borrowing money.

Interest payments on the debt are already ca. 220 BILLION dollars per year. That is money we could be using to build high speed trains across the USA or pay for free tuition for every college student. Instead, we've got to pay interest on all the money Obama has been borrowing.

[img=http://www.usnews.com/news/articles/2012/11/19/how-the-nations-interest-spending-stacks-up]The annual interest payment on the US debt is now 220 BILLION[/img]


I cannot imagine anyone making it better, i.e., given a consumer spending society, and I don't think Obama would have followed what you suggested as Washington works for Wall Street.

Finally, I think the problem is precisely that: too much spending needed to build things that move at "high speed" or to receive "free" services, or "solutions" involving flipping funds from one source to another. Ultimately, more will have to face the facts that three decades of voodoo economics will not last.
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Re: This is the WORST RECOVERY EVER

Postby Plantagenet » Sat 23 Feb 2013, 03:35:43

$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('Plantagenet', '
')
Yes---Obama took a bad situation and made it much worse.

Obama exploded the deficit to well over a TRILLION bucks per year----he's added 5+ TRILLION to the debt in just the last four years. Obama is by far the worst president ever when it comes to borrowing money.

Interest payments on the debt are already ca. 220 BILLION dollars per year. That is money we could be using to build high speed trains across the USA or pay for free tuition for every college student. Instead, we've got to pay interest on all the money Obama has been borrowing.

[img=http://www.usnews.com/news/articles/2012/11/19/how-the-nations-interest-spending-stacks-up]The annual interest payment on the US debt is now 220 BILLION[/img]


I cannot imagine anyone making it better


Try to imagine a president who doesn't create 5 TRILLION dollars of debt in four years.
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