Tag Archives: Perverse Incentives

Companies Tell Employees to Find Their Own Health Insurance Policies

Posted on by

“Walgreen’s is the latest firm to drop an in-house health insurance plan. It will pay workers a flat rate. Workers will then have to find a decent plan. Workers will soon find how slim the pickings are. This may make insurance companies more competitive. But there is a huge problem. Large companies got low rates because everyone was insured. The law of large numbers took over. High-risk employees were offset by all the low-risk employees. Now each person will be considered as a separate applicant. High-risk people will be identifiable.  Obamacare says that they must get coverage. But will they? We don’t know yet. The health care insurance exchanges are not ready for prime time yet.”

http://teapartyeconomist.com/2013/09/19/go-fish-companies-tell-employees-find-health-insurance-policies/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Inclusionary Zoning Makes Housing Less Affordable

Posted on by

powell_ben_100x1334

“Although the legislation touts the 30,000 units of affordable housing that were produced during the past decade through inclusionary mandates, it ignores the fact that the mandates reduced the growth of new housing by a far-greater number. In Los Angeles and Orange counties alone we estimate that during the period we studied more than 17,000 potential new homes were never built due to the inclusionary zoning requirement, while only 770 inclusionary units were added.  Politicians like inclusionary zoning because it allows them to champion affordable housing without having to directly raise taxes. But the new houses aren’t free. Someone must pay for them.”

http://www.independent.org/newsroom/article.asp?id=4726

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

More Bad News for Low Wage Workers

Posted on by

EPJ13

“Soon American companies will have to disclose how their chief executive’s paycheck compares with that of their average worker under a proposal unveiled by the SEC, reports The Guardian.  If I am the CEO of a publicly traded company, I am going to do every thing I can to keep the ratio, between what I earn and my workers, as close as possible.  This may mean shutting down operations that include many low wage workers. It may also mean automating jobs now performed by low wage workers. Low wage workers will become pariahs to be avoided  at all costs by publicly traded companies. With less demand for low wage workers, their wages will decline.”

http://www.economicpolicyjournal.com/2013/09/more-bad-news-for-low-wage-workers.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

California Approves $10 Minimum Wage; What Will Become Automated Now?

Posted on by

California Approves $10 Minimum Wage; What Will Become Automated Now?

“The next time you pump gas for yourself ask yourself what happened to the gas station attendants that used to pump gas and wash your windshields.  The same thing when you can’t find a department store clerk.  It’s the same thing with those damn automated phone answering services that most firms now use, it’s just too expensive to hire human operators. And its the same with grocery store baggers from days of old. Thank you minimum wage.  The damage of minimum wage isn’t some theoretical, you have just gotten so use to it that you have forgotten what things were like, or you are too young to know the good old days.”

http://www.economicpolicyjournal.com/2013/09/what-will-become-automated-now.html

 

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Short Video: Canadian Wait Times for Surgery; America’s Future

Posted on by

Short Video: Canadian Wait Times for Surgery; America’s Future

“For details, see this video by a Canadian physician who moved to the United States.”

http://teapartyeconomist.com/2013/09/10/short-video-canadian-wait-times-surgery-americas-future/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Public school students being tracked continually

Posted on by

“Because of her religious beliefs, Andrea Hernandez was expelled – yes, expelled from John Jay High School in January 2013!  Next week: Victory! Andrea Hernandez has been readmitted to that school and, because she would not abandon her American right to religious freedom, that school district has stopped using the RFID badges tracking program. I will delightedly show you how all this happened, setting a legal precedent that other American students wielding the Constitution may follow.  In view of John Whitehead’s continuous teaching of what the Constitution actually says, I wish he were running for president in 2016.”

http://www.wnd.com/2013/09/public-school-students-being-tracked-continually/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

UN report: Afghan insurgents use marijuana fields as hiding places

Posted on by

“The amount of Afghan farmland planted with cannabis fell by nearly a fifth last year after one province launched a fierce eradication campaign, but a bumper crop meant that actual production rose compared with 2011, according to the UN.  Overall Afghanistan produced 1,400 tonnes of commercial cannabis resin in 2012, worth around $65 million, the report estimated. Government efforts to stamp out poppy farming may even push up production of cannabis, the report warned. Last year the UN said Afghanistan’s importance as a source of resin for world markets might be growing as more farmers switched to the crop.”

http://www.rawstory.com/rs/2013/09/10/un-report-afghan-insurgents-use-marijuana-fields-as-hiding-places/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Billionaire: Part-Timers Will Near 50% of Workforce Due to ObamaCare

Posted on by

EPJ13

“On the McLaughlin Group this weekend, Mort Zuckerman, real estate billionaire and owner of the New York Daily News and of U.S. News & World Report stated: ‘Part-time employment is going to grow from 25 percent of the workforce to close to 50 percent of the workforce in part because of the problems of healthcare obligations.'”

http://www.economicpolicyjournal.com/2013/09/billionaire-part-timers-will-near-50-of.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Obama’s College Affordability Scheme Gets an ‘F’

Posted on by

“Colleges have raised tuition prices and let costs run amok for decades — all the while directing more of their own institutional aid to students from wealthier families. Still the federal aid just kept coming.  If colleges had instead used financial aid to improve affordability, a college degree would cost about $3,500 less.  Instead, colleges seem to be pouring more money into administrative bloat.  Americans should learn from our experience with No Child Left Behind, which added nearly 8 million additional administrative hours at a cost of more than $235 million annually to K-12 education. Colleges will face similar additional red tape under Obama’s College Scorecard scheme.”

http://www.independent.org/newsroom/article.asp?id=4711

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

California Governor Calls for Legislation that will Increase Unemployment

Posted on by

EPJ13

“Gov. Jerry Brown says he supports a bill in the Legislature that would boost the California minimum wage next year and in 2016 by a total of $2 an hour, reports LaTi.  The bill would raise the current $8-an-hour minimum wage to $9 on July 1, 2014, and to $10 on Jan. 1, 2016.  The Governor, displaying a total lack of understanding of basic economics, said:  ‘The minimum wage has  not kept pace with rising costs. This legislation is overdue and will help families that are struggling in this harsh economy.’  What it will do is cause an increase in unemployment. Prices can’t be regulated, wage prices or otherwise. It is basic supply and demand economics.”

http://www.economicpolicyjournal.com/2013/09/california-governor-calls-for.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet