11 votes

Obamacare Employer Mandate Delayed For One Year

BREAKING: Employers who don't provide health insurance will be spared penalties of up to $3,000 per worker until 2015, a one-year delay of a major component of President Barack Obama's health care reform law, the Treasury Department announced Tuesday.

Under Obamacare, companies with at least 50 full-time employees are required to provide qualifying health benefits to workers or face financial penalties called "shared responsibility payments." The provision of the law aims to shore up and strengthen the system that provides health benefits to most covered Americans...

WHAT A MESS!

More and full text of Treasury announcement: LINK
Let's look at making this a permanent delay!

http://iroots.org/2013/07/02/breaking-obamacare-employer-man...

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Bio-ID

Biometric ID should be in place by then.

"What if the American people learn the truth" - Ron Paul

Yet, the individual mandate stays in place?!?!?!?

Both Human Events and Drudge have this one, Drudge links there:

www.humanevents.com/2013/07/02/administration-delays-key-ele...

See question three from David Harsanyi, the reporter on this one.

"Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern." ~~C.S. Lewis
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

This is a major psychological

This is a major psychological blow to Obamacare. Bigger than anyone realizes. Like the Snowden NSA leak. On that scale.

I hope so

This should energize someone...we shall see.

Check out http://iroots.org/
"If you’re into political activism, at least for Ron Paul if not for anyone else, I strongly recommend spending some time with iroots.org." - Tom Woods

Wait a minute...how can they

Wait a minute...how can they do that? I thought it was THE LAW? Does this mean the administration is breaking yet another law at its convienence?

fireant's picture

What law?

Roberts wrote this "law", so it is invalid from the get go.

Undo what Wilson did

You can't turn lead into gold by passing a law.

~400 years ago the industrial age began with the exploitation of stored energy resources. Before that the human economy was limited to what renewable energy would fuel. Inherent in the industrial age was the "low hanging fruit" principle. This simply means that we acquire the most profitable, easiest to acquire resource deposits first and leave the rest for later, only later is now.

The cost to acquire resources follows a compound growth curve, so ultimately we can't afford to acquire the energy to fuel our industrial age, and like the end of all compound growth curves there is collapse. Up until the last 15 years we were able to compensate for the energy lost from increasing acquisition cost by increasing total energy production, but we have reached geological limits in important energy sectors so the devil has caught up with us. The economy cannot grow because of energy constraints. As the industrial age dies, there will be plenty of energy deposits in the ground; they simply won't be economical to extract.

Oil is our most important energy resource. In 1930 we only spent the energy equivalent of 1 barrel of oil to get back 100. Today we spend the equivalent of 11 barrels of oil to get back 100. This is a 3% compounded rate of growth in this acquisition cost. In another 23+ years it will take 22 barrels of oil to get back 100 based on a continuation of this cost curve, and you can see this process in the shift from conventional deposits to deep water, shale, and tar sand deposits, all hugely more expensive than conventional oil.

This energy acquisition cost crisis limits economic output. Indeed, it will produce a negative growth rate, and the economic output will be cut in half repeatedly since any negative rate of growth will have an associated halving period wherein economic output drops by half. For example, if the rate of contraction is 3.5% the economy will be halved in 20 years, rinse and repeat.

At our current position in the oil acquisition cost curve, we cannot as a society afford luxuries, higher education, or advanced medical care. If government mandates we all have advanced medical care, and can actually enforce such a mandate, then we must give up something else, and that means something more essential like food and shelter must suffer. When economic output is limited by energy constraints then government forcing production of one product or service comes at the expense of something else that the free market would have determined to be produced.

Obamacare can't possibly be afforded. What will happen is that it will make people suffer in other aspects of their lives, and as is usual with the black hand of government, it will also destroy the health care system much faster than would have occurred without the intervention. We are not facing a positive future; with massive government making choices for us, it is all the more bleak.

Revolution can't come soon enough for me.

"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.

why do you still believe in the "fossil" fuel theory?

just curious.
everything you wrote is correct but slanted towards the "fossil" fuel theory. are you aware of that?

it is true that at some point we can"t stick enough straws in it to meet demand, agreed.
all I disagree with in your post, is the inherent supposition as to their source.
peace.

mid term elections coming up - Democrat protection provision

built in.

Nothing like having the Obama try to change the rules to protect Democrats ass'

I was going to say

Delay for e-verify, but I like your reason better.

lol @ obamacare

lol @ obamacare

I work in Benefits Technology

I work in Benefits Technology and HRIS systems and I can tell you that every employer out there is panicking over trying to figure all this out. Some are using "pay or play" calculations to figure out if it is worth trying to cover everyone and are paying a lot of money for systems to report total hours etc. The whole thing is a mess, even industry people have no idea how to stay on top of all this crap.

We all share this eternally evolving present moment- The past and future only exist as inconsequential mental fabrications.

TwelveOhOne's picture

Perhaps working as designed?

A mess to slow our economy down?

I love you. I'm sorry. Please forgive me. Thank you.
http://fija.org - Fully Informed Jury Association
http://jsjinc.net - Jin Shin Jyutsu (energy healing)

SteveMT's picture

They "blinked" again on this disaster called Obamacare.

How do you know the (IRS') government's takeover of the US healthcare system will be a smashing success? It, or rather the mandatory reporting and "employer shared responsibility payments", were just delayed by one year. The sheer and utter chaos and vocal protests behind the scenes for the administration to agree to this unprecedented step (back) are palpable.
http://www.zerohedge.com/news/2013-07-02/obamacare-reporting...

fireant's picture

And they'll keep punting every step of the way as they run

into snags and objections. 10 years down the road we'll still be in a state of uncertainty as to what will happen to health care, which just stymies business in the first place. What a train wreck.

Undo what Wilson did

I can't imagine what a headache this must be

I work at a temp company - so the bad regulations help us in the sales area, but for the main company this must be a terrible headache. How can you project and make plans?

Check out http://iroots.org/
"If you’re into political activism, at least for Ron Paul if not for anyone else, I strongly recommend spending some time with iroots.org." - Tom Woods