Sunday, November 24, 2013

Another way Obamacare will hurt your local economy

It isn’t just that employers won’t invest in expansion in order to avoid adding new employees, or that investors are waiting to see what happens, but the extra money needed to pay insurance premiums won’t be going to the restaurant, the hair dresser, the clothing store, the manicurist, the cable company, etc.  Kate Joy of Sonoma, California has to come up with about $790 more a month to cover the increase in her health insurance, which had been $499 (it had been less until California began requiring birth control for all) and has increased 150%.  Here’s her list of cuts. That’s mostly money that won’t be supporting businesses, workers, and taxes in Sonoma.

  • Stop paying the extra payment on my mortgage: $100/month
  • Stop eating out: $150/month
  • Don’t go to the movies: $36/month
  • Switch to getting a haircut every other month: $15/month
  • Stop getting manicures: $40/month
  • Stop monthly charitable donations to Wounded Warrior and Habitat for Humanity: $70/month
  • Stop saving for an annual anniversary getaway: $60/month
  • No Christmas gifts to extended family: $40/month
  • Quit buying beef at the grocery store: $100/month
  • Teeth cleaning only once per year: $30/month
  • Cancel all magazine/newspaper subscriptions: at least $30/month
  • Cut DISH service to cheaper plan: $50/month
  • Cancel land line phone service: $70/month

Complete article here.

1 comment:

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