Courtesy of the Wall Street Journal:
The Affordable Care Act, President Barack Barack Obama’s signature health law, is already boosting household income and spending.
The Commerce Department reported Monday that consumer spending rose a better-than-expected 0.4% and personal incomes climbed 0.3% in January. The new health-care law accounted for a big chunk of the increase on both fronts.
On the incomes side, the law’s expanded coverage boosted Medicaid benefits by an estimated $19.2 billion, according to Commerce’s Bureau of Economic Analysis. The ACA also offered several refundable tax credits, including health insurance premium subsidies, which added up to $14.7 billion.
Taken together, the Obamacare provisions are responsible for about three-quarters of January’s overall rise in Americans’ incomes.
Look, more news you won't be able to see on Fox News.
This is the kind of information that absolutely HAS to disseminated far and wide.
The GOP is still counting on running against the Affordable Care Act in 2014, the more data like this that gets out there the harder that will prove to be.
Morality is not determined by the church you attend nor the faith you embrace. It is determined by the quality of your character and the positive impact you have on those you meet along your journey
Showing posts with label income. Show all posts
Showing posts with label income. Show all posts
Wednesday, March 05, 2014
Saturday, March 30, 2013
Study finds that Alaska is terribly inhospitable to women. And here I thought it was just me.
Alaska women earn less than men, were imprisoned at a higher rate during the last decade and are committing suicide at a rate twice the national average, according to a new study released Tuesday.
"There were some shocking results, some disappointing results," said state Sen. Lesil McGuire, R-Anchorage, who requested the study from the Legislative Research Services. The request was made after McGuire said she reviewed the 2010 Alaska Victimization Survey, for which 1,000 Alaska women were interviewed.
Among its findings, the review found Alaska women make 77 cents for each dollar a man earns in full-time, year-round work. That's comparable to the national average, the study says. However, the figure drops to 67 cents on the dollar for women when both full- and part-time are included.
Nearly 56 percent of unmarried men with children under the age of 18 own their own home in Alaska. For a single mother, that rate drops to 42 percent.
According to the review, Alaska has the sixth-highest concentration of homeless people in the nation. Of all single people in shelters in 2012, a quarter of them were women. But 62 percent of all adults with children in a shelter were women. Domestic violence is the leading cause for homelessness in women.
Well that is an even more troubling picture of the difficulties faced by women in our state than even I realized.
I know that many women seem to suffer more than men with the lack of daylight during the winter months and have lived through many a depression cycle during my years as a married man. Up here they call that SAD (Seasonal Affective Disorder) and it can get so bad that it has quite a lot to do with our increased suicide rate, drinking, and episodes of domestic violence,
I would assume that none of this is helped by the fact that the most prominent woman in our state is also a national laughingstock. Not exactly something that inspires women living in the Last Frontier to overcome adversity now is it?
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