Re-Employ America This is what he wants to shut down for: Increased health care use means that expansion by health care providers will become a necessity. We estimated that 50 – 75 million uninsured and underinsured people will be added to the health care system. With an average of 100 square feet of health care needed for each person, we concluded that 5 – 7.5 billion square feet of health care facilities will need to be added nation wide. We also concluded that most of that would happen within the first 5 years and that construction would require at a minimum of 1.5 million employees per year for construction and supporting manufacturing and services. We also considered that for every 300 patients, one health care person will need employed, this added another 200,000 new health care workers per year. Insurance companies will need to add staffing, from general customer service to sales agents, this could be an additional 250,000 per year. Supporting businesses not directly related to health care will add additional employment opportunities. We also took into consideration that, in an effort to placate to their corporate owners, a majority of our members of Congress will bring the inevitable passage of the TAFTA and TPP, both of those will cost us as much as 5 million manufacturing jobs per year. With the increased need for healthcare, more innovations and technologies will be developed which create more jobs. Medical technology innovation has all but stagnated in the last decade. In an effort to reduce expenses, insurance companies will likely start to work closer with health care providers, inventors and innovators to develop more efficient diagnostic and treatment equipment and procedures. These will also require more employees for such development and manufacturing as needed. These new and increased employment opportunities will infuse more money into the economy creating more jobs. Over the next 2 – 5 years for each year, 3 – 5 million permanent jobs can be created, that same number of temporary jobs lasting 3 – 12 months could be created. Over 80% of these jobs will be outside of the health care industry; such as manufacturing, construction, transportation and customer service. Most of these jobs are what are considered “high paying”, providing a per person income from $30,000 per year for construction and manufacturing jobs to as much as $250,000 per year or more for specialized medical professionals. This has the potential of putting an additional $40 – $80 billion worth of discretionary spending into the US economy each year; if not more. For each job, more tax revenues are then provided to state and federal treasuries. With current national median household income at about $50,000, there is a possibility for personal federal tax revenues of $2 – $10 billion per year and the same amount for business income taxes. With increased taxes year over year, after the first 3 years, by 2022 taxes to the federal treasury could reach $100 billion or more. reemployamerica.org/studies/aca.html The Politics and Economics of the Affordable Care Act - Employment & Economic Security is our... reemployamerica.org You have a say about the economic future of the United States with consumer and political activism Like · Reply · 15 · 2 hours ago
Posted on: Mon, 30 Sep 2013 03:11:13 +0000
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