Category Archives: ObamaCare

Kay Hagan lies echo Obama lies, Obamacare impact on consumer spending health care costs and quality, Part 1, Obama lies on keeping your insurance and reducing premiums

Kay Hagan lies echo Obama lies, Obamacare impact on consumer spending health care costs and quality, Part 1, Obama lies on keeping your insurance and reducing premiums

“The cost of health insurance will climb from a range of $61 to $77 monthly to a range of $118 to $133 monthly, according to a memo sent from UNC President Tom Ross to the UNC Board of Governors. On an annual basis, most students will pay about $500 to $700 more in 2012-13, depending on the campus.”

“Mallette said the insurance increases are due to the health care usage of UNC system students during the past couple of years, plus federal regulations on preventive care and pharmacy services issued in March. The process is complicated, he said, by the new provisions of the Affordable Care Act.”…Charlotte Observer May 1, 2012

“If you like your plan, you can keep it.”…Barack Obama

“millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years.”…NBC News October 29, 2013

 

I was preparing an article on the impact of Obamacare on consumer spending.

Before beginning to write the article, the material expanded so much as to require a multi part series.

So many lies, so little time to expose.

Living in NC, and as sick of the non stop political ads as anyone, I still find my jaw dropping every time I hear the Hagan ad accuse Tillis of Medicare cuts.

Kay Hagan helped Obama pass Obamacare.

Money that had previously gone to Medicare Advantage Plans has been redirected to Obamacare.

From the Daily Caller February 2, 2014.

By Rep. Bill Johnson, Congressman, Ohio 6th District

“One of the most troubling aspects of President Obama’s takeover of health care is the more than $200 billion in cuts that Obamacare is taking from the Medicare Advantage (MA) program – a program that over 15 million seniors and individuals with disabilities have chosen to enroll in across the United States. As of January 2014, Ohio had over 763,797 enrollees in the MA program and roughly 38,766 of those enrollees reside in Eastern and Southeastern Ohio. This administration must stop these cuts to the MA program from happening if they want to protect the well-being of seniors across the country.

Last year, Medicare Advantage beneficiaries learned of a 6.7 percent rate cut that would hit their health care plans in 2014. These cuts are already being felt by seniors as access to doctors becomes more limited, and out-of-pocket payments increase. I recently experienced firsthand what these cuts mean for those living in Ohio when a number of local physicians had their practices dropped from participation in MA plans, forcing seniors to switch plans or leave their long-term physicians.

Doctors throughout my district have expressed their deep concerns over the serious impact these cuts will have on their practices, and their patients. Seniors in Eastern and Southeastern Ohio are losing access to their doctors and seeing an increase in their premiums. Some patients are being forced to leave their doctors mid-treatment. This is unacceptable, especially when 9 out of 10 beneficiaries believe their MA plan helps them live a healthier life.”

“And yet, this month, the Centers for Medicare and Medicaid Services (CMS) is planning to issue a second MA rate cut for 2015, slashing an additional 6.5 percent from these senior plans. In addition to this, seniors enrolled in MA could see between $420 and $900 in benefit reductions next year. Those seniors, who have not yet experienced the disruptions of the first cut, are sure to with the second – MA plans will soon face a total rate cut of 13 percent.”

Read more:

http://dailycaller.com/2014/02/18/seniors-on-medicare-advantage-are-losing-under-obamacare/

From The Foundry April 11, 2014.

 

SENIORS

Obamacare in Pictures 2014: Medicare cuts

You may recall Heritage experts’ warning that Obamacare would cut $716 billion from Medicare. That’s still happening.

Despite the Obama administration’s recent walking back of Medicare Advantage cuts for this year, Obamacare’s planned cuts to Medicare are moving forward. This chart shows which parts of Medicare are affected.”

Read more:

http://dailysignal.com/2014/04/11/obamacare-charts-obama-doesnt-want-see/?utm_source=facebook&utm_medium=social

 

From the Herald Sun September 26, 2014.

“Blue Cross and Blue Shield of North Carolina will drop its Blue Medicare HMO standard and Blue Medicare HMO Enhanced plan products in 11 North Carolina counties in 2015, affecting 50,000 beneficiaries statewide.

The counties include: Alamance, Davidson, Forsyth, Iredell, Rowan, Stokes, Surry, Wake, Wilkes and Yadkin, which makes up about one-third of BCBSNC’s Medicare Advantage population, said Michelle Douglas, public relations manager for BCBSNC.

Under HMO plans, beneficiaries generally must get care from within the plan’s network as opposed to PPO plans, which contracts with a network of preferred providers to which the beneficiary can choose.

Mary Snider, a BCBSNC customer who lives in Davidson County, said she received a letter this week that said her Blue Medicare HMO enhanced coverage would no longer be available.

According to the letter, if Snider does not take action before Dec. 31 on selecting a new plan, she will lose prescription drug coverage and only have Original Medicare beginning Jan. 1.

“This is a shock to everybody,” Snider said. “We wish they still offered (the old plans.)”

Snider said her monthly premium for Blue Medicare HMO Enhanced was $18.90 per month, which is confirmed by Centers for Medicare and Medicaid Services (CMS) data.

The BCBSNC letter does not outline the new plan offerings or specifics because they are not made public until Oct. 1.
However, according to CMS data that shows approved plan premiums for 2015, the only available HMO plan with drug coverage from BCBSNC in Davidson County is set to increase by just over three times Snider’s current premium, to $63.50 per month.

“There are some people out here who choose between health care and food,” she said about potential price increases. “If you’re caught in the middle, there’s nothing you can do.””

Read more:

http://www.heraldsun.com/news/x456534043/Blue-Cross-Blue-Shield-drops-HMO-plans-in-11-counties

 

 

Obamacare raises health care premiums 78 percent, Average premiums skyrocketed, Subsidy gap for many, Higher premium subsidies paid by taxpayers, Kay Hagan healthcare and job destroyer

Obamacare raises health care premiums 78 percent, Average premiums skyrocketed, Subsidy gap for many, Higher premium subsidies paid by taxpayers, Kay Hagan healthcare and job destroyer

“The cost of health insurance will climb from a range of $61 to $77 monthly to a range of $118 to $133 monthly, according to a memo sent from UNC President Tom Ross to the UNC Board of Governors. On an annual basis, most students will pay about $500 to $700 more in 2012-13, depending on the campus.”

“Mallette said the insurance increases are due to the health care usage of UNC system students during the past couple of years, plus federal regulations on preventive care and pharmacy services issued in March. The process is complicated, he said, by the new provisions of the Affordable Care Act.”…Charlotte Observer May 1, 2012

 

“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

 

If you are thinking about voting for Kay Hagan you had better stop and reconsider.

She helped Obama pass Obamacare.

This is not just about political slogans and voting records.

Obamacare is destroying our healthcare system, raising premiums for families and students and turning full time into part time jobs.

This is not an opinion, It is a fact!

From the Washington Times October 28, 2014.

“Obamacare sends health premiums skyrocketing by as much as 78 percent”

“The Affordable Care Act was supposed to make health care more affordable, but a newly released study of insurance policies before and after Obamacare shows that average premiums have skyrocketed, for some groups by as much as 78 percent.

Average insurance premiums in the sought-after 23-year-old demographic rose most dramatically, with men in that age group seeing an average 78.2 percent price increase before factoring in government subsidies, and women having their premiums rise 44.9 percent, according to a report by HealthPocket scheduled for release Wednesday.

The study, which was shared Tuesday with The Washington Times, examined average health insurance premiums before the implementation of Obamacare in 2013 and then afterward in 2014. The research focused on people of three ages — 23, 30 and 63 — using data for nonsmoking men and women with no spouses or children.

The premium increases for 30-year-olds were almost as high as for 23-year-olds — 73.4 percent for men and 35.1 percent for women — said the study, titled “Without Subsidies Women & Men, Old & Young Average Higher Monthly Premiums with Obamacare.”

“It’s very eye-opening in terms of the transformation occurring within the individual health insurance market,” said Kev Coleman, head of research and data at HealthPocket, a nonpartisan, independently managed subsidiary of Health Insurance Innovations in Sunnyvale, California.

“I was surprised in general to see the differences in terms of the average premiums in the pre-reform and post-reform markets,” Mr. Coleman said. “It was a higher amount than I had anticipated.”

The eye-popping increases among younger insurance buyers could be a problem for Obamacare’s long-term solvency given that young people are needed to offset the higher costs associated with older policyholders.”

Read more:

http://www.washingtontimes.com/news/2014/oct/28/obamacare-sends-health-premiums-skyrocketing-by-as/?

From HealthPocket.

Obamacare2014increaseChart

Obamacare2014increaseTable

http://www.healthpocket.com/healthcare-research/infostat/obamacare-2014-premiums-higher-than-pre-reform-market#.VFDqIfnF-nY

 

 

 

Obama and Federal Reserve lying about state of US Economy, Most Americans worse off, Labor force participation rate plummeted, Part time workers up 54 percent, Full time jobs million plus drop

Obama and Federal Reserve lying about state of US Economy, Most Americans worse off, Labor force participation rate plummeted, Part time workers up 54 percent, Full time jobs million plus drop

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

We have been trying to present the truth about the jobs situation and US economy despite the best efforts of the Obama Administration and media to obfuscate.

From Zero Hedge October 21, 2014.

“19 Surprising Facts About The Messed Up State Of The US Economy”

“Barack Obama and the Federal Reserve are lying to you.  The “economic recovery” that we all keep hearing about is mostly just a mirage.  The percentage of Americans that are employed has barely budgedsince the depths of the last recession, the labor force participation rate is at a 36 year low, the overall rate of homeownership is the lowest that it has been in nearly 20 years and approximately 49 percent of all Americans are financially dependent on the government at this point.  In a recent article, I shared 12 charts that clearly demonstrate the permanent damage that has been done to our economy over the last decade.  The response to that article was very strong.  Many people were quite upset to learn that they were not being told the truth by our politicians and by the mainstream media.  Sadly, the vast majority of Americans still have absolutely no idea what is being done to our economy.  For those out there that still believe that we are doing “just fine”, here are 19 more facts about the messed up state of the U.S. economy…

#1 After accounting for inflation, median household income in the United States is 8 percent lower than it was when the last recession started in 2007.

#2 The number of part-time workers in America has increased by 54 percent since the last recession began in December 2007.  Meanwhile, the number of full-time jobs has dropped by more than a millionover that same time period.

#3 More than 7 million Americans that are currently working part-time jobs would actually like to have full-time jobs.

#4 The jobs gained during this “recovery” pay an average of 23 percent less than the jobs that were lost during the last recession.

#5 The number of unemployed workers that have completely given up looking for work is twice as highnow as it was when the last recession began in December 2007.

#6 When the last recession began, about 17 percent of all unemployed workers had been out of work for six months or longer.  Today, that number sits at just above 34 percent.

#7 Due to a lack of decent jobs, half of all college graduates are still relying on their parents financially when they are two years out of school.

#8 According to a new method of calculating poverty devised by the U.S. Census Bureau, the state of California currently has a poverty rate of 23.4 percent.

#9 According to the New York Times, the “typical American household” is now worth 36 percent less than it was worth a decade ago.

#10 In 2007, the average household in the top 5 percent had 16.5 times as much wealth as the average household overall.  But now the average household in the top 5 percent has 24 times as much wealth as the average household overall.

#11 In an absolutely stunning development, the rate of small business ownership in the United States has plunged to an all-time low.

#12 Subprime loans now make up 31 percent of all auto loans in America.  Didn’t that end up really badly when the housing industry tried the same thing?

#13 The average cost of producing a barrel of shale oil in the United States is approximately 85 dollars.  Now that the price of oil is starting to slip under that number, the “shale boom” in America could turn into a bust very rapidly.

#14 On a purchasing power basis, China now actually has a larger economy than the United States does.

#15 It is hard to believe, but there are 49 million people that are dealing with food insecurity in America today.

#16 There are six banks in the United States that pretty much everyone agrees fit into the “too big to fail” category.  Five of them have more than 40 trillion dollars of exposure to derivatives.

#17 The 113 top earning employees at the Federal Reserve headquarters in Washington D.C. make an average of $246,506 a year.  It turns out that ruining the U.S. economy is a very lucrative profession.

#18 We are told that the federal deficit is under control, but the truth is that the U.S. national debt increased by more than a trillion dollars during fiscal year 2014.

#19 An astounding 40 million dollars has been spent just on vacations for Barack Obama and his family.  Perhaps he figures that if we are going down as a nation anyway, he might as well enjoy the ride.”

Read more:

http://www.zerohedge.com/news/2014-10-21/19-surprising-facts-about-messed-state-us-economy

 

 

Obama Hagan destroy US NC economies jobs healthcare, Obamacare and private insurance cost increases, Labor force plummets, Part time jobs spike, NC decimated by Barack Obama and Kay Hagan

Obama Hagan destroy US NC economies jobs healthcare, Obamacare and private insurance cost increases, Labor force plummets, Part time jobs spike, NC decimated by Barack Obama and Kay Hagan

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

I have been planning an article about the impact of Obamacare, the rising premium costs and destruction of full time jobs.

Senator Kay Hagan supported Obamacare and has voted with Obama nearly every time.

Before revealing the NC job impact, here is breaking news from Charlotte, NC.

From the Charlotte Observer October 20, 2014.

Charlotte’s Section 8 housing wait list triples to all-time high

A new number has emerged to help define Mecklenburg County’s affordable housing crisis: 32,128.

That’s how many low-income people filled out applications in just five days to be on the waiting list for Section 8 Housing Choice Vouchers: three times the number who applied for such rent help when the list last opened in 2007. The substantial jump caught housing officials off guard.

Equally surprising for the Charlotte Housing Authority is that 4,449 of those adults listed their housing status as homeless, a number that includes those in charity housing, extended stay hotels or living with a friend.

Read more:

http://www.charlotteobserver.com/2014/10/19/5251688/charlottes-section-8-wait-list.html#.VEU-oPnF-nY

NC jobs situation?

In August 2008 the labor force participation rate was 65.2 percent.

In August 2014 60.5.

That is a 4.7 percent plummet!!

God only knows what the real unemployment rate is.

Especially with so many full time jobs being replaced with part time as a direct result of Obamacare.

From Prison Planet October 20, 2014.

“Obamacare Premiums Expected to Rise By Double Digits”

“Even though President Obama has delayed the open enrollment period for Obamacare until after the mid-term elections, word is starting to leak out about how much those premiums will rise — and it isn’t pretty.

One report says subscribers to the the Obamacare “bronze” plan — the cheapest healthcare offering under the Affordable Care Act — could jump nearly 14 percent in price.

In its analysis, Investor’s Business Daily reports that 40-year-old non-smokers earning 225 percent of the poverty level face a 13.9 percent hike. The analysis catalogued expected prices for the largest 15 cities in the nation, including Washington, D.C..

Bronze subscribers in Seattle will see the largest spike, with their premiums jumping by 64 percent, from $60 to $98 per month. In Providence, R.I., the plan cost is expected to soar from $72 to $99 per month, from $88 to $111 in Los Angeles, $100 to $122 in Las Vegas, and $97 to $114 in New York, according to the Washington Times.”

“Still, people across the country are already receiving cancelation notices from their health care providers. A wave of such notices went out last week in Colorado, a state with a tight Senate race. More than 22,000 Coloradans received cancelation notices in the last month — and nearly 193,000 more will lose their policies at the end of 2015, the Times reported.

In all, more than half a million people in the state have lost their insurance. And the scene is being replayed in states across the country.”

Read more:

http://www.prisonplanet.com/obamacare-premiums-expected-to-rise-by-double-digits.html

From commenter RMinNC October 20, 2014.

“YOUR NOVEMBER SURPRISE….

Taken from ATS this am….this man is not a happy camper…don’t check your mail box…you may have a November surprise too!
—————————————————————————————————–

” I have always been opposed to Obamacare. While in theory, providing healthcare to everyone is a novel idea, I don’t believe it’s realistic in a capitalistic society. So I finally got around to opening my mail from yesterday and there’s a letter from my current provider Humana, outlining any changes to my plan for 2015.
My plan isn’t a Cadillac plan. It covers me, my wife and 2 boys with an 80/20 plan with unlimited doctor visits at reasonable co-pays.
I almost fell over when I saw the premium is going to be raised from $520 a month to $877 a month. That’s a 68% increase and in no way is affordable.

I hope those mother f’ckers from Humana all get fired and that lying piece of trash Obama and anyone who supported his ACA are all voted out on their asses.
So much for if you like your plan you can keep it and so much for the proposed economies of scale reducing premiums. I knew that the ACA wasn’t going to end well, I just had no idea it would be this catastrophic financially.
All I can hope for is that the right takes over the Senate in a few weeks and do something to get rid of or mitigate this awful legislature.”.”

 

 

Initial Claims October 16, 2014 lowest since April 2000?, Americans stupid enough to believe?, Huge labor force dropouts reason, Employment to population rate plummeted 5.4 percent

Initial Claims October 16, 2014 lowest since April 2000?, Americans stupid enough to believe?, Huge labor force drooputs reason, Employment to population rate plummeted 5.4 percent

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

Are Americans stupid enough to believe the reports coming from the US Labor Dept., the White House and the mainstream media.

Initial Claims for October 16, 2014 are the lowest since April 2000?

If you do you had better look closer.

The employment to population ratio has dropped 5.4 percent since April 2000.

If you lose enough workers and even more full time workers you are going to be less likely to have layoffs.

I.E. you have already pared the work force to the bone.

http://data.bls.gov/pdq/SurveyOutputServlet

Don’t take my word for this, look it up.

Oh, and by the way, there are 23,317,000 more people not in the labor force than in April 2000.

 

September unemployment rate lowest since 2008?, 248k jobs added, Truth is more people dropped out of labor force than jobs added, Participation rate down 3 percent since Jan 2009, Excessive part time jobs

September unemployment rate lowest since 2008?, 248k jobs added, Truth is more people dropped out of labor force than jobs added, Participation rate down 3 percent since Jan 2009, Excessive part time jobs

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

It is unbelievable to hear the distorted jobs data regurgitated by so many “news sources”, excuse me, entertainment sources.

The US Labor Department reported that the September 2014 unemployment rate dropped to 5.9 percent.

Here is an example from Market Watch.

“Unemployment falls below 6% for first time since 2008 as U.S. adds 248,000 jobs

Jobs growth accelerated in September and hiring in August was much stronger than initially reported, reflecting a U.S. economy that entered the fall with growing momentum.

The U.S. added 248,000 jobs outside the farm sector, topping the MarketWatch-compiled economist forecast of 220,000. Sustained gains in hiring, along with more people dropping out of the labor force, also pushed the U.S. unemployment rate down to 5.9% from 6.1% to mark a six-year low, the Labor Department reported Friday. The last time the jobless rate was below 6% was in 2008.”

Read more:

http://www.marketwatch.com/story/unemployment-falls-below-6-for-first-time-since-2008-as-us-adds-248000-jobs-2014-10-03

Also reported by the Labor Dept. and ignored by most reports is the following.

There were 315,000 more people not in the labor force in September. That is far more than the 248,000 jobs that were added.

The labor force participation rate at 62.7 percent is 3 percent higher than when Obama took office.

They are comparing the current unemployment rate to 2008. The rate was 5.8 percent in July 2008. However, the participation rate then was 66.1 percent.

That is 3.4 percent higher than today.

You do the math!

Also, there were 45,000 more people in September , not in the labor force who want a jobs now.

And don’t forget this from the Labor Dept.

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in September at 7.1 million. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job.”


							

Obama Fed economy brings families together, In laws and nonrelatives added to family households picked up last year, Improving economy and job growth lies exposed, Young people have higher debt and can’t afford homes

Obama Fed economy brings families together, In laws and nonrelatives added to family households picked up last year, Improving economy and job growth lies exposed, Young people have higher debt and can’t afford homes

“For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourth quarter of 2004. For those younger than 35, the rate has fallen noticeably faster. It slipped to 36.2% in the first quarter, from 36.8% in the fourth. The homeownership rate for this group was as high as 43.6% in the second quarter of 2004.”…Market Watch May 12, 2014

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

We are constantly hearing from the White House and Obama controlled media about an improving economy and jobs situation.

You can fool someone with smoke and mirrors for awhile but eventually the smoke dissipates and the mirrors begin to reflect reality.

Aside from the skyrocketing use of food stamps and other public assistance, record labor force dropouts, frightening levels of student debt and subsequent inability of young people to buy homes, we have another example of the impact of Obama and Fed policies.

From Market Watch September 27, 2014

“Doubled-up homes aren’t just for couch-surfing adult kids (and reluctant parents) anymore”

“With the economy growing in fits and starts, an increase in “doubled-up” homes isn’t just young adults moving into their parents’ basements, according to a recent economic research note.

The number of in-laws and nonrelatives added to family households picked up last year, housing economist Thomas Lawler wrote in a Friday note.

“There was a substantial increase in the ‘doubling-up’ (or more) of households not attributable to ‘young adults’ moving back to their parents’ home,” he wrote.

Crunching government data, Lawler found that in 2013, the population of family households (these are homes that contain families and may include other individuals) added 577,000 householders, spouses and children — down 49% from an average annual increase of 1.1 million between 2010 and 2012. Meanwhile, the number of in-laws and other relatives added to family homes hit 663,000 in 2013, double the recent average, and non-relatives rose more than 700% to 372,000.
Here are a few other trends worth watching:

About 164,000 non-family households with at least two people were formed last year, up from average annual growth of 65,000 between 2010 and 2012.”

Read more:

http://blogs.marketwatch.com/capitolreport/2014/09/27/doubled-up-homes-arent-just-for-couch-surfing-adult-kids-and-reluctant-parents-anymore/