America is being openly Raped Seniors Going Back To Work to Salvage Their Retirement Nest Eggs, Says AMAC - AMAC, Inc. Seniors Going Back To Work to Salvage Their Retirement Nest Eggs, Says AMAC Posted 10/25/2013 | AMAC Authors, Press Releases WASHINGTON, DC, Oct 25 Seniors who went back to work after retirement used to do it to keep busy, but the Obama Recession and the uncertainties of the Affordable Care Act have made it an economic necessity for more and more older Americans, according to Dan Weber, president of the Association of Mature American Citizens. Two recent Gallup surveys show that there are more post-retirement job seekers out there than ever before, mainly because theyve lost confidence in the economy. The historically destructive recession that started as the president took office and his inability to speed up the recovery have seniors scrambling for ways to salvage whats left of their retirement. Bear in mind that while the net worth of all Americans has declined sharply during this period, seniors have been hardest hit. In one study released a few days ago, Gallup concluded that Americans biggest financial concern is funding their retirement, with 61% worried about having enough money for that. This worry has been exacerbated by the recessions aftermath, which has perhaps caused more seniors and baby boomers near retirement age to remain in the workforce and postpone retirement until they have replenished their nest eggs. Gallup also reported that confidence in the U.S. economy is hovering at lowest levels in five years and that its Standard of Living Index is down to discouraging levels, Weber noted. The debut of Obamacare, he said, has been an unmitigated disaster and that while there may be fixes for the innumerable so-called glitches in its technological architecture, more substantial troubles may lie ahead. News coverage has put a spotlight on the fundamental flaws of the law. For example, people are finding out that their health insurance premiums are increasing faster and higher than anticipated. They are also discovering that deductibles are going to be super high. But, most important, the law is already having a negative impact on the job marketwith employers opting for part time workers to avoid staggering new health insurance costs. Weber cited yesterdays New York Times, one of the most liberal newspapers in the nation, which headlined its front page coverage with this banner: Health Care Law Fails to Lower Prices for Rural Areas. The story noted that: As technical failures bedevil the rollout of President Obamas health care law, evidence is emerging that one of the programs loftiest goals to encourage competition among insurers in an effort to keep costs low is falling short for many rural Americans. It went on to note: rural areas and small towns have far fewer carriers offering plans in the laws online exchanges. Those places, many of them poor, are being asked to choose from some of the highest-priced plans in the 34 states where the federal government is running the health insurance marketplaces.