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Author Topic: CBO: Obamacare to wipe out over 2 million full time jobs
CashCowMoo
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If you like your plan you can keep it. This will create jobs. This will lower costs. What a bunch of baloney!


The long-term effect of ObamaCare on the U.S. economy was rewritten Tuesday with the Congressional Budget Office issuing a revised projection that nearly 2.5 million workers could opt out of full-time jobs over the next 10 years -- allowing employers to wipe 2.3 million full-time jobs off the books.

Budget experts say that because ObamaCare offers an insurance alternative to employer provided coverage, many Americans who hold full-time jobs may decide to work part-time -- or not at all -- and get their coverage from the exchanges.

Following the release of the report, House Speaker John Boehner said the report showed how “the middle class is getting squeezed in this economy.”

The report drew immediate reaction from GOP lawmakers, including House Speaker John Boehner who said the report indicates ObamaCare is only making it harder for middle-class Americans to survive in the bad economy.


http://www.foxnews.com/politics/2014/02/04/obamacare-expected-to-lead-to-loss-ne arly-25-million-american-jobs-report-says/

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It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.

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T e x
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I suggest a more balanced interpretation:

http://www.washingtonpost.com/blogs/fact-checker/wp/2014/02/04/no-cbo-did-not-sa y-obamacare-will-kill-2-million-jobs/

This may speak to the long-discussed idea of having more workers share full-time jobs, I dunno.

It may speak to the fact that businesses that need good workers are dang sure gonna hire somebody because there will always be those of us who want good work.

It may speak to the idea that owners and CEOs and investment bankers hate the idea of workers having more options.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
Lockman
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quote:
Originally posted by T e x:
I suggest a more balanced interpretation:

http://www.washingtonpost.com/blogs/fact-checker/wp/2014/02/04/no-cbo-did-not-sa y-obamacare-will-kill-2-million-jobs/

This may speak to the long-discussed idea of having more workers share full-time jobs, I dunno.

It may speak to the fact that businesses that need good workers are dang sure gonna hire somebody because there will always be those of us who want good work.

It may speak to the idea that owners and CEOs and investment bankers hate the idea of workers having more options.

So this is basically saying that more people will opt out of working so they can get a reduced rate on their health insurance, so if this catches on and more and more people decide why work harder if the government is gonna just take more and more and i can sit at home and watch TV..... sounds like a socialist environment where the government controls every aspect of your life and in the end the government can't meet those obligations because so many people have decided to let someone pay their way.

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Let's Go METS!!!

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T e x
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nah, this saying peeps ain't tied so much to jobs, which gives the workers a lil more leeway.

That's all.

No big deal...just saying humans ain't robots.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
   

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