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MORE GOOD NEWS!… CBO Director Says O-Care Will Reduce Workers’ Wages (Video)
Gateway Pundit ^ | February 5, 2014 | Jim Hoft

Posted on 02/05/2014 3:04:04 PM PST by 2ndDivisionVet

What a wonderful law.

Thank you, Democrats.

Thank you, Barack Obama.

Not only will Obamacare kill off over 2.3 million jobs but it will reduce wages, too!

Congressional Budget Office (CBO) Director Douglas Elmendorf told a Congressional committee today that Obamacare will reduce workers wages.

“We expect as other analysts believe that over time costs that employers bare for their employees end up being borne by the employee in the form of lower wages.”



It’s not as if Americans weren’t already suffering.

Since Obama entered the White House US households have lost $4,019 in real income, a little less than a month’s income every year. (WSJ)

TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: employment; income; obamacare; unemployment

1 posted on 02/05/2014 3:04:04 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet
With EBT and Medicaid available, workers will be consigned to death by a thousand indignities and the inability to achieve anything more than subsistence.

This is by design. Lower the American standard of living to match the rest of the world's incomes.

2 posted on 02/05/2014 3:12:05 PM PST by OpusatFR
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To: 2ndDivisionVet

As B. Hussein Obama has said many, many times over his First Five Year Plan: “My number one priority is jobs, Jobs, JOBS!”

3 posted on 02/05/2014 3:21:59 PM PST by Graewoulf (Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
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To: OpusatFR

Some people don’t quite grasp that...Of course those in government don’t give a damn as most of them still have those great lottery style government wages, benefits and pensions...

4 posted on 02/05/2014 3:22:30 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: 2ndDivisionVet; All

I was about ready to post in a related thread when I noticed this one. The CBO Director has substantiated my concern, expressed in first paragraph below, that Democrats have unthinkingly destroyed their “raise the minimum wage” vote-getting card by ramming constitutionally indefensible Obamacare down people’s throats.

From a post intended for a related thread...

Before I remind folks about Congress’s limited powers to regulate minimum wage for certain groups of workers, please consider the following. I think that pulling the minimum wage card to save their reputation with low-information voters shows that Democrats and RINOs are so out of touch with reality that they do not understand the following. The constitutionally indefensible Democratic Obamacare tax tsunami is going to wipe out any tangible benefits, imo, that workers have historically gotten from a higher minimum wage.

As mentioned in related threads, Congress can raise the minimum wage of federal workers because such jobs fall under the places indicated in the Constitution’s Clauses 16 & 17 of Section 8 of Article I, such places under the exclusive legislative control of Congress.

However, regardless that liberals are reluctantly admitting that minimum rage hike is only for federal employees, wrongly implying that feds can also legally raise national minimum wage if they wanted to, please bear the following mind.

The states have never delegated to Congress, via the Constitution, the specific power to regulate a national minimum wage, such promises by federal politicians good for winning votes from low-information voters who are clueless about the federal government’s constitutionally limited powers.

Also, Constitution-ignoring Obama is in a power struggle with corrupt Congress, Obama and Congress actually fighing for control of popularly perceived, but actually constitutionally nonexistent federal powers. And given that the Supreme Court has historically clarified that constitutionally undefined executive orders do not have the force of law unless legislatively supported by Congress, Obama is just politicking, imo, with respect to “promising” higher minimum wage for federal employees This is because he cannot legally raise minimum wage for federal employees without Congress’s support, regardless of executive orders. And since Obama keeps fighting with Congress, I question if he is going to get the needed support to raise federal minimum wage.

5 posted on 02/05/2014 3:22:39 PM PST by Amendment10
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To: 2ndDivisionVet


6 posted on 02/05/2014 3:33:24 PM PST by WashingtonSource
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To: 2ndDivisionVet
I apologize, I know I am talking to the choir. But, if you are one who will not participate in obozo care because you so dislike government shoving their tyrannical law down your throat and/or you don't make enough money to pay the unaffordable premiums and the deductibles that insurance companies have to charge re obozo care mandates and/or you are not wealthy enough to pay out of pocket for any catastrophic medical bill, you will likely be one of those whose life will be shortened as a result. This US government wins either way, you either pay or you die. That is exactly what obozo care is designed to do. (NWO/UN Agenda 21 designed to control the human population). My sense is that most feel helpless, afraid to unite and take necessary measures to stop this administration and congress as they continue to ravage all that too many Americans have died to defend and preserve for us, expecting that we would do the same in defending this nation when necessary against such tyrants as is currently in DC so we too can pass on a free America to our future generations. If the people of this country won't take control of this government then I suggest this country is really going to be effed if/when martial law is declared or an enemy attacks us to take us over. Just my opinion.
7 posted on 02/05/2014 3:52:48 PM PST by drypowder
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To: 2ndDivisionVet

The Democrats have finally achieved their objective.

Involuntary government dependence of the entire population.

8 posted on 02/05/2014 3:55:15 PM PST by headstamp 2 (What would Scooby do?)
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To: drypowder

My medical care has been from the US government since I was born (Military then Veterans Affairs) so I have already lived through what the rest of you will now experience.

9 posted on 02/05/2014 3:55:29 PM PST by 2ndDivisionVet (Jealousy is when you count someone else's blessings instead of your own.)
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To: headstamp 2

I do believe that their ultimate goal all along was and is to get 50+ percent of the population dependent on them so they will never lose another election. That is the whole drive for amnesty for the illegals. If they were projected to vote republican, they would all have been deported by now and our southern border would look like the Berlin Wall.

10 posted on 02/06/2014 5:04:05 AM PST by Texas resident
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To: dragnet2
Some people don’t quite grasp that...Of course those in government don’t give a damn as most of them still have those great lottery style government wages, benefits and pensions...

The government is playing the drug dealer - giving a lot of "free stuff" until the time when it has enough control to start holding back on it and leaving itself in full control with the addicts just getting enough to subsist on. They think the gravy boat will never run empty, but they don't realize that Uncle Sugar will dam it to a trickle once the objective is met.

11 posted on 02/06/2014 5:26:47 AM PST by trebb (Where in the the hell has my country gone?)
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To: 2ndDivisionVet

He ignores the most important variable. That is the inflation multiplier that will be applied pretty much across the board that will inflate wages to pay for Obamacare.

If the inflation is not painless, it will occur in such a manner that what is really happening is not discernible.

Once the inflation begins, it will be applied to the present non elastic pricing a well.

Obamacare will get lost in the shuffle

12 posted on 02/06/2014 5:35:15 AM PST by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: 2ndDivisionVet
Hey, that's great news!

Less money for people to piss away on firearms and ammunition. /s

13 posted on 02/06/2014 6:37:27 AM PST by OKSooner ("As the riders went on by him, he heard one call his name...")
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To: trebb

Wrong...To buy drugs one must find the drug dealers and pay money. It was their decision to do so...

Government is even more evil...

Fedgov winked and nodded as thousands of business went to Communist China....Free trade was one big con-job...Then the fed crime bosses borrowed trillions from the Communist....

While at the same time corrupt biggov aided and abetted and rolled out the red carpet for of millions of low wage illegals...So many it’s undermined and compromised our electoral process.

Did anyone think this would end well for the American lower and middle class?

For years now American wages and full time jobs have been stagnant and nose diving as they’re now forced to compete with millions of these criminals who ignored our rules and broke our laws...Many now compete for part time 9 dollar an hour jobs with no benefits....Millions of others just gave up and went on biggov handouts.

None of this was a mistake...

14 posted on 02/06/2014 10:08:03 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
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