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CBO: health care law (Obamacare) will reduce jobs by 2 million
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Posted on 02/04/2014 9:09:41 AM PST by Red in Blue PA

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Gotta love how they do not call it obamacare.
1 posted on 02/04/2014 9:09:41 AM PST by Red in Blue PA
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To: Red in Blue PA

As far as I can tell “The Affordable Care Act” is anything BUT affordable…...


2 posted on 02/04/2014 9:13:15 AM PST by basil (2ASisters.org)
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To: Red in Blue PA

The Congressional Budget Office is perhaps the only honest agency left in government. I am truly amazed that it hasn’t been corrupted or shut down.


3 posted on 02/04/2014 9:13:28 AM PST by Leaning Right (Why am I holding this lantern? I am looking for the next Reagan.)
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To: Red in Blue PA

ONLY two million? I think they’re low-ballin’ it!


4 posted on 02/04/2014 9:15:30 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Red in Blue PA

ONLY two million? I think they’re low-ballin’ it!


5 posted on 02/04/2014 9:15:51 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Red in Blue PA

And that equates to 2 million more not contributing only sucking an economy already headed down. Nah, this won’t exacerbate that!


6 posted on 02/04/2014 9:16:02 AM PST by diverteach (If I find liberals in heaven after my death.....I WILL BE PISSED!!!)
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To: Red in Blue PA

The Affordable Care Act will reduce the number of full-time workers by more than two million in coming years....

__________________________________________________

Yet the number of part-timers may increase. And when the Obama-bots look at the big picture, they can claim unemployment is down, see?

It looks like the only way for ObamaCare to succeed is to get rid of the full timers (and their group insurance benefits) and have a nation of part time WalMart employees who must have ObamaCare, or else.


7 posted on 02/04/2014 9:17:13 AM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Red in Blue PA

Calling unaffordable Obamacare affordable is ludicrous. There are more people without insurance now than when Obamacare began, and as it begins to affect smaller businesses, that number will go up. It isn’t a matter of choice when people can’t afford it. If the GOP would stop being sidetracked by unimportant issues, like the legal status of illegals, there is a gold mine of votes to be extracted out of fed up Americans.


8 posted on 02/04/2014 9:24:33 AM PST by pallis
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To: Leaning Right

I don’t know why you would think that. The CBO gave fantasy cost numbers for Obamacare that said it would reduce government spending. Everyone knew that their figures were bunk, but Obama used their bogus cost numbers as one of his main arguments for passing the law. The tax impact of 2 million lost jobs never figured into the CBO;s initial cost estimates and now seem like political cover for that organization as the true cost of Obamacare begins to emerge. Like the Bureau of Labor Statistics bogus numbers on unemployment, the CBO’s Obamacare cost numbers seem entirely political.


9 posted on 02/04/2014 9:37:09 AM PST by 3Fingas (Sons and Daughters for Freedom and Rededication to the Principles of the U.S. Constitution...)
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To: Red in Blue PA

Gotta love how they do not call it obamacare.


I prefer Democratcare now. Every single one of those goose stepping Dems needs to own this. Every job loss. Every cancer patient losing their insurance. All of it.


10 posted on 02/04/2014 9:37:27 AM PST by lodi90
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To: basil

“As far as I can tell “The Affordable Care Act” is anything BUT affordable…...” ACA is aka the Unaffordable Care Act.

My wife and I are both retired citizens. One of the things we do is to try and avoid traffic jams and crowds when we go out for lunch and to do our errands.

So, when we go out to lunch it is usually after the so called lunch hour, 12:45 pm to 1 pm.

Since the first of the year, we have noticed two interesting trends:

1. Even less people than normal in the good restaurants and better so called fast food places for lunch. Finding a parking place rarely occurs now.

2. Often, there is a what appears to be a mini rush hour re traffic from 1:30 pm to 2:30 pm, like we used to have after 3:30 pm and then 5 pm plus or minus a half hour. The drivers don’t appear to be going shopping or after school kids. Usually just a driver and no passengers, lining up at the traffic lights.

My wife knows many friends and others, who have had their work day hours cut to 4 to 6 hours per day. Even Walmart and other chains are cutting the daily hours for their employees since the first of the year.

A younger relative couple living in an East Bay county are seeing similar traffic patterns re a new mini rush hours. The husband is getting home about 15 to 25 minutes early. He said the end of the work day traffic is a lot lighter, and the going to work traffic is about the same. The wife usually does her shopping and errands from 2 to 3:30 pm before picking up their kids at school. She said that the traffic loads during that time are similar to past years’s after 3:30 pm.


11 posted on 02/04/2014 9:41:49 AM PST by Grampa Dave ( Obamacare is a Trinity of Lies! Obamaganda is failing 24/7/365! ObamaCare will fail 24/7/365!)
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To: Red in Blue PA

Business Insider on Yahoo Finance!

CBO: Obamacare Will Lead To 2 Million Fewer Workers In The Labor Force By 2017

http://finance.yahoo.com/news/cbo-obamacare-lead-2-million-154956476.html

The Congressional Budget Office on Tuesday said that the Affordable Care Act will contribute to the equivalent of 2 million workers out of the labor market by 2017, as employees work fewer hours or decide to drop out of the labor force entirely.

The CBO revised much of its outlook on the Affordable Care Act in a new report released Tuesday.

http://cbo.gov/sites/default/files/cbofiles/attachments/45010-Outlook2014.pdf

—snip—


12 posted on 02/04/2014 9:51:29 AM PST by NormsRevenge (Semper Fi)
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To: Red in Blue PA

It really needs be called “DemocratCare” opposed to “Obamacare” as calling it “Obamacare” puts it on him, NOT the party that is behind it.

The Democrat Party with their agenda hides behind figureheads leaving them to take the blame, or the awards so they can dodge the blame, but revel in the awards if successful.


13 posted on 02/04/2014 9:51:42 AM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will. They ALL have fairies livin' in their trees.)
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To: Red in Blue PA

2 million jobs lost ? hell, when they drop out of the work force, we’ll be at full employment


14 posted on 02/04/2014 10:15:59 AM PST by stylin19a (Obama -> Fredo smart)
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To: Red in Blue PA
Interesting:

The reduction in employment from the health care law “includes some people choosing not to work at all and other people choosing to work fewer hours than they would have in the absence of the law,” the CBO said.

15 posted on 02/04/2014 10:18:17 AM PST by Conscience of a Conservative
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To: Red in Blue PA

The CBO is saying this because they don’t like having a black President.


16 posted on 02/04/2014 10:18:59 AM PST by Mashood
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To: Red in Blue PA

This turd of a law passed in 2010 and CBO just figured out that this law is a turd.


17 posted on 02/04/2014 10:19:04 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Red in Blue PA

18 posted on 02/04/2014 10:20:20 AM PST by AngelesCrestHighway
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To: Red in Blue PA
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The report is inaccurate by understatement. More than 2,000,000 jobs will be lost.

The creation of JOBS creates the need for MORE jobs, as the increased demand created by the initial employment causes the need for more employment.

19 posted on 02/04/2014 11:27:04 AM PST by SoFloFreeper
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To: NormsRevenge

By 2017? It’s already cost more then 2 million people their jobs.


20 posted on 02/04/2014 11:47:42 AM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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