Posted on 02/05/2014 10:13:49 AM PST by Timber Rattler
The head of the nonpartisan Congressional Budget Office delivered a damning assessment Wednesday of the Affordable Care Act, telling lawmakers that ObamaCare creates a "disincentive for people to work," adding fuel to Republican arguments that the law will hurt the economy.
The testimony from CBO Director Douglas Elmendorf comes after his office released a highly controversial report that detailed how millions of workers could cut back their hours or opt out of the job market entirely because of benefits under the health law.
The White House and its Democratic allies accused Republicans, and the media, of mischaracterizing the findings. But Elmendorf backed Republicans' central argument -- fewer people will work because of the law's subsidies.
(Excerpt) Read more at foxnews.com ...
Obama doesn’t want anyone to work. He wants everyone completely dependent on the government for their food, water, shelter, healthcare, and he will show you how you are going to pay for it on July the first.
Budget office chief: Budget office chief: ObamaCare creates disincentive to work, to work,
Budget office chief: ObamaCare creates disincentive to work and t the same time provides an obstacle to job creation.
In the Obama Administration they call this a “twofer”
Hadn't thought of the overtime implications, just think of all the 'new' jobs hard workers that are used to working OT will open up because they won't be willing to work that OT. It's bad enough that the OT hours are taxed at a higher progressive rate but the changes to your a-laughable care act cost could be dizzying. Surprised the economic wizards in the District of Criminals haven't used that angle yet... just a matter of time i suppose.
Nancy Pelosi said this when she told us that we had to pass it to find out what is in it. She said, "you can be an artist and not worry about insurance."
Workers don't really have a say whether they will work overtime or not. I am sure some employers will work with there employees, but it is not a requirement.
So, help me out here. If someone doesn't like their job, they can quit (they can do that now), go on welfare (for which we taxpayers will pay - can't they do that now), and still have health insurance (for which we taxpayers will also pay), and somehow that's a positive for the country?
What happens when there aren't enough working people (aka taxpayers) to pay for the beneficiaries (aka 0bama supporters; aka leeches)???
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Dear Editor:
I've never seen it stated as blatantly as on the front page of this morning's paper.
"That would mean losses equal to 2.3 million full-time jobs by 2021, in large part because people would opt to keep their income low to stay eligible for federal health care subsidies or Medicaid."
For over two generations we have been paying people to stay poor. For over two generations we have been paying never-married women to have babies. In the past these programs have been sugar-coated with terms like "compassion," while the inevitable consequences, poverty and single parenthood, were never mentioned.
Thank you for leaving off the sugar-coating and describing the real nature of these programs. Now that the truth is out, perhaps we can do something about eliminating these counter-productive programs.
Good one!
Legalize foreign nationals then we can a class of non-working citizens (only voting for a living) and a class of working non-citizens. Sweet.
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