CBO: Obamacare May Result in 2 Million Fewer Full-Time Workers (rating, retirement, income)

[MrClose]

Originally Posted by bluesjuke

The CBO is lying?

In a way .. they are.

They didn't bother mentioning the potential loss of jobs when the Individual Mandate for small businesses kicks in!

THAT is when the libs (who actually Work) will start the wailing and gnashing of teeth.

[RaymondChandlerLives]

The CBO report pretty much ruined the GOP smear campaign against Obamacare. Ground it to bits.

[HappyTexan]

Originally Posted by middle-aged mom

And the report said "it would be the result of Americans choosing not to work, for various reasons".

With 76% of Americans living paycheck to paycheck I can't see how they would want to cut back in hours or just outright quit.

[pghquest]

Originally Posted by DJboutit

This has been posted before and debunked as a lie already

It hasnt come close to being debunked as a lie..

Originally Posted by greywar

Sigh. even Paul Ryan debunked this.
Paul Ryan Fact-Checks Republicans On Obamacare Job 'Costs'

Even he cant handle the level of rhetoric and dumb.

The CBO falls under the office of the President

And your own link validates it as true.

its indeed not 2 million fewer workers, its bout 92,000,000 FEWER HOURS, which = about 2.3 million full time employees.

Yeah, whats a hundred million lost working hours...

[tinman01]

White House: It's A Good Thing That Obamacare Will Drive 2.5 Million Americans Out Of The Workforce - Forbes
So 2 to 5 million people not working full time is good? Not according to the CBO. That is less in tax revenue, more needing assistance. Nearly 3 times the original estimate!!!!!!!!!!! NICE.

[pghquest]

Originally Posted by middle-aged mom

And the report said "it would be the result of Americans choosing not to work, for various reasons".

For various reasons related to ACA.. Not in general.. Its an ACA report

[HappyTexan]

Originally Posted by AlabamaDem

by all means, quote where the article corrects me ?

It was there this morning because they did report jobs rather than hours.
But this is what they have now at the bottom:

"This post has been updated."

[stoutboy]

The republican outrage is rich: "how dare you not work in the crappy jobs provided by the 'job creators', now that access to health care no longer holds you hostage!" I bet the plantation owners used similar logic on their former slaves.

So much for the 'right to work'. (Which inherently implies a right not to).

[pghquest]

Originally Posted by AlabamaDem

so quote where the CBO says 2 to 5 million people will leave the workforce ?

It doesnt, it says the number of hours lost will be equivilant to 2.3 million people losing their full time jobs.

Thats 92,000,000 HOURS of lost productivity, 92,000,000 hours of lost tax revenues, 92,000,000 hours of more people needing governmental assistance, 92,000,000 hours of people lowering their work to get subsidies etc..

It could be 18,400,000 reducing their hours worked by 5 hours a week...

The net result is LOST productivity, and normally businesses would hire employees to makeup the difference..

Why arent they?

[HappyTexan]

Well that CBO report just killed off the "crisis" about not enough jobs and not high enough wages didn't it ?
Are we at Utopia yet ?