Posted on 05/16/2014 12:54:58 PM PDT by ThethoughtsofGreg
NBER Report: Medicaid Expansion Reduces Incentives to Work Sean Riley | May 15, 2014 | Add a comment
A working paper released this month from the National Bureau of Economic Research concludes that public insurance programs reduce incentives to work for low-income childless adults—precisely the population Medicaid expansion under the Affordable Care Act targets.
The paper comes on the heels of the widely-cited February 2014 Congressional Budget Office report estimating that the ACA, including Medicaid expansion, would cause a decline of 2.5 million full-time-equivalent employees by 2024. In that case, proponents of the ACA defended the findings by arguing it meant more Americans would be able to pursue their dreams. The economist whose work the CBO relied on in the report roundly dismissed such claims—“I don’t know what their intentions are, but it looks like they’re trying to leverage the lack of economic education in the audience by making these sort of points.”
(Excerpt) Read more at americanlegislator.org ...
Re: “Medicaid expansion would cause a decline of 2.5 million full-time-equivalent employees by 2024.”
And a 2.5 million increase in Democrat voters.
“Medicaid Expansion Reduces Incentives to Work”
Gee! Ya think!!??
Well, it was published in American Legislator magazine. It probably is news to them.
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