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CBO: health care law (Obamacare) will reduce jobs by 2 million
wash post ^

Posted on 02/04/2014 9:09:41 AM PST by Red in Blue PA

The Affordable Care Act will reduce the number of full-time workers by more than two million in coming years, congressional budget analysts said Tuesday in the most detailed analysis of the law’s impact on jobs.

(Excerpt) Read more at m.washingtonpost.com ...


TOPICS: Breaking News; Government; News/Current Events
KEYWORDS: 0carenightmare; abortion; aca; braking; cbo; deathpanels; fulltimeworkers; jobs; obama; obamacare; parttimeworkers; recession; unemployment; zerocare
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
Image and video hosting by TinyPic

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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To: NormsRevenge

US LOST 2 MILLION WORKERS IN 2013 (alone):

http://www.freerepublic.com/focus/f-news/3110460/posts

http://www.freerepublic.com/tag/layoffs/index?tab=articles


21 posted on 02/04/2014 11:50:26 AM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: FReepers; Patriots; FRiends






Keeping Free Republic Alive with YOUR Donations!

PLEASE Make Yours Today, Monthly if you can!

22 posted on 02/04/2014 11:54:36 AM PST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: Jim Robinson

I guess my personal boycott on drive thru burgers is working well.

WE ELECT folks to preserve protect and defend our way of life,, we get soggy fries and peed-off part-time food tenders.

The Founding Fathers would flip their wigs if they saw this debacle in action.


23 posted on 02/04/2014 11:56:13 AM PST by NormsRevenge (Semper Fi)
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To: Red in Blue PA

And the Obamacare lovers are loving this..why..because this is what they wanted..more people dependent on Govt...less people working, more people collecting Govt treats


24 posted on 02/04/2014 12:18:05 PM PST by Sarah Barracuda
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To: Red in Blue PA

This was in WaPo?


25 posted on 02/04/2014 12:37:53 PM PST by austinaero
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To: Red in Blue PA
Gotta love how they do not call it obamacare.

They're trying to distance Obama from the fiasco he created.

It won't work though. The name is as firmly planted in people's minds as 'Kleenex' is.
26 posted on 02/04/2014 12:39:15 PM PST by yorkiemom
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To: rockinqsranch; lodi90
DEMOCare as another freeper called it last week...
27 posted on 02/04/2014 1:24:25 PM PST by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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To: goodnesswins

“DEMOCare as another freeper called it last week...”

Good for that FREEPER. DEMOCRATCARE, DEMOCARE, whatever. Getting the point made that it’s the DEMOCRATS is what is necessary.


28 posted on 02/04/2014 1:35:00 PM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will. They ALL have fairies livin' in their trees.)
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How many temp jobs were added to facilitate the transition?


29 posted on 02/04/2014 1:47:46 PM PST by Gene Eric (Don't be a statist!)
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To: Diana in Wisconsin
ONLY two million? I think they’re low-ballin’ it!

Probably a reduction in the existing jobs - this isn't counting the countless number that will never be created because of this law.

30 posted on 02/04/2014 2:30:12 PM PST by Republican Wildcat
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To: SoFloFreeper

Even accepting the numbers, it is still a horrific result.


31 posted on 02/04/2014 2:36:00 PM PST by Republican Wildcat
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To: Red in Blue PA

ObamaCare was designed PURPOSELY to FAIL:

Hence, the Powers That Be will use their minions in the media to blame Health Insurance Companies, triggering the sheeple to DEMAND the government DO SOMETHING and Voila!!!

Single Payer: Just what the left always wanted anyway....


32 posted on 02/04/2014 3:35:17 PM PST by Le Chien Rouge
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To: Red in Blue PA

From 1999 to 2012...
Population growth: ~12.40% (+34,312,000)
Uninsured growth: ~27.18% (+10,249,000)
Government insured growth: ~51.25% (+34,390,000)
* Medicaid growth: ~86.10% (+23,550,000)
* Medicare growth: ~32.15% (+11,894,000)
* Military covered: ~37.78% (+5,176,000)

Drop the Military figures out of the numbers of government insured and growth drops only slightly to 49.87% as over 29.2 million joined the Medicaid/Medicare rolls.

If the ranks of the uninsured kept pace with population growth there would be nearly 5.6 million FEWER uninsured than there are. Obviously, there was legitimate basis for some concern over what market forces were driving people to opt out of all health insurance options, but the potential public-sector expenditure of paying for medical treatment of some subset of these uninsured was NOT AT ALL “the big problem” we needed to focus on.

If the ranks of the government insured, less military personnel, kept pace with population growth there would be almost 22 million FEWER government insured than there are. Glaringly obvious is that factors spurring the growing ranks of the government insured was — and remains — a public-sector expenditure issue FOUR TIMES GREATER than that represented by the potential medical expenses incurred annually among the totally uninsured. THIS is “the big problem” we should have had in our sights all along.

SOURCE:
http://www.census.gov/hhes/www/hlthins/data/historical/files/hihistt4B.xls


33 posted on 02/04/2014 4:32:33 PM PST by HKMk23 (The Superior Culture will prevail.)
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To: Diana in Wisconsin
ONLY two million? I think they’re low-ballin’ it!

Like every other number they lie about, it will be at least 10 times more than that.

34 posted on 02/04/2014 4:34:24 PM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Red in Blue PA
Every single idiot dem that voted for this country crushing law without even bothering to try and read it should be put in prison for life.
35 posted on 02/04/2014 4:50:11 PM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: Red in Blue PA
"CBO: health care law (Obamacare) will reduce jobs by 2 million"

Only 2 million? We must not be importing new workers fast enough?
36 posted on 02/04/2014 5:05:20 PM PST by clearcarbon
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To: Red in Blue PA
Only two million lose their jobs?

And there are only 12 million illegals in the U.S.

37 posted on 02/04/2014 6:16:16 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Red in Blue PA

Gosh...
Who’d’a’thunk it that the Washington Post, AND the CBO would be racists!!!


38 posted on 02/04/2014 11:05:01 PM PST by tcrlaf (Well, it is what the Sheeple voted for....)
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To: Red in Blue PA

So, Democratcare (using Lodi90’s term) gives people the freedom NOT to work! Let us shlubs who work pay for it!


39 posted on 02/05/2014 6:03:50 AM PST by Bushbacker1 (Molon Labe! (Oathkeeper))
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To: Red in Blue PA
Ted Cruz and Mike Lee were right from the get go: This nightmare needs to be repealed.

(...And yet the GOP's puppet master, the Chamber of Amnesty, is now opposed to repealing Obamacare, stating that Congress should be working to "fix the parts of Obamacare that can be fixed")...

40 posted on 02/05/2014 7:04:26 AM PST by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: Qbert
This nightmare needs to be repealed.

All that matters to the miscreants that shoved this suppository is the "victory" of its passing. It is no more "fixable" than pancreatic cancer.

41 posted on 02/05/2014 7:12:25 AM PST by windsorknot (>>>)
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To: Red in Blue PA

- The Unaffordable Queer’s Act


42 posted on 02/05/2014 9:08:06 AM PST by devolve ("He's just 'too talented' to do what 'ordinary people' do." "Barry of Bungle" "Homo Electus")
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To: Red in Blue PA
"Jobs?...You don't need no stinkin jobs!"
43 posted on 02/05/2014 9:34:43 AM PST by AngelesCrestHighway
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To: basil

No, it’s a POS if you are a person trying to start your own small business. Now, thanks to the ACA, you now have to insure employees, doesn’t matter if you have a big competitor like Wal-Mart in town, doesn’t matter if they are part-time either. That’s the problem with this administration and the Congress, they are upholding and leveraging big corporations and giving a great advantage in that direction.


44 posted on 02/08/2014 4:33:48 PM PST by Morpheus2009
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To: basil

Even the name is a lie. You would think a sitting US President pulling a scam on the American people like this would be enough for impeachment but noooo. What the hell does this fool have to do? Seriously, round up people and start executing them? Well he pretty much is doing that already isn’t he when you think about it. How many people have lost their insurance already? Millions? How many people so far have been turned away from life saving treatments because of that? How many have died? And these things posing as Republicans do absolutely NOTHING about it, they just keep allowing this Islamo Marxist Kenyan run amok with the lives of Americans.


45 posted on 02/10/2014 5:27:04 AM PST by GrandJediMasterYoda (Hitlery: Incarnation of evil.)
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To: GrandJediMasterYoda

In a word, we’re screwed!

Ok—that’s too words.

I blame a lot of this on both public education—and paying people to have kids out of wedlock.


46 posted on 02/10/2014 11:10:52 AM PST by basil (2ASisters.org)
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To: stylin19a

This is what “focused like a laser creating jobs” looks like.


47 posted on 02/11/2014 8:40:31 AM PST by TurboZamboni (Marx smelled bad and lived with his parents .)
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