Skip to comments.WH: When you think about it, 2.5 million fewer people working because of ObamaCare is good news
Posted on 02/04/2014 9:27:55 PM PST by 2ndDivisionVet
Im done, guys. If weve reached the stage of welfare-state decadence where its a selling point for a new entitlement that it discourages able-bodied people from working, theres no reason to keep going. Weve lost, decisively.
As a great man once said, remember me as I am filled with murderous rage.
In a statement and conference call featuring top administration officials, the White House tried to beat back an emerging narrative that the CBO report supported claims made by health care reform critics. The CBO report says the Affordable Care Act could lead to a reduction of 2 million full-time workers between 2017 and 2024. The CBO says the reduction would not come via fewer available full-time jobs (as critics of the law have alleged) but almost entirely from a net decline in the amount of labor that workers choose to supply.
To put that in context, I have no doubt that if we eliminated Social Security and eliminated Medicare, there would be many 95-year-olds that would choose to work more hours than theyre working today just so they could survive, feed themselves and have health insurance, the official said.
The CBOs projected reduction in full-time workers, then, shouldnt be a significant cause for surprise and it reflects the fact that workers have a new set of options and are making the best choices that they can choose to make for themselves given those options, the official said.
In other words, its not that employers will be offering 2.5 million fewer jobs. Its that ObamaCare, by subsidizing low earners and expanding Medicaid for the very poor, will incentivize 2.5 million people not to work. Or, if you prefer:
Steven Dennis ✔ @StevenTDennis
The message from this WH presser: ACA gives workers
more choices, including the option to work less.
1:25 PM - 4 Feb 2014
19 Retweets 3 favorites
Billions upon billions of dollars in economic productivity up in smoke as workers whove stuck with their jobs for the health insurance quit and take a subsidies check from Uncle Sam instead. To the White House, which otherwise bleats about growth at every opportunity, this is a feature of the law, not a bug. WaPos fact-checker even rushed out a piece this afternoon in defense of their position. The laws not destroying 2.5 million jobs, says Glenn Kessler, its merely inviting 2.5 million employees to quit. How much does it matter to growth, though, if the labor force shrinks on the demand side versus the supply side? Will all, or most, of the vacated positions be filled by younger workers or will they evaporate as businesses downsize (or close down)? If giving people more choice in whether to be employed or not is now our cardinal social good, we might as well go for a guaranteed minimum income and clear out all the wage slaves. Lets see how small we can get the labor force before the wheels come off the economy.
Dont act surprised, either. Nancy told you this was coming. Look on the bright side: If fewer people working is a sign of economic success, the Obama presidency will be remembered as a golden age.
LIBs/DIMs are truly insane.
Yeah, yuck it up morons. That 2.5 million you are blowing off might constitute 2.5 or at half that number, 1.2 million disgruntled citizens marching on DC to drag the bastards out and put them out of their jobs. Go ahead and keep announcing to the country that 2.5 million of them don’t matter.
Well, is this not the goal of all Communist? Make everyone a ward of the state so that they pledge allegiance to dear leader?
The effects of a killer lib-nado vortex.
Well, if you still have a job, please work some extra hours. There’s a lot of people on the government dole relying on you.
The world has turned upside down!
Everyone should just quit working and let the rats take care of them!They will with a shovel and a coffin.
Nancy Pelosi said if someone wants to quit working and become a full time guitar player, they can get insurance through obamacare. She actually said it.
Yep. Cloward Piven.....and so it begins.
We know you can do it! America will believe whatever you tell it to believe.
When you think about it that is 2.5 million people that we might be able to convert to conservative gun owning TEA Party radicals. So maybe it is good news.
The spin that should live in infamy was Jay Carney today calling freedom a “buzzword”.
...oh, wait, 0bama did get the Stimulus package. Whew!
I feel a song coming on.
This was the first act. Did you know that?
This makes no sense...getting subsidized health insurance, which maybe you didn’t even have in the first place, does not make up for not having a job. This is just going to bring on more welfare to cover these people who’ve been thrown out of work.
“LIBs/DIMs are truly insane.”
* this law is still happening
* “smart” people are serious about it
* the GOP doesn’t rescind funding TODAY
* we all know it’s going to get worse
* all our most personal information will be allowed to be hacked immediately
I was thinking more along the Kristofferson line, “freedom’s just a buzzy word for nothing left to lose...”
Saw him on tour a couple of years back.
Come to think of it, “nothing left to lose” appears to be the administration’s plan for us.
They also seem to fail to grasp that most of those who were “trapped in their jobs for insurance reasons” will, instead, be trapped in their jobs earning the money to pay their spiffy new insurance premiums and co-pays.
I’m one of the 2.5 ready to march.
LIBs/DIMs are truly insane.
Oh I don’t believe that at all. I think they are very smart. I said to myself, “Finally some really negative news about Obamacare” while watching the news and then the White House comes out with “people are finally going to retire or work at a job that they enjoy rather than have to work just for health care”. I thought dang it those low info voters are going to eat that up. We need to combat the “feel good” BS that the White House puts out. They always come up with these outlandish statements that people believe. Republicans have NEVER been able to do that.
They also seem to fail to grasp that most of those who were trapped in their jobs for insurance reasons will, instead, be trapped in their jobs earning the money to pay their spiffy new insurance premiums and co-pays.
Nope. If you hate your job, then you quite and get subsidies and you are good to go according to them. Who on Earth is going to quite their job to “save” at most 12,000 a year in Health Care Savings. The Administration must think people are stupid .well I guess they are right.
What’s a 12 thousand buck a year savings on a zero income net out to? Maybe “new math” doesn’t cover that kind of stuff.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.