Tuesday, February 4, 2014

The wackiest thing this country ever did

 . . . is to enact Freedom-Hater-care.  Whether one calls this latest revelation about what a disaster it is an oopsie or highly effective planned decline, there's no arguing that it is indeed a disaster.

"CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 to 2 percent during the period from 2017 to 2024, almost entirely because workers will choose to supply less labor—given the new taxes and other incentives they will face and the financial benefits some will receive," said the report. 
"The reduction in CBO's projections of hours worked represents a decline in the number of full-time-equivalent workers of about 2.0 million in 2017, rising to about 2.5 million in 2024," it added.
The White House responded to the report, saying it does not show that Obamacare will reduce jobs. 
"CBO's findings are not driven by an assumption that ACA will lead employers to eliminate jobs or reduce hours, in fact, the report itself says that there is 'no compelling evidence that part-time employment has increased as a result of the ACA,'" said a statement from the White House. 
The CBO estimated last year that 7 million people would sign up for health insurance through Obamacare in 2014, but computer problems have now lowered their estimate by a million, The Wall Street Journal reported

Kill FHer-care before it kills America.

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