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Message
CBO: Obamacare a bigger disaster than previously predicted
Posted on 2/4/14 at 9:31 am
Posted on 2/4/14 at 9:31 am
quote:LINK
The Affordable Care Act will also reduce the number of fulltime workers by more than 2 million in coming years, congressional budget analysts said in the most detailed analysis of the law’s impact on jobs.
The CBO said the law’s impact on jobs would be mostly felt starting after 2016. The agency previously estimated that the economy would have 800,000 fewer jobs as a result of the law.
The impact is likely to be most felt, the CBO said, among low-wage workers. The agency said that most of the effect would come from Americans deciding not to seek work as a result of the ACA’s impact on the economy. Some workers may forgo employment, while others may reduce hours, for a equivalent of at least 2 million fulltime workers dropping out of the labor force.
Posted on 2/4/14 at 9:33 am to Politiceaux
quote:Would those go into the jobs created category, or the jobs saved category?
The Affordable Care Act will also reduce the number of fulltime workers by more than 2 million in coming years,
Posted on 2/4/14 at 9:34 am to Politiceaux
i bet if MSNBC reports this, they won't use their super inflections when saying non-partisan before CBO...hell they may not say it at all
Posted on 2/4/14 at 9:38 am to Politiceaux
How was anyone supposed to know this would happen? The intentions were honorable, so it can't be Obama's fault. Those damned Republicans hate low-wage workers.
Posted on 2/4/14 at 9:41 am to SlowFlowPro
Based on what I've heard here, I'm sure the CBO hates Obama because he's black. Stick to the narrative, people.
This post was edited on 2/4/14 at 9:43 am
Posted on 2/4/14 at 9:42 am to Politiceaux
I like how the impact on jobs, the real news, is buried in the article
Posted on 2/4/14 at 9:43 am to Politiceaux
quote:
The Affordable Care Act will also reduce the number of fulltime workers by more than 2 million in coming years
quote:
“In its life,” Nancy Pelosi asserted, [Obamacare] “will create 4 million jobs, 400,000 jobs almost immediately.
Posted on 2/4/14 at 9:45 am to mtntiger
quote:Fox News caused this.
How was anyone supposed to know this would happen?
Posted on 2/4/14 at 9:46 am to Politiceaux
But the Keystone pipeline will only create 200 permanent jobs.
Posted on 2/4/14 at 9:47 am to Politiceaux
I think it's a dick move to attack somebody's faith like this on the PT. Orthodox Fundamentalist Liberals are entitled to believe in their Fairy Tales too. This kind of racist anti-Unicorn bigotry should not be allowed on this board.
Posted on 2/4/14 at 9:50 am to Politiceaux
Man Obama's gonna be mad when he reads about this in the news.
He will want to know "whose arse to kick".
He will want to know "whose arse to kick".
Posted on 2/4/14 at 9:50 am to Politiceaux
The party of no is the reason for its ultimate failure.
Posted on 2/4/14 at 9:50 am to Politiceaux
Washington Post is obviously an affiliate of Fox News. Phony story. Phony numbers.
Posted on 2/4/14 at 9:51 am to Politiceaux
For fuel for the pyre that is Obamacare. The Dems own this steaming pile of poo and hopefully voters respond logically at the polls in the upcoming elections.
Posted on 2/4/14 at 9:52 am to SlowFlowPro
quote:
i bet if MSNBC reports this, they won't use their super inflections when saying non-partisan before CBO...hell they may not say it at all
No way in hell MSNBC lets even one word be said about this on air.
Posted on 2/4/14 at 9:53 am to SlowFlowPro
quote:I was hoping I wasn't the only one who noticed that.
i bet if MSNBC reports this, they won't use their super inflections when saying non-partisan before CBO...hell they may not say it at all
Posted on 2/4/14 at 9:55 am to Erin Go Bragh
The irony is that the Obama Administration played a shell game with the CBO to get the supposed cost of the ACA under $1T to get the CBOs seal of approval for the legislation.
This is and will continue to be the biggest lie every perpetrated on the American public.
However, when lies go unpunished they will only grow in number and impact.
This is and will continue to be the biggest lie every perpetrated on the American public.
However, when lies go unpunished they will only grow in number and impact.
Posted on 2/4/14 at 9:55 am to Politiceaux
and let me be clear: i'm sure fox news does it (but in opposite circumstances, like saying non-partisan attached to this story), but i don't watch fox news, so i have no idea what their D2D operations are like
Posted on 2/4/14 at 9:56 am to RockyMtnTigerWDE
quote:
The party of no is the reason for its ultimate failure.
What?
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