Mr. H.
Diamond Member
I bet you and those wingnuts who thanked your ill thought out post never did even think about the damage it will cost our economy with less hours. You and the other nuts have drank the Kool-Aid and will follow your Pied Piper right over the cliff. Fools....every one of you.Oh my Gawd.
This is disasterous.
This is horrible.
I better read about it to see exactly what is being said by the CBO.
The report also reduces CBO's original projection of 7 million people signed up for private health insurance through the state and federal exchanges by the end of 2014 down to 6 million people insured by the end of the year. Medicaid enrollment projections were reduced from 9 million people to 8 million people.
"Over time, more people are expected to respond to the new coverage options, so enrollment is projected to increase sharply in 2015 and 2016," the report said.
the report said decreased hours will be the choice of workers, not employers.
Health law could mean fewer full-time workers, CBO says
The ACA is cheaper than it expected.
It will "markedly increase" the number of Americans with health insurance.
The risk-adjustment provisions, which Congressional Republicans want to overturn as a "bailout" of the insurance industry, will actually turn a profit to the U.S. Treasury.
The CBO projects that the act will reduce the supply of labor, not the availability of jobs. There's a big difference. In fact, it suggests that aggregate demand for labor (that is, the number of jobs) will increase, not decrease; but that many workers or would-be workers will be prompted by the ACA to leave the labor force, many of them voluntarily.
As economist Dean Baker points out, this is, in fact, a beneficial effect of the law, and a sign that it will achieve an important goal. It helps "older workers with serious health conditions who are working now because this is the only way to get health insurance. And (one for the family values crowd) many young mothers who return to work earlier than they would like because they need health insurance. This is a huge plus."
Why the new CBO report on Obamacare is good news
-----------------------
Whew, for a second, I thought these right wingers weren't full of shit. Glad I was wrong.
From idiots who believe no minimum wage and no benefits is a recipe for economic success.
Punk ass ******.