Head of CBO just called Obamacare a "disincentive to work". Negates all the pathetic spin jobs the left has been attempting. http://www.foxnews.com/politics/201...chief-obamacare-creates-disincentive-to-work/
so you challenge the non-partisan CBO's assessment of the jobs lost? Share with me your own analysis, then.
So basically ACA "liberates" workers by encouraging them not to work or work less so they can receive subsidies and be more dependent on government. Do I get this right? You call this liberation? LMAO. How about other working ppl who pay the bill?
No, you don't get this right. If people still need money they will still have to work. But if there's a couple and one spouse makes 120K a year but works for themselves and doesn't have insurance, and the other spouse has a job that provides for their family's insurance this will allow one parent to to reduce their hours and spend time raising their children but still keep their insurance. It doesn't provide money for someone who just stops working.
The CBO said today that Obamacare creates a disincentive to work and that reduced labor supply will result in lower economic growth.
Health insurance isn't an indeal incentive for working, and holds people hostage in the workforce. If they're freed from it, that's a good thing. If they drop from the workforce as a result, that's fine. I don't really want to live in a society that forces people to work for healthcare. You can call that a disincentive relative to a system that incents people to work through hostage-taking, I suppose. Companies can fill those positions again if they need them, or become more efficient if they didn't. Our economy's efficacy isn't adversely impacted. I do think the law does have some negative impacts on labor, such as incenting part-time hires (which could be addressed by a Congress willing to optimize the existing system), but I don't really see any legs on a complaint that workers don't want to work.
Looks like, once again, republicans were for something before Obama decided he liked it as well Obamacare Finally Gives Workers The Freedom Conservatives Demanded Americans won’t be losing their jobs, but people who are only working to maintain access to their employer sponsored health insurance plans will be able to leave the workforce or work fewer hours because they can obtain coverage elsewhere. That’s a goal that prominent Republicans, conservative think tanks and policy analysts have supported for years: – “A lot of people change their jobs. So the tax benefit should change and go with them, and not be attached to their jobs. We want to address job lock. So, the key question that ought to be addressed in any health care reform legislation, is are we going to continue job lock, or are we going to allow individuals more choice, and portability to fit the 21st century workforce?” [Paul Ryan, 5/20/2009] – “Today, leaving a job or changing jobs means leav*ing behind the health insurance provided at the place of work. Individuals who wish to take a better job, change careers, or leave the workforce to raise a family or to retire early take substantial risks. [...] Under the McCain plan, which links tax breaks directly to individuals instead of to their place of work, individuals would no longer feel obligated to stay with their employers simply because they need to keep their employer-based health insurance. [Heritage Foundation, 10/15/2008] – “Of course there are a number of things that I like in health care reform that I’m going to put in place…. I also want individuals to be able to buy insurance, health insurance, on their own as opposed to only being able to get it on a tax advantage basis through their company.” [Mitt Romney, 9/9/2012] – “[T]he employer-based system leads to ‘job lock,’ whereby people are afraid to leave their jobs if they fall ill on the job, because switching plans could mean higher premiums or denial of coverage.” [Avik Roy, former health care adviser to Mitt Romney, 2/7/2012]
So you are seriously concerned about a reduced labor supply? Please tell us the possible ramifications of this.
^ texxx, will we have to ramp up a new guest worker program? Can we leverage your contacts in los Estados Unidos Mexicanos to make this hapen and avoid this terrible fate?
This doesn't increase unemployment. If anything, it reduces it. Did anyone bother to try to understand what the CBO actually said instead of reading headlines?
Heh - so you don't understand how the concept of unemployment works do you - or really, just what it is, at all? This is good to know on a go-forward basis.
In fact the CBO director said that Obamacare will increase employment Elmendorf added that the factor Van Hollen had identified was something CBO thinks "spurs employment and would reduce unemployment over the next few years." Here's the truth: Obamacare isn't a jobs killer. It's a jobs creator. The Republicans' dirty little secret is that this is something they've known all along; it's one of the reasons they've fought so hard to kill the law. It's one of the reason so many Republican governors and legislatures have refused participate. Economic sabotage has been one of the GOP's primary tactics against President Obama, and Obamacare opposition has been part and parcel of that.
