![Lost_and_Found_wide_t_nv](https://i0.wp.com/www.travisagnew.org/wp-content/uploads/2013/12/Lost_and_Found_wide_t_nv-600x337.jpg)
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(In reference to GOP and Fox News raised libidos about 2.3 million labor force reductions over through 2024. There are many links in the following post. The links are included for sake of providing perspective how the poli/’social Right and media hounds have taken a CBO report and turned it into a political weapon while firing “blanks.” The Fox New link, Mediaite afternoon link and the NPR link respectivley provide the range of derangement to accurate information we seek as the central theme of this post.)
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Choose your fright.
Fox New Politics: “CBO: ObamaCare will reduce jobs by 2.3 million...
Washington Times: “Obamacare will push 2 million workers out of labor market: CBO”
Mediaite: CBO Report: Obamacare Will Reduce Fulltime Employment by 2.5 Million (11.32AM 2.4.2013)
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Mediaite reported on Washington Post Fact Checker. What a difference over a period of four hours: ( 3:44 pm, 2.4.2013).
WaPo Fact Checker: ‘No, CBO Did Not Say Obamacare Will Kill 2 Million Jobs’ by Matt Wilstein | 3:44 pm, February 4th, 2014
![]() Conservative critics of the Affordable Care Act have immediately and fervently latched onto one line from the Congressional Budget Office’s new 182-page report regarding the economic impact of Obamacare: “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.” But what exactly does that mean?
Washington Post fact checker Glenn Kessler has given “Three Pinocchios” to anyone claiming that means Obamacare will “kill” 2.5 million jobs over the next 10 years, as numerous commentators and writers have done so far Tuesday.
He points to the tweet below from the NRCC, but there have also been numerous others from Republican lawmakers:
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The crux of the issue lies in the reason for the reduction in worker hours, estimated to be “about 1.5 percent to 2.0 percent during the period from 2017 to 2024.” It is not, as some have suggested, because employers will stop hiring full-time workers, but because those workers will voluntarily decide to work slightly less. Essentially, it’s an issue of supply rather than demand. Kessler explains:
Because health care subsidies decrease as people earn more income, some may choose to work less in order to gain more. That is not the same as the government “killing” jobs. Or, as Kessler puts it in his conclusion:
Obamacare’s critics can claim that the equivalent of 2.5 million less full time workers in the system is bad for the economy, and many will make that argument. But Kessler and others laid out how saying that the CBO claims Obamacare will “kill,” “cut,” or generally eliminate jobs from the market over the next 10 years is patently false.
[photo via screengrab]
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Raw Story: http://www.rawstory.com/rs/2014/02/04...
Media Matters: http://mediamatters.org/blog/2014/...
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Re-blog via Creative Commons and The Daily Kos
Obama, he’s not president, as far as I’m concerned. He should be executed as an enemy combatant. …The Muslims that he is shipping into our country through pilots and commercial jets… This guy is a criminal and nobody’s stopping him. And the other thing is… Congress doing nothing that legally allows this moron to make decisions. He has no authority, none!
Look, everybody knows the lawlessness of this president. He picks and chooses which laws he’s going to enforce or not enforce. He does it by decree. …When he can’t create a law through Congress, then he gives us the …executive order. …When he can’t even get that done, then he uses foreign bodies. He uses the United Nations to try to change the laws in the United States.