|
Lucylastic -> RE: CBO: Obamacare will cost the US 2.3 million jobs (2/5/2014 4:25:38 AM)
|
cantor tells bogus facts, obviously was fed lines by his staff and made him look like a twat
CBO and fact check point out his little bogus mistakes.
http://www.factcheck.org/2014/02/the-aca-losing-job-vs-choosing-not-to-work/
And Im here to give the link to the actual CBO report
http://www.cbo.gov/sites/default/files/cbofiles/attachments/45010-Outlook2014.pdf
Page 117
CBO, Feb. 4: The estimated reduction stems almost entirely from a net decline in the amount of labor that workers choose to supply, rather than from a net drop in businesses’ demand for labor, so it will appear almost entirely as a reduction in labor force participation and in hours worked relative to what would have occurred otherwise rather than as an increase in unemployment (that is, more workers seeking but not finding jobs) or underemployment (such as part-time workers who would prefer to work more hours per week).
Page 125
In CBO’s judgment, there is no compelling evidence
that part-time employment has increased as a result of
the ACA. On the one hand, there have been anecdotal
reports of firms responding to the employer penalty by
limiting workers’ hours, and the share of workers in parttime
jobs has declined relatively slowly since the end of
the recent recession. On the other hand, the share of
workers in part-time jobs generally declines slowly after
recessions, so whether that share would have declined
more quickly during the past few years in the absence of
the ACA is difficult to determine.21 In any event, because
the employer penalty will not take effect until 2015,
the current lack of direct evidence may not be very
informative about the ultimate effects of the ACA
But it IS amazing that nobody on the right has mentioned the million of unemployed who just lost their benefits, and agree with the texas congress idiot(pete sessions) who stated "it would be "immoral" to extend benefits to the longterm unemployed."
and that number grows by 70,000 a week and stands at 1.6 million affected.
|
|
|
|
