Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (771839)	2/27/2014 3:35:45 PM
From: Wharf Rat	Read Replies (2) of 1574628

. "CBO has projected 2.5 FTE jobs will be lost; No; they projected that 2.5M FTEs would finally be free to say "take this job and shove it." It impacts the labor supply side, not job demand. The Affordable Care Act: Not jobs destroyed, but jobs opened Yes, by 2017, the CBO reports, the full-time equivalent of 2 million workers will choose to work less and 2.5 million by 2024. But in fact, this is extremely good news for American workers. Why? The emphasis should be on the word “choose.” Contrary to some of the initial reports you may have heard, 2 million jobs aren’t being “lost”; instead, people who may not want to work are ceasing to do so because they can secure health insurance without being employed. At the most basic level, having personal choice about your own labor market participation is a good thing. pbs.org

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