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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (164608)2/4/2014 10:04:08 AM
From: locogringo  Respond to of 224722
 
Everett fixing Charleston's 787 snafus

Maybe they should be given obamacare to fix up or dump it?



To: Kenneth E. Phillipps who wrote (164608)2/4/2014 10:40:10 AM
From: locogringo1 Recommendation

Recommended By
Honey_Bee

  Read Replies (1) | Respond to of 224722
 
obamacare......great for the economy (if you like welfare and food stamps)


CBO nearly triples estimate of working hours lost by 2021 due to Affordable Care Act

A historically high number of people will be locked out of the workforce by 2021, according to a report by the Congressional Budget Office released Tuesday.

President Barack Obama's signature healthcare law will contribute to this phenomenon, CBO said, citing new estimates that the Affordable Care Act will cause a larger than-expected reduction in working hours - eliminating the equivalent of about 2.3 million workers in 2021 versus a previous estimate of an 800,000 decline.


(Read more: A Medicare program reaps $380 million in savings, officials say)

"CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 to 2 percent during the period from 2017 to 2024, almost entirely because workers will choose to supply less labor — given the new taxes and other incentives they will face and the financial benefits some will receive," said the report.

—By Reuters