CBO: Obamacare will push 2 million workers out of labor market

CBO: Obamacare will push 2 million workers out of labor market. “…a major jump in the nonpartisan budget agency’s projections and it suggests the health care law’s incentives are driving businesses and people to choose government-sponsored benefits rather than work.” When this story runs in the Democrat-Media, the headline will be “CBO Taken Over By RAAAAAACISTS!”

This post was last modified on February 4, 2014

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (10)

  • Gotta get those nasty citizens out of the job market, to make room for illeg,.....er,...um,.....criminal trespassers. I keep forgetting we're not supposed to call them illegal aliens any more.

    • I hope you aren't offended, but I don't give a shit what we're not "supposed" to do, I'm calling them what they are, illegal aliens.

  • What's this?
    People losing their insurance because of Obamacare, people losing their full time status because of Obamacare, now, people losing their jobs completely because of Obamacare?
    Looks like Obama has finally reached his goal of creating a full welfare state.

  • You had better believe the so called "non-partisan" CBO will seriously underestimate these numbers as well.

  • As planned by comrade quagmire and his band of fools. Get more of the simple minded ones on the government tit and those who think for themselves and work, well "work will set you free" is the mind set of the nazi bastards in DC.

  • To Progressives, reducing the number of Americans working, and increasing the number of Americans on the dole, is a prime goal.

    • Exactly... if one researches the labor participation rate one finds that that number has been on a steady decline since the beginning of the recession- continuing throughout the "recovery". Cooking the unemployment stats to come up with U3 permits an illusion to be created that people are going back to work- and the criminally complicit media does report it that way for the most part- but we are in fact at the lowest participation rate since the late 70's- during Carter's recession and those good ol' days of stagflation.

      • Just an aside, but the 1 year waiver time-bomb that everybody in the media refuses to acknowledge is ticking down. Why little stories are starting to bleed in, like "unions outraged at new rules". Spent 4 or 5 minutes just now on a cursory search (oh, the .gov sites bury this stuff!) and the #s are staggering.

        [edit] Bring back the 'Misery Index'!