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This is great news!!??
We know that ObamaCare is going to raise taxes.
We know that ObamaCare is going to cause most people to be covered by the government, the people who give us failed education, the Post Office, can not win wars and Amtrak.
We know that ObamaCare has already started the death panels--assuring some women with breast cancer they will NOT be allowed life saving drugs.
We know that the ObamaCare "exchanges" will bankrupt the States trying to pay for this federal mandate.
Now we know this, "Congressional Budget Office director Doug Elmendorf said Friday that ObamaCare includes work disincentives likely to shrink the amount of labor used in the economy.
In a speech on ObamaCare’s economic impact outside the health care sector, Elmendorf said that those effects will primarily be related to the labor market and “will probably be small.”
Factoring in additional demand for workers in health care and insurance, CBO estimates that “the legislation, on net, will reduce the amount of labor used in the economy by roughly half a percent,” he said."
In others words, ObamaCare will cause unemployment--which will then ADD to the deficit due to less revenues.
Anything positive about ObamaCare? Not for the American people, only the unions and other special interests.
More...
We know that ObamaCare is going to raise taxes.
We know that ObamaCare is going to cause most people to be covered by the government, the people who give us failed education, the Post Office, can not win wars and Amtrak.
We know that ObamaCare has already started the death panels--assuring some women with breast cancer they will NOT be allowed life saving drugs.
We know that the ObamaCare "exchanges" will bankrupt the States trying to pay for this federal mandate.
Now we know this, "Congressional Budget Office director Doug Elmendorf said Friday that ObamaCare includes work disincentives likely to shrink the amount of labor used in the economy.
In a speech on ObamaCare’s economic impact outside the health care sector, Elmendorf said that those effects will primarily be related to the labor market and “will probably be small.”
Factoring in additional demand for workers in health care and insurance, CBO estimates that “the legislation, on net, will reduce the amount of labor used in the economy by roughly half a percent,” he said."
In others words, ObamaCare will cause unemployment--which will then ADD to the deficit due to less revenues.
Anything positive about ObamaCare? Not for the American people, only the unions and other special interests.
More...