Thursday, February 06, 2014

Elitist lipstick on the CBO pig

Blog: Elitist lipstick on the CBO pig:
"The congressional number-crunchers, perhaps the capital's closest thing to a neutral referee, came out with a new report Tuesday, and it wasn't pretty for Obamacare.
The CBO predicted the law would have a "substantially larger" impact on the labor market than it had previously expected: 
The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated.
This will inevitably be a drag on economic growth, as more people decide government handouts are more attractive than working more and paying higher taxes."

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