Fox News reports the lose of 2 million jobs "in the coming decade." Wrong. Its going to happen before Obama finishes his presidency - just ask the CBO.

<<<< Job creation?  Yes !!!  No work available?  Even better.  You Progressives must be proud.  You finally control a nation in which making sense counts absolutely nothing.  And you all laugh at us "anti-intellectual" Right Wingers

Obamacare will push the equivalent of about 2 million workers out of the labor market by 2017 as employees decide either to work fewer hours or drop out of the job market altogether, according to estimates released Tuesday by the Congressional Budget Office.

The analysis set off a furious debate in Washington. The White House argued that the reduction is positive because it means Americans will forgo jobs or extra work to stay home with their children or strike out on their own as entrepreneurs. Republicans, however, said the report amounted to an “I told you so” moment and that subtracting the equivalent of 2 million workers can’t be good for the economy.   The CBO said the number of workers dropping out of the labor force will grow from 2 million in 2017 to 2.5 million by 2024.

Although part of those numbers are attributed to job cuts, the vast majority represent workers who decide it makes more sense to stay home or work fewer hours, weighing the higher taxes they pay in the workforce versus their qualifications for benefits if they drop out . . . . . .    


Read more:
 http://www.washingtontimes.com/news/2014/feb/4/cbo-obamacare-push-2m-workers-out-labor-market/#ixzz2sSKWHjzU 

Editor's notes:  I posted on this just yesterday  . . . .  same story,  same excerpt.   What I did not expect was the Administration's response.  Incredibly,  the Progressives are celebrating the new freedom of the American people,  to pursue their dreams apart from the apparent need to earn a living!!  Good grief.  

No concern,  no sense of defeat and no need to change the circumstances that will drive these people away from the workforce.  Time for a little leadership that is not based in sheer buffoonery.  

The following video,  an idiot's prediction about job creation resulting from ObamaCare,  was made by Pelosi before the signing of Obama in 2010.  Back then,  she thought job creation was a positive.  Now,  today, she and her other impostors,  have changed their tune,  not because of a core belief,  but because they continue to believe they can say anything and the people will believe them.  



Job creation?  Yes !!!  No work available?  Even better.  You Progressives must be proud.  You finally control a nation in which making sense counts absolutely nothing.  And you all laugh at us "anti-intellectual" Right Wingers.  

2 comments:

  1. Would you expect any less from Fox Noise?
    http://www.washingtonpost.com/blogs/fact-checker/wp/2014/02/04/no-cbo-did-not-say-obamacare-will-kill-2-million-jobs/

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  2. I wouldn't expect Smithson or Fox News viewers to understand anything more that a BS Obama bashing headline. Ankle biters will soon die off.

    http://www.latimes.com/business/hiltzik/la-fi-mh-cbo-20140204,0,3106578.story#axzz2sSxZIKG3

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