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Thread: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

  1. #21
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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    Quote Originally Posted by Sgt Meowenstein View Post
    You people are a joke.
    going personal?

    LOL!

    how self respecting

    So, what was your point again?
    cbo says obamacare includes more than three quarters of a trillion in new taxes, fines, fees and mandates

    Director's Blog » Blog Archive » Additional Information on CBO’s Preliminary Analysis of H.R. 2

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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    We knew this over a year ago, along with the ridiculously high costs of the phony plan.

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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    Quote Originally Posted by The Prof View Post
    going personal?

    LOL!

    how self respecting
    Spare me. I couldn't care less what you think about me.

    Quote Originally Posted by The Prof View Post
    cbo says obamacare includes more than three quarters of a trillion in new taxes, fines, fees and mandates

    Director's Blog » Blog Archive » Additional Information on CBO’s Preliminary Analysis of H.R. 2
    I don't know what you're reading from your own link. But let's have a look:

    CBO and the staff of the Joint Committee on Taxation (JCT) have not yet developed a detailed estimate of the budgetary impact of H.R. 2, the Repealing the Job-Killing Health Care Law Act, which would repeal the major health care legislation enacted in March 2010. Yesterday, we released a preliminary analysis of that legislation indicating that, over the 2012-2021 period, the effect of enacting H.R. 2 on the federal budget as a result of changes in direct spending and revenues is likely to be an increase in deficits in the vicinity of $230 billion, plus or minus the effects of forthcoming technical and economic changes to CBO’s and JCT’s projections for that period.

    We have been asked to provide the revenue and direct spending components of that total. Extrapolating the estimated budgetary effects of the original health care legislation and accounting for the effects of subsequent legislation, CBO anticipates that enacting H.R. 2 would probably yield, for the 2012-2021 period, a reduction in revenues in the neighborhood of $770 billion and a reduction in outlays in the vicinity of $540 billion, plus or minus the effects of forthcoming technical and economic changes to CBO’s and JCT’s projections.
    So, according to your own link, the GOP's HR 2 (Repealing Health Care) legislation would add $230 billion to the deficit and decrease revenue by $770 billion. I don't know what point you're trying to make, but it appears that you've failed epically.


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    Educator Sgt Meowenstein's Avatar
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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    I'd like to get back to the original point that I challenged:

    Quote Originally Posted by ksu_aviator
    taxes have increased and jobs will be lost.
    We’re overtaxed right? Especially under that confiscatory socialist Barack Hussein Obama, who the Wall Street Journal called “a determined man of the left whose goal is to redistribute much larger levels of income across society.” Umm … not so much. This from the AP:

    Taxes too high?

    Actually, as a share of the nation's economy, Uncle Sam's take this year will be the lowest since 1950, when the Korean War was just getting under way.

    And for the third straight year, American families and businesses will pay less in federal taxes than they did under former President George W. Bush, thanks to a weak economy and a growing number of tax breaks for the wealthy and poor alike.
    For those of you keeping score at home, federal tax receipts this year are expected to be about 14.8 percent of GDP. By contrast that figure was 17.5 percent in tax cut warrior George W. Bush’s last full year in office. [See editorial cartoons about the economy.]

    And as Washington Monthly’s Steve Benen, who flagged this, points out:

    Of course, this is only looking at federal taxes, and doesn't reflect state and local taxes, but a USA Today analysis found last year that if we include everything -- federal, state, and local taxes, including income, property, sales, and other taxes -- the percentage of personal income that's paid in taxes is still at its lowest level since 1950.

    As Michael Ettlinger, head of economic policy at the Center for American Progress, said at the time, "The idea that taxes are high right now is pretty much nuts."
    Keep these statistics in mind when the great budget debate starts in the coming weeks and we start hearing about Obama the deranged tax raiser again.

    Under Obama Taxes Reach Lowest Level Since Truman - Robert Schlesinger (usnews.com)
    I'm sorry, what were you saying again? That Obama will raise taxes? That the health care law will lead to higher taxes? Let's say it does increase taxes a little. Considering that we're already paying the lowest in taxes since the 50's, would a little tax increase really kill you?


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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    Quote Originally Posted by Sgt Meowenstein View Post
    I'd like to get back to the original point that I challenged:





    I'm sorry, what were you saying again? That Obama will raise taxes? That the health care law will lead to higher taxes? Let's say it does increase taxes a little. Considering that we're already paying the lowest in taxes since the 50's, would a little tax increase really kill you?
    Are you really so clueless that you believe what you wrote or just think everyone else is a dope. Personal income taxes are down because PEOPLE ARE NOT WORKING.

    On another point that you and the CBO say HR2 would increase the deficit. The bill calls for cutting 500 billion of medicare waste and abuse. Does anyone believe that if Obamacare is repealed we will say that it is OK for fraud to continue? Does anyone believe that you can add 30 million consumers of anything without increasing supply that costs will not rise.

    A person would have to have their head totally up their a** to believe the assumptions that get us to the CBO savings.

    If the CBO is totally bound by the crappy assumptions given them and their job is just to add it up, get rid of the CBO and hire two clerks!

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    Educator Sgt Meowenstein's Avatar
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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    Quote Originally Posted by washunut View Post
    Are you really so clueless that you believe what you wrote or just think everyone else is a dope. Personal income taxes are down because PEOPLE ARE NOT WORKING.

    On another point that you and the CBO say HR2 would increase the deficit. The bill calls for cutting 500 billion of medicare waste and abuse. Does anyone believe that if Obamacare is repealed we will say that it is OK for fraud to continue? Does anyone believe that you can add 30 million consumers of anything without increasing supply that costs will not rise.

    A person would have to have their head totally up their a** to believe the assumptions that get us to the CBO savings.

    If the CBO is totally bound by the crappy assumptions given them and their job is just to add it up, get rid of the CBO and hire two clerks!
    Somebody is clueless alright. Are you sure you're not 'slightly conservative'? You sure have all of the idiotic rightie talking points down.


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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    Quote Originally Posted by Sgt Meowenstein View Post
    The entire law hasn't even gone into effect, and already it's a job-killing, deficit-growing, freedom-hating piece of legislation?
    Yes. It doesn't have to go into effect to be all of those things.

    It is a job killer: Will health care reform really cost 650,000 jobs? By how much is still up for debate, but there is no doubt in any one's mind...liberal or conservative...that the bill will cause a reduction in the work force. I.e. It kills jobs.

    It does contribute to the deficit: Health care reform: Where the money will come from - Mar. 20, 2010 Beyond the wild speculation of reduced health care costs (which won't materialize) and increased wages, the CBO still forecasts increased deficits beyond 10 years. The minor savings is based on unrealistic speculation and won't likely materialize.

    As for freedom hating, any time legislation forces people to do anything it is hard to label the legislation as anything other than freedom hating.

    LMAO...You people are a joke.
    Do you feel better pretending that I am a "joke"? That should make it easier to ignore facts.

    The cost of care going up has nothing to do with this law. Get real.
    Ok, let's get "real."

    Under this law, there are new or increased taxes on health care, developing medications, Medicare payroll, BCBS has been singled out for new taxes, insurers, employer provided benefits, investment income and more. When you tax medicine and insurance, those taxes are passed down to the consumer...you. New taxes + old costs = more than you are paying now.

    Comprehensive List of Tax Hikes in Obamacare

    By the way, under the Obama administration, you are paying less in taxes than you did under Bush. Taxes are at the lowest point since the 1960's. So, what was your point again?
    No I'm not. In fact, my withholdings went up this year...as a percentage. The overall decrease is due to the crushing debt that has eaten up all available capital and reduced profits and the workforce in the country. We collected fewer taxes because there was so much less economic activity. Even the Huffington Post agrees with me on that:

    Tax Revenues Post Biggest Drop Since Depression
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    Quote Originally Posted by Sgt Meowenstein View Post
    I don't know what point you're trying to make
    LOL!

    "CBO anticipates that enacting H.R. 2 would probably yield, for the 2012-2021 period, a reduction in revenues in the neighborhood of $770 billion"

    obamacare also cuts medicare HALF A TRIL while simultaneously expanding its membership massively, it burdens bankrupt states with TWO HUNDRED BIL of the bill, it double counts a QUARTER TRIL according to cbo, it does a QUARTER TRIL doc fix unpaid for, it significantly increases er traffic and costs, it greatly exacerbates a serious shortage of medicare-friendly doctors, and it's forced to exempt hundreds of too bigs in the first few months of implementation to keep the whole thing from crashing

    thanks for the opportunity to clarify

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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    Quote Originally Posted by washunut View Post
    Are you really so clueless that you believe what you wrote or just think everyone else is a dope. Personal income taxes are down because PEOPLE ARE NOT WORKING.
    It's not so much either one, I view most rhetoric like the Sgt's to be banking on the unwillingness of people to investigate it for themselves.

    Quote Originally Posted by washunut View Post
    On another point that you and the CBO say HR2 would increase the deficit. The bill calls for cutting 500 billion of medicare waste and abuse. Does anyone believe that if Obamacare is repealed we will say that it is OK for fraud to continue? Does anyone believe that you can add 30 million consumers of anything without increasing supply that costs will not rise.
    Apparently yes, but that seems acceptable to some who believe the rich should be tapped for their savings and they should pay for it because, well... they're rich.

    Quote Originally Posted by washunut View Post
    A person would have to have their head totally up their a** to believe the assumptions that get us to the CBO savings.

    If the CBO is totally bound by the crappy assumptions given them and their job is just to add it up, get rid of the CBO and hire two clerks!
    Too true!!
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  10. #30
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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    This news story is BS and disinfo, IMO

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