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

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

    CBO Director Says Obamacare Would Reduce Employment by 800,000 Workers | The Weekly Standard

    CBO Director Says Obamacare Would Reduce Employment by 800,000 Workers

    Testifying today before the House Budget Committee, Congressional Budget Office (CBO) Director Doug Elmendorf confirmed that Obamacare is expected to reduce the number of jobs in the labor market by an estimated 800,000.

    Chairman [Paul] Ryan: [I]ts been argued...that the new health care law will create jobs and increase labor force participation. But if I recall from your analysis, it was quite the opposite. Is that not the case?

    Director [Douglas] Elmendorf : Yes....
    The CBO/Liberal God has spoken......all the Democrat lies about ObamaCare "creating jobs" have been exposed.......and The Largest Job Killing piece of Legislation in US History takes another one on the chin.
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    Re: CBO Director Says ObamaCare Would Reduce Employment by 800,000 Workers

    1. Yet another central PROMISE of Obamacare plays out false.

    2. Just like the representation that it would reduce COSTS.

    3. Just like the mantra-like claim that AMERICANS WHO LIKE THEIR CURRENT COVERAGE COULD KEEP IT.

    4. Why has Secretary Sebelius EXEMPTED eight hundred Too Bigs from the yearly cap requirement?

    5. Could it be because HHS recognizes that if it holds the SEIU's and McDonalds, et al, to the limits written in the law they will respond by simply DROPPING their employees?

    6. The politics AGAINST Obamacare are piling up prodigiously.

    7. It cuts Medicare's already overstrained and direly depended upon funding by a full HALF TRILLION dollars while simultaneously expanding its enrollment by millions.

    8. It imposes hundreds of billions of dollars of obligation on our already broken backed STATES in the from of expanded Medicaid.

    9. It cynically cuts another quarter tril out of its accounting by reckoning the DOC FIX off budget.

    10. It DOUBLE COUNTS another quarter tril, says CBO.

    11. It raises THREE QUARTERS OF A TRIL in new revenues---fines, fees, taxes, mandates---also according to CBO.

    12. It relies on TEN years of taxes vs only SIX of benefits to reach its bogus bottom line.

    13. Something like HALF of United States doctors are already refusing to treat new Medicare patients, who's gonna care for millions more?

    14. ER costs, which were supposed to decrease under Obamacare, prime PAYFOR for all this expansion, turn out actually to go up.

    15. And then there's THE MANDATE, ruled unconstitutional on behalf of 26 state AG's and opposed in the Senate by the likes of Claire McCaskill, Jon Tester, Ben and Bill Nelson, Joe Manchin, Jim Webb, Joe Lieberman...

    16. Never has America experienced major social reform CRAMMED down its gagging gullet without broad bipartisan backing, let alone via Senate RECONCILIATION.

    17. FDR enjoyed wide GOP support for Social Security, LBJ was backed broadly by Dirkson's delegation on Civil Rights and Medicare.

    18. Chickens come home to roost, someone once said.

    19. Republicans were sent to Washington and the state capitols in record numbers last November on the promise to REPEAL the poison.

    20. Try to foresee what's coming next, it should be somewhat obvious.

    Capitol Briefing - Senate votes to keep Medicare cuts

    Director's Blog Blog Archive Additional Information on CBOs Preliminary Analysis of H.R. 2

    Helping Americans Keep the Coverage They Have and Promoting Transparency | HHS.gov

    ER visits, costs in Mass. climb - The Boston Globe

    http://www.nytimes.com/2009/04/02/bu.../02health.html

    Senate passes 1-year doc fix - The Hill's Healthwatch

    Budget Office Rebuts Democratic Claims on Medicare (Update1) - Bloomberg

    Governors balk over what healthcare bill will cost states - The Boston Globe[/QUOTE]
    Last edited by The Prof; 02-10-11 at 05:57 PM.

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

    This can't be true. The Messiah told us that it would add jobs.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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

    Quote Originally Posted by Badmutha View Post
    The CBO/Liberal God has spoken......all the Democrat lies about ObamaCare "creating jobs" have been exposed.......and The Largest Job Killing piece of Legislation in US History takes another one on the chin.
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    Notice, he said reduction in the LABOR MARKET. There will be less jobs because the healthcare law will cause some people to drop out of the labor force early.

    A ‘Job-Killing’ Law? | FactCheck.org

    Yep, Weekly Standard always gives you the whole story! Btw i don't even support the law.

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

    Quote Originally Posted by StillBallin75 View Post
    i don't even support the law.
    few do, and those who do, if you listen to em, almost invariably support what they wished this law was instead of this repugnant pig in its current form which was CRAMMED down america's throat

    because if you did approve this pig you'd be signing off on half a T cuts to medicare while expanding it by millions, 200B burden on already bankrupt states, a quarter T doc fix off budget, a quarter T double counted according to cbo, THREE quarters of a T in new "revenues" according to cbo, ten years of taxes vs 6 of aid, the significant increase in er traffic and costs, the refusal of tens of thousands of doctors to take any more of these millions of new medicare and medicaid enrollees...

    why to you think kathleen sebelius EXEMPTED the eight hundred?

    what (two things) do you think might have happened if she hadn't?

    do you think she WANTED to let the seiu's go free?

    seeya in the courts, chums, in the capitols, in congress, in committee

    bring your lawyers

    and stay up

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

    Quote Originally Posted by The Prof View Post
    few do, and those who do, if you listen to em, almost invariably support what they wished this law was instead of this repugnant pig in its current form which was CRAMMED down america's throat

    because if you did approve this pig you'd be signing off on half a T cuts to medicare while expanding it by millions, 200B burden on already bankrupt states, a quarter T doc fix off budget, a quarter T double counted according to cbo, THREE quarters of a T in new "revenues" according to cbo, ten years of taxes vs 6 of aid, the significant increase in er traffic and costs, the refusal of tens of thousands of doctors to take any more of these millions of new medicare and medicaid enrollees...

    why to you think kathleen sebelius EXEMPTED the eight hundred?

    what (two things) do you think might have happened if she hadn't?

    do you think she WANTED to let the seiu's go free?

    seeya in the courts, chums, in the capitols, in congress, in committee

    bring your lawyers

    and stay up
    Okay dude, rock on.

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

    800,000 people compared to the tens of millions that will benefit from the healthcare plan

    What's your point doc?

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


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

    Quote Originally Posted by Animus View Post
    800,000 people compared to the tens of millions that will benefit from the healthcare plan

    What's your point doc?
    What's another 800K to 1M jobs... it's not like we have a high unempl.... oh wait.


    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed 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.


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

    Funny, we don't wanna believe the CBO when they tell us that Obamacare could reduce the deficit, which would be a good thing for Obama.

    But we do wanna believe it'll kill 800 000 jobs when they tell us, which is a bad thing for Obama.

    Odd that...

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