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"The world is moved along, not only by the mighty shoves of its heroes, but also by the aggregate of the tiny pushes of each honest worker.”
Helen Keller
CBO confirms Obamacare subsidies create disincentive to work harder
The CBO is predicting a loss of 1-2% of employee hours because workers choose not to lose the subsidies, as reported by Reuters(h/tBryan Preston)(full report embedded at bottom of post):
A historically high number of people will be locked out of the workforce by 2021, according to a report by the Congressional Budget Office released Tuesday.
President Barack Obama’s signature health-care law will contribute to this phenomenon, the CBO said, citing new estimates that the Affordable Care Act will cause a larger than-expected reduction in working hours—eliminating the equivalent of about 2.3 million workers in 2021 versus a previous estimate of an 800,000 decline.
Justification of this ‘benefit’ was that people who left jobs, to avoid loss of subsidies, would actually end up fulfilling their dreams in a career of their choosing.
“Opportunity created by affordable, quality health insurance allows families in America to make a decision about how they will work, or if they will work,” Jay Carney said
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Obamacare Train Derails At Sea World, Trader Joe’s, And Afl-cio
They hate me cuz I'm black. They hate me because of my Muslim, I mean, Christian faithI'll make them pay for this(Orlando Sentinel) SeaWorld Entertainment Inc. is reducing hours for thousands of part-time workers, a move that would allow...
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When A Guy Named James Hoffa Turns Against You. . .
WSJ: Union Letter: Obamacare Will ‘Destroy The Very Health and Wellbeing’ of Workers The roll out of President Obama’s health care reform package was always going to be tricky, with vehement opposition from his political opponents and pushback from...
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News On Obamacare Like That From Forever 21 Makes Obama Smile
This is addressed to you, you load of euchred fools. That would be you, 53%First the news:The predictions and fears of the Affordable Care Act’s adversaries have begun to materialize, specifically fears that the law will encourage employers to demote...
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Some Unions Grow Wary Of Health Law They Backed, Want Government Subsidies To Pay Their Insurance Plans
From the Wall Street Journal: Labor unions enthusiastically backed the Obama administration's health-care overhaul when it was up for debate. Now that the law is rolling out, some are turning sour. Union leaders say many of the law's requirements...
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Companies Are Cutting Back Hours, Avoiding Hiring, To Avoid Obamacare Mandate
It sure is great Barack Obama loves us so much that he gave us all Free Health Care. From the USA Today: Many businesses plan to bring on more part-time workers next year, trim the hours of full-time employees or curtail hiring because of the new health...
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