The Boston Globe has finally reported the truth about Obamacare. The fact that it will cost millions of jobs, and reduce the hours of millions more. Here’s the story:
Several million people will reduce their hours on the job or leave the workforce entirely because of incentives built into President Barack Obama’s health care overhaul, the Congressional Budget Office said Tuesday.
That would mean job losses equal to 2.3 million full-time jobs by 2021, in large part because people would opt to keep their income low to stay eligible for federal health care subsidies or Medicaid, the agency said. It had estimated previously that the law would lead to 800,000 fewer jobs by that year.
The new findings could provide a new political weapon for GOP opponents of the overhaul, though the White House pointed out that the reduction would be due to voluntary steps by workers rather than businesses cutting jobs.
Conservatives have been saying this truth for years.