Explosive Report: How Obamacare Will Drive People Out of the Workforce

http://terrellaftermath.com/

The Foundry   "Obamacare moves people further away from jobs and shifts their health care costs to taxpayers. Good news or bad?

"The White House took up defensive measures yesterday after the nonpartisan Congressional Budget Office released a new estimate: Obamacare will cause the equivalent of 2.3 million people to stop working.

“ 'Double ouch,” said The Washington Post’s Chris Cillizza, outlining exactly what bad news this is for Members of Congress who voted for Obamacare.

"Why will people stop working or reduce their work hours? One word: Money." ...

Some of these distortions include incentives to reduce hours, not seek work, drop insurance coverage, drop dependent coverage, become divorced, or avoid marriage.

Elitist lipstick on the CBO pig

 "The congressional number-crunchers, perhaps the capital's closest thing to a neutral referee, came out with a new report Tuesday, and it wasn't pretty for Obamacare. The CBO predicted the law would have a "substantially larger" impact on the labor market than it had previously expected: The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated. This will inevitably be a drag on economic growth, as more people decide government handouts are more attractive than working more and paying higher taxes."