Then they keep trying one after another distortions as scare tactics . . . remember "death panels?" And dozens of subsequent flailings against what they've convinced themselves is evil personified.
Yesterday it was "bailouts for insurance companies." Today, it's: "job killer" -- an out and out lie, a patent, deliberate distortion of a report from the Congressional Budget Office.
The report predicts that as many a 2 million people may exit the work force over the next 10 years as a result of the benefits of Obamacare. It goes on to explain that this is not due to businesses deciding to employ fewer people because of the cost of health care - which is another issue Republicans falsely claimed in the past, and since debunked.
No. The report makes clear that the prediction has to do "almost entirely" with people who have jobs but who decide to give them up for various reasons.One example is jobs people have held on to simply because they would lose health care insurance if they quit, because a family member has pre-existing conditions. Obamacare removes that threat. So you don't have to stay in a terrible job for that reason.
Some people decide to take early retirement -- or decide for one spouse to stay at home with the kids -- now that they can get affordable, private health insurance. Another factor for some is that they would lose federal subsidies for their health insurance if their income goes just a little higher, so that the net is a financial loss to them. But this is true of any means-tested assistance program.
These are rational reasons for making decisions to leave existing jobs voluntarily. The ACA does not kill jobs or eliminate jobs.But Republican House Majority Leader Erik Cantor falsely claims that the report says "millions of hard-working Americans will lose their jobs." That is simply, patently false -- just read the report. Cantor should be ashamed of himself.
No. The report says that it may reduce the number of people in the work force who make voluntary decisions not to continue working. But they will not then enter the ranks of "unemployed."
In fact. those jobs will now be available to others who need jobs, which will actually reduce unemployment a bit.One more time, to be perfectly clear: This is about workers' voluntary choices, It has nothing whatsoever to do with losing jobs.
Ralph
PS: Good news about the ACA: Thus far, premiums for insurance exchange plans are coming in at about 15% less than predicted.
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