Cbo: Obamacare Will Kill 800,000 Jobs..obamacare, Two Years Later

[Mr. T]

CBO: ObamaCare Will Kill 800,000 Jobs

 

ObamaCare won’t just kill seniors whose lives are deemed to be cost-ineffective; it will also kill jobs:

 

 

Claims that Obamacare includes “death panels” sparked the ire of supporters of the law, who called the claim outrageous, but now — as Obamacare turns 2 years old — the Congressional Budget Office admits the law itself is going to kill the jobs of 800,000 Americans.

 

At a recent House Budget Committee hearing, CBO Director Douglas Elmendorf confirmed as much, saying that indeed “there would be a reduction of 800,000 workers.

 

As is so often the case, moonbattery hurts the very poor it pretends to pander to:

 

 

UBS Research predicted the “death panel” impact of Obamacare on jobs last fall, issuing a report (“Great Suppression II) in September 2011, saying that the medical insurance law is “aguably the biggest impediment to hiring (particularly hiring of less skilled workers).”

 

Obamacare also is straining state and federal budgets and because it raises the cost of labor, “healthcare reform systematically discourages hiring, especially of low-wage workers whose mandated benefits are high relative to their wages,” UBS said.

 

However, Obama will balance this by driving employers out of business with taxation and regulation, thereby making the poor more numerous and giving them a greater voice in government. Appallingly, most will continue to use this voice to destroy their own opportunities by electing socialists like Obama.

 

link

[MLD Woody]

This article just screams legitimacy...

 

From the shots about fake thibgs

to the constant connection of "death panels" to killing jobs

to the name of the website and their motto of "attacking media liberal bias"

[heckofajobbrownie]

We already went over this months ago. This is news from last year. The CBO said in February of 2011 that Obamacare will reduce the labor supply by 800,000, not that it will eliminate 800,000 jobs. They're two different things. Steve even yielded on this point, and saw that it was bullshit.

 

The board's right-wing constituency all learned something new that day. Except T. And Cal. But what do you expect, that they're going to take in new information?

[Mr. T]

prove it.

 

Not only will Commie Care cost jobs it is hitting everyone in the pocketbook. As of this year our Health care costs have doubled for the same coverage. And this is happening everywhere and to everyone.

 

You cannot excuse it just because heck says so.

[heckofajobbrownie]

T, I already did. In fact, I already explained this to you. That's how lost you are. We went over this the same time last year, and I corrected you then. And now you're back spreading the same bullshit.

 

You can re-read it all here.

[Mr. T]

It said it would reduce the supply of labor by about half a percentage point over ten years:

 

which equals 800,000 jobs

 

 

Plus will double the cost of healthcare insurance by the end of this year

 

I suppose you will still ignore the fact that the donks pushed this garbage through without reading the bill. But that is the nature of all progs. They dont give a shit if the costs skyrocket they will just print more money or borrow it from a communist country.

 

You guys are so stupid its unreal.

[heckofajobbrownie]

It really is something, isn't it? There's literally no use.

 

And T, health care premiums didn't double last year. The average rate of increase was around 8% or 9%, which is typical of the last two decades. You're saying they went up 100%. You're just a little bit off there. Just a smidgeon.

 

So, your entire post topic is wrong, even though you were already wrong about the same thing last year about last year, and still didn't learn about why you were wrong, so you were wrong about it again this year. And you're wrong about this too.

 

That's a lot of wrong.

[MLD Woody]

IDK where to put this but I thought this was funny

 

"About 7 percent — or 2,189 of 42,716 University students — cast ballots to fill vacancies and elect representatives in the Michigan Student Assembly last week during the two-day-long online election, which began last Tuesday at midnight."

 

So yeah, college kids are all about the vote, lol

 

 

 

Also, apparently we have a Defend Affirmative Action Party... that's BS

[calfoxwc]

Yes, Heck.

 

Obamaocare is going to cost TWICE AS MUCH.

 

We couldn't afford the FIRST estimate. We TOLD YOU it would be more - it was a

 

self-serving estimate based on the most beneficial criteria.

 

TWICE AS MUCH, HECK. Deal with it.

 

And please carry a pooper scooper when you walk your woodpecker.

[MLD Woody]

You guys need to realize that just because you say something over and over, that doesn't make it true

[Westside Steve]

You guys need to realize that just because you say something over and over, that doesn't make it true

That holds true for political campaign spin teams too.

WSS

[heckofajobbrownie]

So what's this then, Steve? Here you have a story that's a year old, that was wrong a year ago, being brought out again this week on the two-year anniversary of Obamacare/the death of freedom. And it's still wrong.

 

You can say your side is wrong every once in a while, you know. You can tell Cal and T that they've got their facts wrong. It won't hurt you. After all, you're not a campaign spin team. You just seem to think Reagan's 11th commandment applies to you, too. But it doesn't.

[Mr. T]

Yes! Prove it to T!

 

He wants facts!

 

He would never posts things that aren't facts, like say, some kind of list of opinions and lies labeled as facts. That is something he would never do!

 

And if he was ever asked to prove his statement with facts you know he would! He'd never just change the subject or ignore what you asked. Never!

 

You are a Joke Woody.

 

Back to the subject:

 

So the case of Obvama's Commie care goes to the supremes this week. If the communist law does not get overturned for being unconstitutional then it is time to start impeaching some judges for not upholding their sworn duty.

 

 

For Woodie and Heckless, the info about what the commie care law would cost sent to the CBO was based on lies from the donks.

[Mr. T]

Obamacare, Two Years Later

 

This week marks two years since of the passage of the Patient Protection and Affordable Care Act, and if the Obama administration has chosen to all but ignore the second anniversary of Obamacare, the rest of us should pause and reflect on just what a monumental failure of policy the health-care-reform law has been.

 

What’s more, it has been a failure on its own terms. After all, when health-care reform was passed, we were promised that it would do three things: 1) provide health-insurance coverage for all Americans; 2) reduce insurance costs for individuals, businesses, and government; and 3) increase the quality of health care and the value received for each dollar of health-care spending. At the same time, the president and the law’s supporters in Congress promised that the legislation would not increase the federal-budget deficit or unduly burden the economy. And it would do all these things while letting those of us who were happy with our current health insurance keep it unchanged. Two years in, we can see that none of these things is true.

 

For example, we now know that, contrary to claims made when the bill passed, the law will not come close to achieving universal coverage. In fact, as time goes by, it looks as if the bill will cover fewer and fewer people than advertised. According to a report from the Congressional Budget Office released last week, Obamacare will leave 27 million Americans uninsured by 2022. This represents an increase of 2–4 million uninsured over previous reports. Moreover, it should be noted that, of the 23 million Americans who will gain coverage under Obamacare, 17 million will not be covered by real insurance, but will simply be dumped into the Medicaid system, with all its problems of access and quality. Thus, only about 20 million Americans will receive actual insurance coverage under Obamacare. That’s certainly an improvement over the status quo, but it’s also a far cry from universal coverage — and not much bang for the buck, given Obamacare’s ever-rising cost.

 

At the same time, the legislation is a major failure when it comes to controlling costs. While we were once told that health-care reform would “bend the cost curve down,” we now know that Obamacare will actually increase U.S. health-care spending. This should come as no surprise: If you are going to provide more benefits to more people, it is going to cost you more money.... This failure to control costs means that the law will add significantly to the already-crushing burden of government spending, taxes, and debt....

 

Next week, Obamacare will slouch its way to the Supreme Court. How the justices decide will be based on questions of constitutional law. Their decision will set a crucial precedent in setting the boundaries between government power and individual rights. But regardless of whether the Court upholds Obamacare or strikes it down, in whole or in part, we should understand that, simply as a matter of health-care reform, Obamacare is a costly and dangerous failure.

 

Source

[heckofajobbrownie]

Ha. And now we're talking about something different.

 

T, what about those 800,000 jobs you said Obamacare was going to kill? You still stand by this thread? You still think that's what the CBO was saying?

[MLD Woody]

You are a Joke Woody.

 

 

You, Cal and Bunker are fantastic material

[Westside Steve]

So what's this then, Steve? Here you have a story that's a year old, that was wrong a year ago, being brought out again this week on the two-year anniversary of Obamacare/the death of freedom. And it's still wrong.

 

You can say your side is wrong every once in a while, you know. You can tell Cal and T that they've got their facts wrong. It won't hurt you. After all, you're not a campaign spin team. You just seem to think Reagan's 11th commandment applies to you, too. But it doesn't.

I don't actually know how much more obama care will cost.

Probably you don't either, but I expect it will be substantial.

By the end of june it might not matter anymore.

WSS

[heckofajobbrownie]

We're not talking about how much it costs, are we? We're talking about what the CBO said. We went through it a year ago. And now the same lie is back, masquerading as truth.

 

You seemed to accept it then, and do now. I'm wondering if T can accept new information. I'm not optimistic.

[Mr. T]

Heck we were told to except the lies that Pelosi and Reed told the CBO from the get go on HC.

 

 

You fail at the spin.

 

 

Also as noted I started the thread and I also included the costs of how Health Insurance has rose since the fools voted in this draconian legislation which has been based on a bunch of lies. And you refuse to acknowledge these Facts. Why is that Heck?

 

 

Don't you remember how this was labeled as Affordable Health Care? This is nothing more than another ponzi scheme where the end results is for the government takeover another indusstry while looting and taxing every citizen.

[Westside Steve]

We're not talking about how much it costs, are we? We're talking about what the CBO said. We went through it a year ago. And now the same lie is back, masquerading as truth.

 

You seemed to accept it then, and do now. I'm wondering if T can accept new information. I'm not optimistic.

Actually as I said I don't know how much more it will cost.

And again as I said before probably a lot.

I don't ever trust any numbers that are based on guesstimates to begin with and project out over many years.

WSS

[heckofajobbrownie]

Again, that's not what we were talking about. We were talking about the CBO's estimate on changes to the labor supply. People who don't know what the term "labor supply" means think the CBO was saying it would cost 800,000 jobs. But that's not what it means.

 

Remember this?

 

It's just comical. I ask you to go ahead and feel free to say Cal and T are wrong, and you change the subject to costs. I point to the thread topic and say that wasn't what we were talking about, and you post about costs again. I suppose it doesn't change the fact that Cal and T were wrong, and that shouldn't surprise anyone. It's just kind of funny. You are their protector.

[calfoxwc]

bs. Heck, how much do you get paid to be stupid about all this, in defending Obamao?

 

Given that it is ESTIMATED... it's close enough to perfect, for me, to say it doubled.

 

Here, Heck - stop your dumbass quibbling over words:

 

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/yes-obamacares-cost-have-almost-doubled/435111

 

 

[MLD Woody]

the study:Obamacare Medical Device Tax Will Cost 39,000 Jobs And 2 Billion Personal Income.

 

You just find the best sources, huh?

 

lol

[heckofajobbrownie]

Seriously. "A new study has been released prepared for the Advanced Medical Technology Association (AdvaMed)by Battelle Technology Partnership Practice, the study finds that a tax associated with Obamacare."

 

A new study, commissioned by the lobbying arm of the medical device industry, done by a front group for the medical device lobbying industry, finds that the medical device industry is awesome.