Obamacare won’t reduce the number of jobs in the American economy. Rather, some people will be choose to reduce the hours they work or stop working altogether as a result of the law.
CBO Report: Obamacare Will Make Us More Free
Credit: Flickr
February 7, 2014

Via Moyers & Company:

On Tuesday, the Congressional Budget Office (CBO) released a new report on Obamacare’s impact on the economy that ignited an enormous amount of controversy.

The firestorm centered on CBO’s projection that the Affordable Care Act would reduce the hours we work by the equivalent of 2.5 million full-time jobs by 2024. Conservatives were elated, claiming that the report supported their belief that Obamacare is a “job killer.” Liberals lamented the media’s shoddy reporting of the CBO projections, arguing that they were mostly good news. CBO projected that the law will reduce the deficit, inc...

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