The Congressional Budget Office released a report that suggests almost 2.5 million workers might lose their jobs (or have their hours cut to part-time) in the next few years thanks to the implementation of Obamacare. The average American might see this as a worrisome report from the non-partisan CBO about the unintended consequence of government’s regulatory take-over of healthcare… But Harry Reid and other Democrat big-wigs are trying to spin this as a positive. The Democrat from Nevada even suggested that the individuals who are set to lose their job should be happy, because they are about to become “free agents” in the economy.
Of course, keep in mind that this is the same guy who suggested the US tax system was voluntary. (No… Seriously. I’ve posted the video at the end of this column. Of course, if you don’t have the tolerance to watch it, you can always pound your head against your desk for roughly 4 1/2 minutes to achieve the same sensation.) When asked for a reaction on the CBO report that projected millions of lost jobs because of Obamacare’s impact on labor incentives, the Democrat suggested that job loss is a liberating life-event:
“We have the CBO report, which rightfully says, that people shouldn’t have job lock. If they — we live in a country where there should be free agency. People can do what they want,” Reid told reporters. “And what they’re saying here is — and the fact checkers have already done this — the Republicans talk about losing millions of jobs simply isn’t true. It allows people to get out of a job they’re locked into, because of — they have healthcare in their job.”
Right… “Mr. Jones, we regret to inform you that we have to make some cuts in your department. You are now a “free agent”. Please clean out your desk by noon.” So… For all you that have experienced a lay-off: Now you can pay your own increasingly expensive healthcare without the added benefit of a full time job, or dependable paychecks. Great news! Especially when you consider that Healthcare.gov was developed in-part by Belarusian hackers (no… really though) and has proven to be plagued with inflated premium prices.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Wednesday April 23rd, 2014 | John Ransom
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Tuesday April 22nd, 2014 | John Ransom