Saturday, February 12, 2011

CBO Admits Health Care Law Will Kill 800,000 Jobs

The Congressional Budget Office says by 2021, ObamaCare will kill 800,000 jobs. See more NEN videos at http://www.theblaze.com
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The Congressional Budget Office says by 2021, ObamaCare will kill 800,000 jobs.

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2 comments:

  1. You have completely misinterpreted the testimony. According to CBO, because health reform will bring will lover premiums in the individual market, some people who work only in order to get the benefit of an employer-sponsored health plan (single mothers, for example,) will no longer find it necessary to work.
    That is a good thing, not a bad thing.

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  2. So how will the law lower healthcare cost? This is a pipe dream. Bigger government will not magically lower cost. Don't say price controls will lower cost, been there done that, it didn't work in the 70s. The reason for the increasing cost today can be traced back to Medicare and Medicaid and the additional paperwork and abuse of the system. Government has only made cost go up not down.

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