Obamacare and Job Projections: Congressional Budget Office Clarifies

1–2 minutes

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..at least as much as the CBO can clarify, in a Q&A. Paul Krugman quotes the most important passage: 

Q: Will 2.5 Million People Lose Their Jobs in 2024 Because of the ACA?
A: No, we would not describe our estimates in that way.

As others have pointed out, too, the reduced number of full-time workers are a result of the freedom Obamacare gives people who don’t want to work full-time but are forced to do so in order to get health insurance. Health insurance they can now get otherwise. Thanks, Obama.

However, Krugman also points out, this won’t stop pundits from misrepresenting the ACA and its impact.


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