The Right Wing is smacking their lips over a new CBO estimate that 2 million Americans will give up full time work in order get government subsidies for healthcare.
Time for some simple economic math. To begin with most low paid workers don't have any real say about how many hours that they work. If you have a fulltime job, you will show up for that job, or have no job at all. So that's nonsense on the face of it.
Then there is the effect on unemployment. If 2 million people actually work less, that opens up jobs for people who don't have one in order for employers to get the work done. Over all it's a wash at worst, or you could say putting the long term unemployed back into the workforce is a good thing. And if there's not enough workers to easily replace those who 'choose' to work less, then employers will need to pay higher wages to attract them. This is also good for the economy.
A small note on CBO reports, the Republicans that control the House have become adept at crafting report criteria for the CBO that gets them the report that they want to see. This became evident with the so-called IRS scandal. The Republicans made it appear that Tea Bag groups were singled out for IRS scrutiny by requiring that the CBO only review the cases of Tea Bag groups and no others. All in a days work for the enemies of the United States of America.
Twitter @BruceEnberg - where Conservatives get all the things that they didn't ask for.