Thread: Lost Jobs
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Old 02-07-2014, 08:22 AM   #18
spence
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Quote:
Originally Posted by Redsoxticket View Post
Ones lost job is another's gain. I don't get it, if a company requires x employees but now has (x-1) then that company will be looking to hire one person.
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That's very true.

The CBO report didn't say the impact of the ACA would be less jobs, it was that the supply of labor would potentially be reduced. If the economy is stable or growing that person leaving the workforce would likely translate into a job for someone else.

Also consider that with the baby boomers increasingly leaving the workforce the supply of labor will be dropping even more. This is a far bigger challenge to economic growth than the impact of the ACA.

To assume people choosing to leave the workforce so they can get on the government doll is offensive to say the least. My neighbor worked up until retirement at a very low paying job -- across the state -- just to keep the health insurance for her and her husband. Had the ACA been in effect she would have quit over 10 years previous...that's a lot of life gone down the drain.

-spence
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