Thread: Lost Jobs
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Old 02-07-2014, 08:59 AM   #25
Jim in CT
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Join Date: Jul 2008
Posts: 20,441
Quote:
Originally Posted by spence View Post
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
You're missing a salient point. If the CBO is correct, millions of Americans will voluntarily and intentionally impoverish themselves in order to qualify for public assistance. Spence, we can't ALL be on the public teat. It's better for people to be self-sufficient.
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