Death Panel … [Darleen Click]
The disgusting spin the Left is now taking on the CBO report of 2.5 million jobs lost due to ObamaCare is that people now “free” to not work will reduce unemployment AND be able to indulge in more leisure time. Yet …
CBO states, in reference to these impacts, that the “exchange subsidies effectively constitute a tax on labor supply for a broad range of workers.” CBO focuses mostly on those transitioning to full time work (with benefits). But the same disincentives apply to workers on Obamacare who are already employed full time, and looking to grow their income.
Translation? The old employer sponsored system forced people to stay in jobs they didn’t like because they needed the health insurance coverage. The new Obamacare system will force people to stay out of jobs they do want because they need to maximize their subsidies. And this is social progress?
It is for the New Feudalism Lords to make sure the serfs stay serfs.