Quote:
Originally Posted by Vendzilla
From what I read on the actual report
http://cbo.gov/sites/default/files/c...utlook2014.pdf
This from page 117
The reduction in CBO?s projections of hours worked represents a decline in the number of full-time-equivalent workers of about 2.0 million in 2017, rising to about 2.5 million in 2024.
They talk about how the economy is not going to get much better the way things are going and how because of Obamacare, people are just going to stop working. The labor force participation rate is going to continue to drop and economic growth will be stagnate.
Now wasn't it promised that it was going to create jobs? |
It isn't destroying jobs, people are just leaving the workforce since they no longer need that job.
So like if you are just working to keep your healthcare.