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CBO DIRECTOR says Obamaocare would reduce employment by 800,000 workers

Political Discussion
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  • Um, sure.

    (Backs away slowly.)

  • I'd be a little skeptical of that job windfall as it looks like lots of peoples care is going to cost more forcing them to stay in or return to the labor pool.

    We'll see.

    WSS

  • As long as we understand what the CBO is saying, you can be skeptical all you like. Of course, your skepticism is based on your hunch rather than any evidence or data, while the CBO's figures are based on dozens of people crunching numbers for months, but I can't do anything to make you value the latter more than the former, even though you should.

    As long as we know changes to the labor supply are different than job creation/elimination, I'm good.

    Yay.

  • I admit it still seems like smoke and mirrors, double talk,

    and what the definition of "is" is.

    And I don't think it's my fault.

    And, I think that if Heck won't take the bet HE again initiated, because of the tomatoes

    clause, then he's a stimply, oogly-moogly, hopscotch-skipping, egg-laying doosel-wug.

  • Cal, you're priceless.

    You post something the CBO said about the health care bill because you think it's devastating to the liberal cause. Then you say I'll probably ignore it because it's devastating to the liberal cause.

    I post that you don't understand what the man is saying, and then explain what he's saying. Suddenly, the CBO man you were just touting and daring me to recognize is saying something that "seems like smoke and mirrors, double talk, and what the definition of "is" is."

    And it's not your fault that you didn't know what he meant.

    And for the millionth time, I'll admit I'm ashamed to point out that an idiot doesn't know anything.

  • Nonetheless the report is based on too many ifs to use as a selling point.

    IMO.

    WSS

  • Then why do it at all?

    The point is to use the best available data to measure the effects of legislation. It's not always precise. It's terribly complicated. But we can't ignore the conclusions when they're inconvenient to our arguments, and then trot them out when they say what we want them to say.

    Plus, we should at least know what the arguments are before we trot them out.

  • Heck translation:

    "The only good evidence, is the evidence that is *Tweaked and Fixed* to say what WE want it to say."

  • Heck translation:

    "The only good evidence, is the evidence that is *Tweaked and Fixed* to say what WE want it to say."

    @calfoxwc said:

    Heck translation:

    "The only good evidence, is the evidence that is *Tweaked and Fixed* to say what WE want it to say."

    I would like to know what happened inside your brain and allowed you to come to that conclusion on heck's last statement.

  • Cal, what would you like changes in the labor supply to mean, other than what changes in the labor supply mean? You're not helping yourself here.

    Look, I'll give you the Wiki definition of labor supply. It's a lot like the one I gave.

    "In mainstream economic theories, the supply of labor is the number of total hours that workers wish to work at a given real wage rate."

    It's not a measure of the total number of jobs in the economy, is it?

    And again, I apologize to everyone.

  • Then why do it at all?

    The point is to use the best available data to measure the effects of legislation. It's not always precise. It's terribly complicated. But we can't ignore the conclusions when they're inconvenient to our arguments, and then trot them out when they say what we want them to say.

    Plus, we should at least know what the arguments are before we trot them out.

    @heckofajobbrownie said:

    Then why do it at all?

    The point is to use the best available data to measure the effects of legislation. It's not always precise. It's terribly complicated. But we can't ignore the conclusions when they're inconvenient to our arguments, and then trot them out when they say what we want them to say.

    Plus, we should at least know what the arguments are before we trot them out.

    Of course I haven't done that here.

    But why?

    Well two years ago we made predictions about the improvement of the Browns based on this and that and speculated for a long time.

    If you don't like 'em the variables killed those prognostications and naysayes said a ha!!

    Politics ain't a lot different.

    Hey if healthcare is so much more affordable that a bunch of people will quit their jobs great.

    I'm self employed and damn tired of getting it in the ass while others skate.

    Other predictions based on real number might see a different vision.

    One mans campaign slogan is another mans, uh, well, campaign slogan.

    WSS

  • This is a pretty lousy comparison, and a pretty lousy argument.

    For one, these aren't campaign slogans, and this isn't politics. These are laws and numbers and math, crunched by geeks. The CBO's design and mission is to be non-partisan, and they do as good a job as you can do in Washington. Comparing it to the predictions of the Browns success is also ridiculous.

    Also, who told you the Browns were going to be good?

  • @heckofajobbrownie said:

    Then why do it at all?

    The point is to use the best available data to measure the effects of legislation. It's not always precise. It's terribly complicated. But we can't ignore the conclusions when they're inconvenient to our arguments, and then trot them out when they say what we want them to say.

    Plus, we should at least know what the arguments are before we trot them out.

    Of course I haven't done that here.

    But why?

    Well two years ago we made predictions about the improvement of the Browns based on this and that and speculated for a long time.

    If you don't like 'em the variables killed those prognostications and naysayes said a ha!!

    Politics ain't a lot different.

    Hey if healthcare is so much more affordable that a bunch of people will quit their jobs great.

    I'm self employed and damn tired of getting it in the ass while others skate.

    Other predictions based on real number might see a different vision.

    One mans campaign slogan is another mans, uh, well, campaign slogan.

    WSS

    @westside-steve said:

    Of course I haven't done that here.

    But why?

    Well two years ago we made predictions about the improvement of the Browns based on this and that and speculated for a long time.

    If you don't like 'em the variables killed those prognostications and naysayes said a ha!!

    Politics ain't a lot different.

    Hey if healthcare is so much more affordable that a bunch of people will quit their jobs great.

    I'm self employed and damn tired of getting it in the ass while others skate.

    Other predictions based on real number might see a different vision.

    One mans campaign slogan is another mans, uh, well, campaign slogan.

    WSS

    Ditto!

  • Heck - the Director And Campbell AND Ryan are talking about fewer jobs. 800.000 fewer jobs.
    ***********************************************
    Chairman [Paul] Ryan: “
    t’s been argued...that the new health care law will create jobs and increase labor force participation. But if I recall from your analysis, it was quite the opposite. Is that not the case?”
     
    Director [Douglas] Elmendorf
    : “Yes.”...
     
    […]
     
    Rep. [John] Campbell
    : Thank you, Mr. Chairman, we'll -- and Dr. Elmendorf -- and we'll continue this conversation right now. First on health care, before I get to -- before I get to broader issues, you just mentioned that you believe -- or that in your estimate,
    that the health care law would reduce the labor used in the economy by about 1/2 of 1 percent, given that, I believe you say, there's
    160 million full-time people working in '20-'21
    .
    That means that, in your estimation, the health care law would reduce employment by 800,000 in '20-'21. Is that correct?
     
    Director Elmendorf
    :
    Yes. The way I would put it is that we do estimate, as you said, that...employment will be about 160 million by the end of the decade. Half a percent of that is 800,000.
     
  • Cal, clearly this is beyond your capacity to understand. Go back to the top and try reading it again. Or just give up.

  • FWIW though I know what it means, the director didn't answer as clearly as he should have.

    WSS

  • Heck, stop being stupid. Either explain your quibbling, or go start a new thread

    about how oral sex isn't sex, how Clinton never lied, and how Obamao failures

    mean he's a success.

    What they said, is what they said. I don't see, honestly, why they didn't say what they said.

    Explain it.

    The director answered, and I take him for saying what he said.

    Obamaocare has been declared UNCONSTITUTIONAL, and it has been

    "outed" as a gigantic failure, and the promises made about it by Dems...

    were deliberate lies. We told ya.

    I see it as the director was admitting another aspect of this fraudulent "hc bill" was a lie.