(Forbes) One of the precepts of Obamacare is that all employees ought to have affordable health coverage. That's a laudable goal, but the details have become more than messy. Besides, after the website gaffes, the ‘like-your-plan-keep-your-plan' debacle, and other stumbles, what's the cost?
Now the Congressional Budget Office released a 182-page Budget and Economic Outlook tallying the effect of Obamacare on the job market. Turns out if you don't make people work, they may not want to work. The report claims that by 2024, Obamacare will reduce the size of the U.S. labor force by 2.5 million full-time-equivalent workers, roughly triple CBO's estimate three years ago.
Perhaps only in Washington could someone turn such a dire report on its head. It takes an optimist to see the true silver lining. Heck, this glass isn't just half full, it's filling right up to the brim, and with lemonade to boot.