printOK. We don’t expect that parasitical hag Nancy Pelosi and the rest of the political retards in Washington to grasp Bastiat’s What-Is-Seen-and-What-Is-Not-Seen principle. But left off last night from Fox News’ corner of the idiot’s lantern, where looking for enlightenment is as hopeless, was the following pesky detail: Zero Care’s total of $1 trillion in tax increases and $2 trillion in subsidies for low-income individuals come from someone. Some workers are carrying this load. (Some of them live in China, where the money fairy resides.)
In fact, fewer and fewer of these workers are working harder and harder to support more and more.
The context? The latest immoral utterance to issue from the Obama White House, in the person of Press Secretary Jay Carney, and to be repeated across the liberal media: The “2.5 million Americans leaving the workforce was a good thing, because they would no longer be ‘trapped in a job.’”
Clarified by the WaPo’s occasionally factual Fact Checker, “the CBO said ACA, a.k.a Obamacare, would reduce the number of hours worked by the equivalent of 2.5 million full-time workers by 2025. That means that workers will decide to reduce their hours, not that employers are reducing the number of jobs.”
Writes ObamaHead Dana Milbank: “The CBO predicted the law would have a “substantially larger” impact on the labor market than it had previously expected: The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated. This will inevitably be a drag on economic growth, as more people decide government handouts are more attractive than working more and paying higher taxes.”
Incidentally, the mandate of the CBOafs (The Congressional Budget Oafs) is this: First they confirm government predictions of the great saving that are to be had from all government spending on welfare programs. Later, when it’s safer, they adjust their oafish and outlandish lies, so that the TV and radio mouths can continue muttering about their great authority, “Oh, the impartial CBO says this; oh, the independent CBO says that.”
* An example of a recent CBOaf nerd joke-cum-lie is this factoid: “The federal budget deficit will shrink to $514 billion in 2014, or 3 percent of GDP, CBO projects.”
Older ones include:
“CBO Confirms Families Will Save Money Under Health Reform.”
“CBO Update Shows Lower Costs for the New Health Care Law.”
“CBO Confirms: The Health Care Law Reduces the Deficit.”
That little derisive snicker made by the adorable Sheldon Cooper is in order on each account. (And this column snickers aplenty.)