The Blog

Find the Good News

4:29 PM, Feb 4, 2014 • By GEOFFREY NORMAN
Widget tooltip
Single Page Print Larger Text Smaller Text Alerts

The Congressional Budget Office has come out with a report on the effects of Affordable Care Act on the U.S. economy.  As Erik Wasson of The Hill  reports, the findings are not pretty.  

lower economic growth over the next decade:

… costing the nation about 2.5 million jobs and contributing to a $1 trillion increase in projected deficits, 

… a decrease the number of full-time equivalent jobs in 2021 by 2.3 million.


… employer penalties in the law will decrease wages [with] part-year workers ... slower to return to the work force because they will seek to retain ObamaCare insurance subsidies. 

Has to be the work of Tea Party extremists.

Recent Blog Posts

The Weekly Standard Archives

Browse 20 Years of the Weekly Standard

Old covers