Lower wage earners getting hit the hardest with job loss due to Obamacare ?



“…The CBO projected that the law’s largest effects on employment wouldn’t start until after 2016, specifically among lower-wage workers, and would have a greater impact than previously predicted. The CBO said the ACA would cause a reduction in full-time-equivalent employment of about 2 million in 2017 and up to 2.5 million in 2024. The CBO previously predicted household employment would be reduced by 800,000 in 2021…”

From Politico, CLICK HERE


And the White House defense, as laid out in this Wall Street Journal article:

“….The White House on Tuesday defended the Affordable Care Act in light the new CBO report, pointing to a section in the report that says there has been “no compelling evidence that part-time employment has increased as a result of the ACA.” President Barack Obama’s chief spokesman, Jay Carney, said in a statement Tuesday that, “While many factors affect job growth, the actual performance of businesses refutes those who predicted that the Affordable Care Act would dramatically hurt the economy…”  CLICK HERE

Note that White House also says the job loss is due to worker choice.