Obamacare projected to reduce workforce by 2 million jobs

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WASHINGTON, D.C. – We’ve all noticed by now that Obamacare has not exactly had a smooth start. Well, new numbers released by the Congressional Budget Office are raising questions about the future of the program.

The report is a lengthy 182 pages long, but there’s one number in particular that’s causing alarm: Obamacare is projected to cause the loss of over 2 million jobs by 2021.

Naturally, GOP leaders have a lot to say.

“The CBO report is certainly not pretty if you’re interested in creating jobs in America,” Sen. Mitch McConnell (R-KY) said.

It sounds all doom and gloom, but the report points out most of those 2 million jobs lost will be due to people choosing to work fewer hours, now that they can rely on Obamacare for healthcare instead of depending on full-time jobs from their employers. The White House says this is a good thing.

“By giving you the option of quality and affordable health insurance,” White House Press Secretary Jay Carney said, “That’s not a negative thing.”

Anyway, one public health expert says it’s too soon to panic.

“Almost every public policy can be spun in several different directions, and so a lot depends on how you perceive it and interpret it,” said Dr. Pauline Rosenau of the UT School of Public Health. “Overnight, many people will be reading this report and so we’ll see when the dust settles how people decide.”

So what is it – good or bad? Well, we still have about seven years to find out for sure, but it sounds like we can at least put a pause on the freakout…

For now.

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