The editors of the New York Times yesterday: “The Congressional Budget Office estimated on Tuesday that the Affordable Care Act will reduce the number of full-time workers by 2.5 million over the next decade. That is mostly a good thing, a liberating result of the law.”
This is about 90 percent nonsense, a testament to how rapidly and thoroughly a dedicated partisan can convince themselves that a bad result of a law they support is really a good result in disguise.
The ten percent that might not be nonsense it that it’s possible to imagine a scenario very different from our current circumstances, where people shifting from full-time to part-time, or leaving the workforce entirely, would be a good thing.
But the economy we have today and can see for the foreseeable future is nothing like that happy vision at all. The plight of the long-term unemployed over the past five years suggests that losing your job can be a career death sentence.
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