Happy Tuesday folks,
Today, liberals will be shouting from the mountaintops in praise of the recent Congressional Budget Office report that analyzes federal deficits and Obamacare. In fact, White House Press Secretary Carney said that the CBO’s report “demonstrates the Affordable Care Act is working.”
Yes, this is the same Congressional Budget Office that liberals were quick to dismiss when it said that Obamacare is going to reduce work hours by the equivalent of 2.5 million jobs by 2024, and that the “Act creates a disincentive for people to work.”
So why is the Left so happy about the report on Obamacare? After all, it “just tweaks at the edges,” according to bearded economist and former Congressional Budget Director Douglas Holtz-Eakin.
The law is still curtailing the workweek, raising premiums, and is causing small businesses to plan to not hire more workers “since it would create an administrative burden for eventually complying with the law.”
Additionally, the illusion of shrinking deficits is expected to end soon, culminating in trillion dollar deficits within ten years. National Journal’s Billy House points out that, “[t]his rising debt would have serious consequences, CBO warns.”
If this is a proud day for liberals, then it’s clear that their policies simply don’t work.
The liberal worldview is just not working for middle-class Americans. At a time when a majority of the country (55 percent) believes that the economy is getting worse, it’s unfortunate that liberals like President Obama, Senate Majority Leader Reid, and House Minority Leader Pelosi press ahead with their agenda that restrains economic growth.
Seize the day.