Sunday, July 21, 2013

Obamacare Could Push 1 Million Americans From 'Work to Welfare'

 

Of course, that was planned, if not worst.

Researchers have concluded that Obamacare may drive nearly one million Americans out of the workforce to take advantage of government-provided health benefits.

The findings, which were released this month, are higher than previous estimates by the Congressional Budget Office (CBO), which projected that as many as 800,000 people may leave their jobs once Obamacare takes effect.

“The CBO may be potentially underestimating the employment loss and it should think more carefully about that,” said Craig Garthwaite, an assistant professor of management and strategy at Northwestern University’s Kellogg School of Management, in an exclusive interview with Newsmax on Thursday.

House Speaker John Boehner, who has been a vociferous critic of the president’s signature healthcare law touted the study findings in a tweet this week: “Study: #ObamaCare could push nearly 1 million Americans from work to welfare.”

More @ Money News

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