Obamacare Fact Check: Republicans Overlook Key Points In CBO Report
The study estimates that the workforce will be reduced by the equivalent of 2.3 million full-time workers by 2021 as people choose to leave it. More would take early retirement, work fewer hours or otherwise rearrange their work-home balance to take advantage of new subsidies for health insurance and new markets for individual policies that don't depend on having a job.
In a key point overlooked in the GOP response, the report says, "The estimated reduction stems almost entirely from a net decline in the amount of labor that workers choose to supply, rather than from a net drop in businesses' demand for labor."
In other words, workers aren't being laid off. They are taking themselves out of the workforce, in many cases opening job opportunities for others.
http://www.huffingtonpost.com/2014/02/06/obamacare-fact-check_n_4736962.html?utm_hp_ref=politics
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because it weakens the leverage owners have over labor. That many workers voluntarily leaving the workforce will drive up wages better than an increase in minimum wage.
Come to think of it, that's probably the major reason business clings to the "insurance connected to jobs" model. I've always wondered why they wanted to hold on to that hassle. On its face, it seems counter to reason, but in business it's all about leverage and linking employment to health care creates that.
