"The world is moved along, not only by the mighty shoves of its heroes, but also by the aggregate of the tiny pushes of each honest worker.”

Helen Keller

CBO confirms Obamacare subsidies create disincentive to work harder

The CBO is predicting a loss of 1-2% of employee hours because workers choose not to lose the subsidies, as reported by Reuters(h/tBryan Preston)(full report embedded at bottom of post):

A historically high number of people will be locked out of the workforce by 2021, according to a report by the Congressional Budget Office released Tuesday.

President Barack Obama’s signature health-care law will contribute to this phenomenon, the CBO said, citing new estimates that the Affordable Care Act will cause a larger than-expected reduction in working hours—eliminating the equivalent of about 2.3 million workers in 2021 versus a previous estimate of an 800,000 decline.

Justification of this ‘benefit’ was that people who left jobs, to avoid loss of subsidies, would actually end up fulfilling their dreams in a career of their choosing.

“Opportunity created by affordable, quality health insurance allows families in America to make a decision about how they will work, or if they will work,” Jay Carney said