Defenders of the President are arguing that we are misreading the CBO report on job losses due to Obamacare. And I have to agree. Partially.
Looking more closely, the CBO report does in fact say that it cannot find that many companies eliminating full-time jobs due to Obamacare. I think they are missing the boat, as I explained earlier, but perhaps my personal experience as a business owner is unusual.
The President's defenders want to make sure that we understand that the CBO is actually saying the 2 million job losses are from people dropping out of the work force because they have lost the incentive to work and/or they want to make sure they don't earn their way out of government freebies.
Whew. I am sure relieved that all Obamacare is doing is destroying the incentive to work. I thought for a second there we had a real problem.