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Wed, Feb. 19 2014 11:43 AM EDT

A Teachable Moment for Obamacare

By Gordon C. Boronow
Last week, the Congressional Budget Office (CBO) reported that the Affordable Care Act (aka Obamacare) would likely have a significantly larger negative effect on the labor supply decisions of Americans than previously estimated. They now estimate that workers will choose to work fewer hours, to avoid losing eligibility for Obamacare subsidies; an amount that further decreases the labor force by the equivalent of 2 million full-time jobs, or 1.5-2 percent of the labor force. (A link to this page will be included in your message. )

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