What I would like to ask the CBO regarding changes in hours worked due to the ACA

[Bill USA]

The CBO Director has made a statement:

CBO: Guys, We Didn't Say Obamacare Would Cost 2.5 Million Jobs
http://www.democraticunderground.com/1014723823


THe CBO said in their report The Budget and Economic Outlook:

“CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 percent to 2.0 percent during the period from 2017 to 2024, almost entirely because workers will choose to supply less labor."

Clearly they didn't say jobs were going to be destroyed. But ....
[font size="3"]
What I would like to ask the CBO:

"Since you said [font color="red"]'the ACA will reduce the total number of hours worked'[/font], what did you figure the number of additional hours worked will be by people taking fewer hours off due to illness because they will be getting pro-active health care at doctor's offices? How many more hours did you figure will be worked by healthier people, Huh? And how much longer did you figure these healthier people will be able to work before they retire, huh?"

... just curious [/font]


http://www.today.com/money/fewer-americans-count-retiring-65-1B8186406

A larger chunk of Americans are working into their late 60s and even beyond, part of a long-term trend that has continued despite the tight job market of the past five years and is expected to increase in coming decades.

“It’s one of the most important changes in the labor force over the last generation,” said Richard Johnson, director of The Urban Institute’s Program on Retirement Policy.
(more)

[elleng]

1. some info:

http://www.democraticunderground.com/1014723823

[Bill USA]

2. Please Note title and link in OP...

The CBO Director has made a statement:

CBO: Guys, We Didn't Say Obamacare Would Cost 2.5 Million Jobs
http://www.democraticunderground.com/1014723823

[Thinkingabout]

3. There was several employers who said they were going to cut hours because of ACA and they did not

Have to cover employees who worked less than 29 hours a week. Now the GOP has come up with a new story employees are going to work less hours in order to qualify for Medicaid. It has been okay for McDonald's, WalMart and other employers to instruct their employees to get food stamps and welfare before ACA but now it is employees taking advantage of social nets assistance. WTH, just another false story pushed from Republicans.

[Curmudgeoness]

4. As soon as I heard this one, I wanted to ask

"if a business needs 1000 hours worked to produce widgets, and employees decide to cut back the hours that they work, will they not hired more people to make up that 1000 hours needed?" They will have the labor required with one or three employees.

So, we will not lose hours worked, even if there is a shift. But I don't believe that many people would willingly work less hours unless it is just a few hours that will screw them...and in that case, they are not full time and well-paid.