What a wonderful law.
Thank you, Democrats.
Thank you, Barack Obama.
Not only will Obamacare kill off over 2.3 million jobs but it will reduce wages, too!
Congressional Budget Office (CBO) Director Douglas Elmendorf told a Congressional committee today that Obamacare will reduce workers wages.
“We expect as other analysts believe that over time costs that employers bare for their employees end up being borne by the employee in the form of lower wages.”
Terrific.
It’s not as if Americans weren’t already suffering.
Since Obama entered the White House US households have lost $4,019 in real income, a little less than a month’s income every year. (WSJ)