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Obamacare May Wipe Out 2% of America’s Workforce
Posted By Daniel Greenfield On August 1, 2013 @ 10:34 am In The Point | 4 Comments
Look on the bright side. At least the folks on the death panels will still keep their jobs. Until it’s their turn.
Of the 144 million Americans employed last month, only 116 million were working full-time. Friday’s report showed that 58.7% of the civilian adult population of 245 million was working last month. Only 47% of Americans, however, had a full-time job.
Obamacare will move at least 2.3 million full-time working Americans into part-time work. It will result in millions of Americans losing their healthcare benefits and vacation hours. Obamacare will also force one million Americans to seek welfare.
That means that at current predictions, likely to change, Obamacare will kill off at least two percent of the US full-time workforce.
(116 million divided by 2.3 million)
If this seems rather terrible, it’s what some of the worst European economies already look like with part time jobs for most younger people and a limited reserve of full time jobs for union members and government employees.
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