Lanhee J Chen, Columnist

Obamacare Will, in Fact, Encourage Employers to Cut Jobs

Obamacare supporters have long argued the law won't hurt employment. Until now.  
More delays and problems for Obamacare. Photographer: Andrew Harrer/Bloomberg
Lock
This article is for subscribers only.

Obamacare supporters have long argued that the law will not have a negative impact on jobs. President Barack Obama's latest delay of the employer mandate contains a clear admission that it will.

As recently as last week, advocates for the Affordable Care Act fiercely responded to a Congressional Budget Office report, which concluded that the law will push the equivalent of 2.5 million full-time workers out of the labor market by 2024. Liberal talking heads, journalists and White House officials argued that what the CBO report actually said was that Obamacare would help people pursue their dreams, unencumbered by the jobs that had been so brutally holding them in place. Republicans, of course, countered that the CBO report was tangible proof that the law is a job killer.