Per CBO, Obama’s plan to raise Minimum Wage will DESTROY 500,000 jobs

Congratulations, folks! At least half-a-million of you soon won’t be “stuck in a job” anymore…

Yay, you!!

(via Reuters) – “…Raising the U.S. federal minimum wage to $10.10, as President Barack Obama and Democrats in Congress are proposing, could result in about 500,000 jobs being lost by late 2016, the Congressional Budget Office (CBO) estimated on Tuesday…”

#Obamacare, the Media, and Lying about Lying

You may have heard that the CBO (Congressional Budget Office) recently released a disastrous report which detailed that Obamacare was likely to result in 2.3 million fewer jobs.

But as fast as that news came out, the Democrats and their Media shills issued a counter narrative: “No, that’s not true! It’s not that Obamacare will kill jobs! It’s only that people will choose not to work (or work as much) so as to qualify for health care subsidies, and THAT means that there’ll be the equivalent of 2.3 million fewer people working.

See? It just kills employment, not jobs, which is TOTALLY different! Sorta…”

Of course, the casual news gatherer (which is way more than half the population) never heard the second half of that argument. They heard “No, that’s not true…”, and the rest faded into Miss Othmar’s voice from the Charlie Brown cartoons. No matter, they got the gist: those Republicans have obviously lied once again about King Barack the Beneficent and his glorious Health Care Machine. The details as to exactly if, how or why they lied are probably unimportant, anyway.

Except that they’re not.

Thanks again, Mr President!! “CBO says #Obamacare to kill 2.3 million jobs”

Did you hear the great news?

CBO: #Obamacare will kill at least 2.3 million jobs http://t.co/thYmXBofW2

— Tony Phyrillas (@TonyPhyrillas) February 4, 2014

(via the Associated Press) – “…Several million people will reduce their hours on the job or leave the workforce entirely because of incentives built into President Barack Obama’s health care overhaul, the Congressional Budget Office said Tuesday.

 That would mean job losses equal to 2.3 million full-time jobs by 2021, in large part because people would opt to keep their income low to stay eligible for federal health care subsidies or Medicaid, the agency said. It had estimated previously that the law would lead to 800,000 fewer jobs by that year…”

Sure, sure, that doesn’t seem like great news. But that’s exactly why the White House’s crack PR spin-meisters (CODENAME: the “Alternate Reality Team”) was activated as soon as this news hit. The guys from the A.R.T. (motto: “Anyone can lie, but what we do is ART”) instantly assured everyone within earshot that y’all are just too stupid to understand complex economy-related terms, such as “fewer jobs” and “2.3 million of ’em“: