Skip to main content
  1. News
  2. Politics
  3. Political Buzz

My Turn: Oh, Eric . . . not another lie?

See also

I'm not upset that you lied to me, I'm upset that from now on I can't believe you.
~ Friedrich Nietzsche

My oh my . . . what to do about lying politicians?
They’re pesky little varmints aren’t they?
They seem to be so willing to lie as they try to confuse us by confusing the issues, don’t they?
Ever wonder why politicians lie when they really don’t have to and when they know how easy it is these days for us to check on anything and everything they say?
Some think that politicians lie so they won’t have to cross lobbyists and contributors who give them their comfy little places at the public trough.
Wouldn’t surprise me . . . how about you?
And who's the pesky little varmint who’s lying today?
None other than the honorable Republican House Majority Leader, Eric Cantor.
So, you ask, what’s the boy lying about?
What else?
The Affordable Care Act . . . or, more accurately, the congressman from Virginia is lying about the Congressional Budget Office’s (CBO) recent report on the impact of the ACA on the job market.
It goes like this: The nonpartisan CBO issued a report in which it reported that the Affordable Care Act will reduce unemployment by increasing “overall demand for goods and services over the next few years because the people who benefit from the expansion of Medicaid and from access to the exchange subsidies are predominantly in lower-income households and thus are likely to spend a considerable fraction of their additional resources on goods and services.
Whew!
These bureaucrats sure know how to put more words into a single sentence than most of us can put into an entire paragraph, don’t they?
In case you got lost in that flotilla of CBO words, permit me to translate into plain English: Poor folks who don’t have to spend so much on health care will spend more on goods and services.
The CBO report goes on with, “This will in turn boost demand for labor over the next few years.
Translation: More jobs.
I know what you’re thinking: Davy, so what’s the problem? The Affordable Care Act will reduce unemployment! By any measurement, that is a good thing. Why are you bothering me with this silly column?
Well, this column may not be as silly as you might think because House Majority Leader Cantor responded yesterday to the CBO report with the following tweet: The CBO's latest report confirms what Republicans have been saying for years now. Under ObamaCare, millions of hardworking Americans will lose their jobs and those who keep them will see their hours and wages reduced.
Hmmm.
And, therein, lies Eric Cantor’s lie.
The truth is that the CBO report estimates that full-time employment will drop by about 2.3 million by 2021 primarily because some low-income workers who no longer get ripped off by outrageous health care insurance premiums will have more disposable income which might allow them to work fewer hours or, as they near retirement age, perhaps even quit their jobs altogether.
The truth is that the CBO never said anything about the ACA causing millions of hardworking Americans to lose their jobs . . . and, the truth is that the CBO never said a word about the ACA causing the rest of the workforce to see hours and wages reduced.
The truth . . . a little something that doesn’t seem to matter to little old Republican House Majority Leader Eric Cantor.
Does it?

Comments? Questions? Contact the author at: davyjones@businesswriters.biz or Tweet: @DavyZJones

Eric Cantor,the Affordable Care Act,The Congressional Budget Office,ObamaCare

Advertisement

News

  • Mt. Everest avalanche
    Disaster strikes Mt. Everest as at least 12 people were killed in an avalanche
    Video
    Watch Video
  • Most Earthlike planet discovered
    The Kepler telescope has discovered the most Earthlike, possibly habitable planet yet
    Space News
  • Easter crosses create debate
    Easter crosses spark a debate of separation of church and state in Ohio
    Headlines
  • Chelsea Clinton is preggers
    Former first daughter Chelsea Clinton is pregnant with her first child
    Headlines
  • Stanley Cup playoffs
    The battle for Lord Stanley's Cup is on, don't miss a minute of playoff action
    Sports
  • Ukraine discussed amongst U.S., E.U., Russia
    The U.S., E.U. and Russia agree on ways to diffuse the tension in Ukraine
    Video
    Watch Video

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about Examiner.com and apply today!