CBO: Obamacare kills off 800,000 jobs and encourages more people on welfare

Obamacare keeps on giving.

In a hearing of the House Budget Committee today, Paul Ryan asked CBO director Douglas Elmendorf about that claim, saying that some people have argued the new law “will create jobs and increase labor force participation. But if I recall from your analysis, it was quite the opposite. Is that not the case?” Elmendorf answered “Yes.”

Rep. John Campbell then asked him to expand on that point:
Campbell: You just mentioned that you believe—or that in your estimate, that the health-care law would reduce the labor used in the economy by about one half of one percent. Given that, I believe you say, there’s 160 million full-time people working in 2021, that means that, in your estimation, the health-care law would reduce employment by 800,000 in 2021. Is that correct?

Elmendorf: Yes. The way I would put it is that we do estimate, as you said, that household employment will be about 160 million by the end of the decade. Half a percent of that is 800,000.

oh it gets worse

However, the CBO prediction is a little more nuanced. Last summer's CBO report said the projected labor reduction is "largely" the result of more people voluntarily staying out of the workforce because the healthcare reform law gives them better healthcare options through an expansion of Medicaid and new state-run health insurance exchanges.

So we get job killing and working people paying for people who choose not to work. Nice.

Whiner Deron Williams gets Jerry Sloan fired from his coaching job.

I don't like prima donna diva NBA players and quite frankly if you can't play for an old school coach like Sloan because you like to whine a lot about it being too tough, I hope you flame out.

The mere threat of Deron Williams leaving the Jazz in 2012 appears to have been enough to pry Sloan from his sideline seat after 23 years.

Williams just went from drafting behind Chris Paul and Dwight Howard to zooming to the lead in the current lap of potential 2012 free agents. We hadn't spent as much time pondering Williams' future as we had with Paul and Howard. (For Howard, it got so bad that he pleaded for it to stop.) The Magic have made their move, just opening a brand-new arena that they'd love for Howard to call home for the rest of his career. The Hornets have tried to avoid making any panic moves, in the belief Paul will buy into the plans of coach Monty Williams and general manager Dell Demps. The Jazz just played the biggest hand they have for 2012. It's the ultimate concession. Not even Sloan and his 1,221 career victories will be an obstacle.

One Jazz source told me, "Ninety-nine percent of the team loves Sloan. He didn't lose the team."

But that 1 percent won out.

Karma is going to be a bitch to Deron for this move.

Leon Panetta and James Clapper need to be fired over Egypt mishandling.

When you have the head of the CIA, a political hacker who has no business being there at this point, making claims off of just media reports and not actual intel, America has a problem.

American officials said Mr. Panetta was basing his statement not on secret intelligence but on media broadcasts, which began circulating before he sat down before the House Intelligence Committee.
But a senior administration official said Mr. Obama had also expected that Egypt was on the cusp of dramatic change. Speaking at Northern Michigan University in Marquette, he said, “We are witnessing history unfold,” adding, “America will do everything we can to support an orderly and genuine transition to democracy.”

So Obama now looks like a complete ass because the intelligence services are about two steps behind the events and giving him either stupid or rose colored advice. On top of that you have the head of National Intelligence saying the Muslim Brotherhood is a secular organization which had to be backtracked.

No Obama, Businesses are not obligated to help out your version of America.

Typical pompous Obama who believes that businesses social responsibility trumps basic fiscal common sense.

“If we make America the best place to do business, businesses should make their mark in America,” the president said. “They should set up shop here, and hire our workers, and pay decent wages, and invest in the future of this nation. That’s their obligation.”

The government on all levels are obligated to make an environment to help businesses(small to corporations) grow. They are not required because you say so to build their business in an environment they consider to be hostile to their end goal of being solvent. That is how a mixed market as America became a superpower in a relatively short period of time and a land that was marked with innovation and opportunity.

What you are proposing is basic Chicago mob mentality that you set up shop and they are obligated to do your bidding under your rules. That won't work and will only lead to more problems on top of the ones you have helped create in a short period of time as President.

Obama and the EPA kill off 800+ jobs in Alaska over air permits with Shell.

Obama's drive to use the EPA to kill off America's usage on its own oil is going along nicely.

Shell Alaska has dropped plans to drill in the Arctic waters of the Beaufort Sea this year and will concentrate on obtaining permits for the 2012 season, company Vice President Pete Slaiby said Thursday.

The recent remand of air permits issued by the Environmental Protection Agency was the final driver behind the decision, Slaiby said at a news conference.

Alaska receives upward of 90 percent of its general fund revenue from the petroleum industry, and top state officials reacted strongly to the decision. U.S. Sen. Mark Begich, D-Alaska, blamed the Obama administration and the EPA.

"Their foot dragging means the loss of another exploration season in Alaska, the loss of nearly 800 direct jobs and many more indirect jobs," Begich said. "That doesn't count the millions of dollars in contracting that won't happen either at a time when our economy needs the investment."

The EPA issued Shell an air permit, but the agency's review board granted an appeal because of limited agency analysis regarding the effect of emissions from drilling ships and support vessels.

Steven Coogan's puke inducing tripe over Top Gear's Mexican jokes.

The UK "comedians" who have come out against Top Gear over their Mexican jokes this week I guess to catch some publicity have all fallen into the same category. White politically correct liberals who think they know what makes good comedy.

Well here's some Twitter hot news: I don't have a beard, I'm not a vegan, I don't wear sandals (unless they're Birkenstocks, of course), and I have, I think, a sense of humour. I also know something about comedy. It's true there are no hard fast rules; it's often down to judgment calls. It's safe to say, though, that you can get away with saying unsayable things if it's done with some sense of culpability.

I've been fortunate enough to work with the likes of Peter Baynham, Armando Iannucci, Chris Morris, Simon Pegg, Julia Davis, Caroline Aherne, Ruth Jones, and the Mighty Boosh – some of the funniest and most innovative people in British comedy. And Rob Brydon too.

It's a diverse, eclectic group of people with one common denominator: they could all defend and justify their comedy from a moral standpoint. They are laughing at hypocrisy, human frailty, narrow-mindedness. They mock pomposity and arrogance.
If I say anything remotely racist or sexist as Alan Partridge, for example, the joke is abundantly clear. We are laughing at a lack of judgment and ignorance. With Top Gear it is three rich, middle-aged men laughing at poor Mexicans. Brave, groundbreaking stuff, eh?

There is a strong ethical dimension to the best comedy. Not only does it avoid reinforcing prejudices, it actively challenges them. Put simply, in comedy, as in life, we ought to think before we speak.

Let me translate this self-righteous excerpt: "I only do politically correct jokes about white rich people and everything else is off-limits" Comedy rips into everything and everyone if there is something to mind. Comedy tears apart stereotypes but also is not afraid to call out anyone who engages in behavior that should be called out nevermind race, culture or gender.

Great Comedians are not afraid to go into areas most people fear to trend especially white comedians who these days limit themselves for fear of being branded insensitive.

This is why I find modern British comedy to be such a bore. Most of them stick to the generic durr durr lines about rich people or picking on Christians or just random white people who preening around the stage like Coogan with a false sense of superiority and self worth not measuring up to reality.

Praise to Top Gear and Screw people like Coogan.