But what it did say is vindication of what conservatives have preached since Barry Goldwater stood in the pulpit 50 years ago:

The more liberal the welfare state, the greater the disincentive to work and the more ruinous the impact upon a nation’s work ethic.

The CBO has just given us a statistical measure of that truth.

The Obamacare subsidies, it said, will cause some to quit work, others to cut back on the hours they work, and others to hold off going to work, so as not to lose the benefits.