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News Link • Obama Administration

Obama Spins Subsidies Both Ways

• lewrockwell.com
On occasion, however, the threads of one story become entangled with another in a manner that should deeply embarrass, if the media were sharp enough to catch it.
This happened last week in response to the Congressional Budget Office’s (CBO) bombshell report on how Obamacare incentives could reduce the size of the labor force by more than two million workers by 2017. While the report did not reflect the Republican spin (that the law will cause employers to kill jobs – -it will, but for reasons not detailed in the report), the reaction of the White House and congressional Democrats set a new mark in rhetorical boldness. In the ultimate act of making lemonade from lemons, they described the findings as unabashed good news. But to do so, they had to contradict their previously expressed views on unemployment insurance.
 

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