The Obamanoids are quite fond of citing the CBO in defense of ObamaCare. It now turns out that the CBO believes ObamaCare will destroy 800,000 jobs. How Hopey Change is that? Chairman [Paul] Ryan: “[ I]t’s been argued...that the new health care 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?” Director [Douglas] Elmendorf : “Yes.”... […] Rep. [John] Campbell: Thank you, Mr. Chairman, we'll -- and Dr. Elmendorf -- and we'll continue this conversation right now. First on health care, before I get to -- before I get to broader issues, 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 1/2 of 1 percent, given that, I believe you say, there's 160 million full-time people working in '20-'21. That means that, in your estimation, the health care law would reduce employment by 800,000 in '20-'21. Is that correct? Director Elmendorf: Yes. The way I would put it is that we do estimate, as you said, that...employment will be about 160 million by the end of the decade. Half a percent of that is 800,000. CBO Director Says Obamacare Would Reduce Employment by 800,000 Workers | The Weekly Standard Cue up the lame ass excuses that it will Save or Create other jobs.