Biden pontificates on Obamacare’s job impacts

Confused about the Affordable Care Act’s impact on the future of the American labor market? Vice President Joe Biden attempts to recite the left-of-center talking points for TIME magazine.

The Congressional Budget Office report that said Obamacare would reduce job growth gave Republicans a lot of fodder.

If you look at [CBO director Douglas] Elmendorf’s testimony, he said, No, it doesn’t cost any jobs … You’ve got a whole baby-boomer generation that were hanging on to jobs, not moving, because either they were tied down because their mortgage was underwater or they couldn’t leave because they had health care. This frees people up. And there is zero evidence that this is costing people jobs now.

At least he didn’t say “job lock.”

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