Sometimes the numbers just don’t add up.
In looking over an embargoed press release last night, I was struck by the National Association of Manufacturing’s startling claim that Obamacare would cost 60 million workers their employer-provided insurance. This seemed an enormous amount to me, and so I decided to cover NAM CEO Jay Timmons’ annual State of Manufacturing speech.
I wrote about his assertion here, only to receive a phone call this afternoon from the association. It turns out they arrived at the 60 million figure from a Congressional Budget Office report that forecast a reduction in full-time work hours, but later retracted the claim and acknowledged a misinterpretation of the report. The revised claim is that six million workers would lose insurance through their employers.
The group apologized and my story has since been corrected.