Re: Am I Missing Something?
Posted: Mon Nov 19, 2012 10:06 pm
growth in business and employment???? The unemployment rate when Obama took office was 7.8%. It is now 7.9% and rising (excluding Cali numbers). And with millions of unemployed workers no longer included in the unemployment number because they have been unemployed for over a year.. The number is actually much higher.... We are only seeing the tip of the iceberg on how Obamacare is going to cost this economy more jobs..
http://newsbusters.org/blogs/matthew-sh ... 00000-jobs
http://newsbusters.org/blogs/matthew-sh ... 00000-jobs
Obamacare turns 2 years old -- the Congressional Budget Office admits the law itself is going to kill the jobs of 800,000 Americans. At a recent House Budget Committee hearing, CBO Director Douglas Elmendorf confirmed as much, saying that indeed indeed “there would be a reduction of 800,000 workers.
UBS Research predicted the “death panel” impact of Obamacare on jobs last fall, issuing a report (“Great Suppression II) in September 2011, saying that the medical insurance law is “aguably the biggest impediment to hiring (particularly hiring of less skilled workers).”
Obamacare also is straining state and federal budgets and because it raises the cost of labor, “healthcare reform systematically discourages hiring, especially of low-wage workers whose mandated benefits are high relative to their wages,” UBS said.
As Obamacare turns 2 years old, the evidence of its job-killing effect has been piling up.