The Obamacare job killing plan

Neal Boortz:

What happened almost immediately after Dear Ruler signed ObamaCare into law?  The private sector stopped creating jobs, that’s what.  Yeah, I know … Nancy Pelosi said that the passage of ObamaCare would create 400,000 jobs “almost immediately,” but she was as full of yak squeeze on that one as she is on most of her other pronouncements.

A new report from the Heritage Foundation highlights the correlation between the time ObamaCare was signed and job creation figures.  From January 2009 through April 2010 (when ObamaCare went into effect), we were created jobs at a pace of about 67,600 per month.  After ObamaCare was passed, that figure dropped by 90% to just 6,400 jobs a month.  While it can’t be said for sure that ObamaCare was the cause, the timing is convenient and would be in line with interviews, articles and polls showing that job creators are stifled by uncertainty, government regulations and higher taxes … all of which are a guarantee under ObamaCare.  The Heritage Foundation offers a few reasons as to why ObamaCare discourages employers from hiring....

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One of the biggest job killers is the 50 employee cutoff for requiring compliance with the rationed health care plan.  Employers close to the cut off just quit hiring to avoid the hassle of dealing with higher cost insurance and uncertain rules.  Pelosi was just dead wrong about job creation as has been Obama.  Other regulations like the awful Dodd-Frank law which was passed to cover up Democrats screw ups which caused the housing and financial debacle also contributed.

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