Conservative
Type 40
interesting opinion piece on the effects of Obamacare on the economy, regardless of the source...
Analysis: Job Growth Was 10-Fold Higher Before the Democrats Passed Obamacare | The Weekly Standard
Analysis: Job Growth Was 10-Fold Higher Before the Democrats Passed Obamacare | The Weekly Standard
Obamacare “discourages employers from hiring in several ways:
- Businesses with fewer than 50 workers have a strong incentive to maintain this size, which allows them to avoid the mandate to provide government-approved health coverage or face a penalty;
- “Businesses with more than 50 workers will see their costs for health coverage rise — they must purchase more expensive government-approved insurance or pay a penalty; and
- “Employers face considerable uncertainty about what constitutes qualifying health coverage and what it will cost. They also do not know what the health care market or their health care costs will look like in four years. This makes planning for the future difficult.”[/
“The fact that improvements in the job market ground to a halt after [Democrats] passed Obamacare does not prove that the health care law caused [this result] — correlation cannot prove causation. However, the fact does lend strong weight to the voices of businesses who say that the law is preventing hiring.”