Jobs recovery stalled after ObamaCare passed

[Conservative]

Thank you for killing job growth, Mr. President.

--Grace-Marie Turner - NYPOST.com

In the early months of 2010, the economy was starting to show signs of life after the recession. Then Congress passed the president’s health-overhaul law.

Debate over the ObamaCare law’s potential impact on hiring and the economy has been fierce from the start. The president promised it would be a boon to both; then-Speaker Nancy Pelosi said the law would create 400,000 jobs “almost immediately.” Others argued the law would make businesses much less likely to hire new workers.

That debate should now be over.

The low point of the recession came in January 2009, when US employers shed 841,000 jobs in just that one month. But the economy slowly started to recover over the next 15 months; private employers began hiring workers at an average rate of 67,600 per month (net of layoffs). The economy’s high point came with the April 2010 report, when 229,000 jobs were added.

But ObamaCare was signed into law in late March, and the hiring freeze began. In the following months, the economy added an average of just 6,500 jobs per month (net of layoffs) -- less than a tenth the pre-ObamaCare average.


This doesn’t prove that the health law is a major cause of the problem. But there is no question that the jobs recovery stalled after ObamaCare passed.

How does ObamaCare discourage hiring?

First, it adds unknown costs to hiring new workers.

The health law also discourages small businesses from becoming mid-size businesses because the mandate to provide insurance kicks in once you reach 50 or more employees.

As for those companies that already have 50 or more workers, the burden of having to buy expensive government-approved policies (or pay penalties) discourages them from hiring all but essential staff.

The evidence now is clear that ObamaCare is discouraging employers from hiring. The question is how long the president will continue to sacrifice the economy for the sake of his signature legislation.

 

[Truthmatters]

Yeah run on killing the healthcare bill and see where that gets your party

 

[Conservative]

Yeah run on killing the healthcare bill and see where that gets your party

Considering the lack of support for Obamacare among the oters, I'd say it gets them into the White House.

Health Care Law - Rasmussen Reports™

The number of voters who Strongly Favor repeal of the national health care law ties the highest level reached in several months, as most continue to believe the law will push up health care costs and the federal deficit.

The latest Rasmussen Reports national telephone survey of Likely U.S. Voters shows that 57% at least somewhat favor repeal of the health care law, including 46% who Strongly Favor repeal.

 

[Rozman]

Yeah run on killing the healthcare bill and see where that gets your party

Yeh run on bashing the Bush administration again because the President surely can't run on his record...

 

[rdean]

Yea, jobs stalled because of health care. And clean air and clean water block new jobs.

I thought after all those tax cuts, everything would be rosy. Guess I was wrong. Wrong to listen to Republicans who haven't been right about anything for decades.

 

[Mad Scientist]

Yea, jobs stalled because of health care. And clean air and clean water block new jobs.

Hey you're right! (in a way)
Obama halts controversial EPA regulation - Yahoo! News

President Barack Obama on Friday scrapped his administration's controversial plans to tighten smog rules, bowing to the demands of congressional Republicans and some business leaders.
Obama overruled the Environmental Protection Agency — and the unanimous opinion of its independent panel of scientific advisers — and directed administrator Lisa Jackson to withdraw the proposed regulation to reduce concentrations of ground-level ozone, smog's main ingredient. The decision rests in part on reducing regulatory burdens and uncertainty for businesses at a time of rampant uncertainty about an unsteady economy.

 

[Cuyo]

Yeah run on killing the healthcare bill and see where that gets your party

Considering the lack of support for Obamacare among the oters, I'd say it gets them into the White House.

Health Care Law - Rasmussen Reports™

The number of voters who Strongly Favor repeal of the national health care law ties the highest level reached in several months, as most continue to believe the law will push up health care costs and the federal deficit.

The latest Rasmussen Reports national telephone survey of Likely U.S. Voters shows that 57% at least somewhat favor repeal of the health care law, including 46% who Strongly Favor repeal.

Oh that's interesting - What do the legitimate polls say?

 

[Conservative]

Yeah run on killing the healthcare bill and see where that gets your party

Considering the lack of support for Obamacare among the oters, I'd say it gets them into the White House.

Health Care Law - Rasmussen Reports™

The number of voters who Strongly Favor repeal of the national health care law ties the highest level reached in several months, as most continue to believe the law will push up health care costs and the federal deficit.

The latest Rasmussen Reports national telephone survey of Likely U.S. Voters shows that 57% at least somewhat favor repeal of the health care law, including 46% who Strongly Favor repeal.

Oh that's interesting - What do the legitimate polls say?

why don't you go find one that says the opposite, smart ass?

You can't.