Wednesday, October 23, 2013

September jobs numbers—the left is blaming the shut down and refusing to see how Obamacare is hurting employment

“Last week’s Federal Reserve Beige Book includes direct references to the Affordable Care Act (aka Obamacare) causing employers not to hire workers. The Beige Book “summarizes comments [the Fed] received from business and other contacts” in each of the 12 Federal Reserve Districts. The October 16 Beige Book mentions the Affordable Care Act and its regulations 10 times—and each time, the districts report it has hurt employers, increased costs, and/or depressed hiring. Look at what businesses are reporting about the Affordable Care Act:

Summary. “Several Districts reported that contacts were cautious to expand payrolls, citing uncertainty surrounding the implementation of the Affordable Care Act and fiscal policy more generally.” “

http://blog.heritage.org/2013/10/22/proof-that-obamacare-is-hurting-the-economy/

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