Tuesday, November 18, 2014

Quick Note: The Jobs That Just Won't Die

Since 2010, when President Obama signed the Affordable Care Act into law, the GOP has claimed that the law was a "jobs killer."  

  • Speaker John Boehner (R-Ohio)- "Obamacare is a disaster for jobs."
  • Representative Randy Forbes (R-Virginia) - Obamacare" creates incentives to not hire new workers."
  • Senator Rand Paul (R-Kentucky) - "Obamacare is a job killing disaster."
  • Senator Ted Cruz (R-Texas) - "Obamacare is the most destructive, failed law in modern times.  It's the biggest job killer in this country."
  • Senator Minority Leader Mitch McConnell (R-Kentucky) - "Obamacare has been one of the single biggest drags on job creation since early 2010."
(Note to Mitch:  Manoj Shanker, an economist in your state's Office of Employment and Training recently pointed out that, since the ACA was passed, Kentucky's unemployment rate has fallen from 10.5 to 7.1.  Mr. Shanker, who actually uses facts, expressed the opinion that the ACA "is expected to be a net gain for the economy.")

  • And finally, we get back to Speaker John Boehner (R-Ohio) who spoke on November 5 about the midterm election results - "It also means renewing our commitment to repeal Obamacare, which is hurting the job market."


Between 2010, when President Obama signed the ACA into law, and 2014, the nation's private sector has added 10.2 million new jobs.  The national unemployment rate has fallen from 10% in 2010 to just under 5.8% today.  (per U.S. Bureau of Labor Statistics)

So, GOP, it's time to find a new horse to beat.  This one is dead...unlike those jobs.

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