Showing posts with label federal jobs. Show all posts
Showing posts with label federal jobs. Show all posts

Friday, July 22, 2011

Obamacare is killing the recovery

This is from the  The Heritage Foundation. You should read it all.
Obamacare Discourages Hiring
In March 2010, Congress passed President Obama’s health care reform legislation. The bill had appeared in serious jeopardy, and after the upset special election victory of Senator Scott Brown (R–MA), many analysts expected the bill to fail. Instead, it became law.
The law 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.
Recovery Stalls Post–Obamacare
Within two months of Obamacare’s passing, the recovery stalled. Figure 1 shows net private-sector job creation from January 2009 onward. The red line shows the trend in job creation before and after April 2010. Private-sector job creation improved by an average of 67,600 jobs per month before April 2010.[7]That month, private-sector employers added 229,000 net jobs. Keep on reading...

Thursday, February 10, 2011

Confirmed: Obamacare will cost 800,000 jobs

How Socialized Health Care Will Radically Change America - Why Universal Health Care Will Create a Political Hegemony as In Sweden

CBO Director Doug Elmendorf admitted that Obamacare will cost 800,000 jobs.
Rep. [John] Campbell: Thank you, Mr. Chairman, we’ll — and Dr. Elmendorf — and we’ll continue this conversation right now. First on health care, before I get to — before I get to broader issues, you just mentioned that you believe — or that in your estimate, that the health care law would reduce the labor used in the economy by about 1/2 of 1 percent, given that, I believe you say, there’s 160 million full-time people working in ’20-’21.  That means that, in your estimation, the health care law would reduce employment by 800,000 in ’20-’21. Is that correct?

Director Elmendorf: Yes. The way I would put it is that we do estimate, as you said, that…employment will be about 160 million by the end of the decade.  Half a percent of that is 800,000.

Saturday, November 13, 2010

Oh My! Media Matters Calls Rand Paul Claim Federal Employee's make Twice Private Sector False, But True

Federal employees make over twice what private sector employees do. The average federal worker takes home $123,000 in combined pay and benefits. Rand Paul made the claim on FOX News:


Liberals immediately tried to disprove this, but facts are facts and the average federal employees does make $123,000. After some mind-bending mental contortions. liberals are now trying to claim it is false because it is an apples to oranges comparison. In an article titled "Fox's "brain room" parrots Rand Paul's false talking points on federal pay", media matters quotes Politifact for support of their loony theory.
[I]t's important to understand that a big reason for the disparity is the different mix of jobs in the federal work force. It has more higher-paying white-collar jobs...

Liberals are arguing you can't compare federal job pay to private because federal workers have higher paying jobs. Doh!

Liberal Newsweek's Mickey Kaus has been forced to concede Rand Paul was right.