Stuck in part-time work or unemployed? Blame ObamacareFinding out what’s in it: New data strongly suggests that this week’s very bad jobs report is the result of Obamacare.
The economic recovery since 2008 is the weakest since World War II. More people are out of the workforce than ever in history. And the number of people doing part-time work has skyrocketed. Wonder why?
Analysts at Goldman Sachs have noticed this trend for some time, and put the blame on Obamacare. “The evidence suggests that the [Affordable Care Act] has at least modestly elevated involuntary part-time employment,” Goldman Sachs economist Alec Philips wrote in a research note published on Wednesday. Obamacare had the greatest impact on industries that traditionally do not offer strong health insurance coverage, such as retail stores and the hospitality industry. Phillips noted that these have the highest levels of involuntary part-time workers, and believes that the ACA has forced “a few hundred thousand” to take cuts in hours or accept part-time work as a result.
In other words, businesses have had either two choices to avoid the unaffordable costs of Obamacare: stop hiring, or hire only part-time workers. The result has been a stagnant economy where workers are either making less or nothing at all.
Fortunately, come November we will have a real choice: Pick a Democrat who was part of the effort to bring us this law, or pick a Democrat who says he has changed but keeps saying things that suggest othewise! Ain’t that just grand?
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Finding out what’s in it: New data strongly suggests that this week’s very bad jobs report is the result of Obamacare.
The economic recovery since 2008 is the weakest since World War II. More people are out of the workforce than ever in history. And the number of people doing part-time work has skyrocketed. Wonder why?
Analysts at Goldman Sachs have noticed this trend for some time, and put the blame on Obamacare. “The evidence suggests that the [Affordable Care Act] has at least modestly elevated involuntary part-time employment,” Goldman Sachs economist Alec Philips wrote in a research note published on Wednesday. Obamacare had the greatest impact on industries that traditionally do not offer strong health insurance coverage, such as retail stores and the hospitality industry. Phillips noted that these have the highest levels of involuntary part-time workers, and believes that the ACA has forced “a few hundred thousand” to take cuts in hours or accept part-time work as a result.
In other words, businesses have had either two choices to avoid the unaffordable costs of Obamacare: stop hiring, or hire only part-time workers. The result has been a stagnant economy where workers are either making less or nothing at all.
Fortunately, come November we will have a real choice: Pick a Democrat who was part of the effort to bring us this law, or pick a Democrat who says he has changed but keeps saying things that suggest othewise! Ain’t that just grand?
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Related:
Oregon’s legislators are apparently a bit sickened by the real world projections that their own economists have delivered, AFTER they passed the bill! (they have applied the Nancy Peolsi method of governance and have received the knowable and logical results)
http://townhall.com/tipsheet/leahbarkoukis/2016/06/10/oregons-minimum-wage-hike-already-has-dems-admitting-they-made-a-mistake-n2176449
Feel good, BS, pandering legislation designed only to produce votes and to pander to the culture of dependency that now must be fed. These are not stupid people, these are weak people who’s self interest reveals itself in abuse of power that is the lowest of the low because they constantly do the worst for the people that they profess to “care” about. This is the height of disrespect and manipulation.
It’s Bush’s fault!