Study Shows ‘ObamaCare’ Could Cost 700K Jobs

As many as 698,000 jobs could be lost if the health care reform plan (a.k.a., “ObamaCare”) being pushed hard by liberal Democrats is passed by Congress and signed into law by President Barack Obama, according to a study released today that was the subject of a blogger conference call this morning.

The executive summary for the study, conducted by the Beacon Hill Institute in conjunction with Americans for Tax Reform, boils down the findings in a nutshell:

Nancy Pelosi, the Speaker of the House of Representatives, has urged passage of the massive health reform plan moving through Congress as a way to create up to 400,000 jobs. Speaker Pelosi bases her claim on a report by the Center for American Progress (CAP) in which the Center estimates that the Patient Protection and Affordable Care Act (PPACA) would create 250,000 to 400,000 jobs per year over 10 years.

This estimate by CAP amounts to a hurried effort to add academic heft to the claim that national health care reform offers a collateral benefit in the form of an economic “stimulus.” It turns out, however, that its methodology, stripped of unsupportable claims about savings in health care costs, shows just the opposite of what CAP intended. PPACA is a job killer, not a job creator.

If you don’t want government in charge of your health care, ACT TODAY! CONTACT YOUR ELECTED OFFICIALS in Washington, D.C., and DEMAND they vote against this measure.

One thought on “Study Shows ‘ObamaCare’ Could Cost 700K Jobs

  1. Pingback: » Links To Visit – 03/17/10 There are two ways to conquer and enslave a nation. One is by the sword, the other is by debt. John Adams

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