Comment: As it sucks money from the economy with its giant sucking sound, Obamacare is contributing mightily to making this the worst recovery from an economic recession in living memory. Which would you rather have, jobs, or ‘free’ Obamacare health restrictions that force us all to pay more?
“During the hearing, I challenged Chair Yellen whether some of those headwinds disrupting the economy were “man-made,” or, to borrow a phrase, “anthropogenic.” The answer should be obvious.”
“Take the ACA. According to the nonpartisan Congressional Budget Office (CBO), this law will result in 2 million fewer jobs over the next decade. CBO explains that the ACA incentivizes people to work fewer hours, remain unemployed for longer, or leave the workforce altogether. Conversely, CBO found that repealing the law would encourage people to return to the labor force, spurring the economy. The ACA is also imposing negative consequences on consumers who have faced higher premiums, deductibles, and taxes.“