More bad jobs numbers. CNBC reports today: "The gloomy news continued for jobs as ADP reported Wednesday that private companies created just 119,000 new positions in April. That was well below expectations and confirmation that the labor market is slowing heading into late spring and early summer. Economists surveyed by Reuters expected the ADP report to show the private sector created 150,000 jobs in April." This comes just two days before the government releases its numbers for April. Doesn't look good. Unexpectedly!
There are many reasons for the slowdown, all attributable to President Obama's leftist policies. But one policy is so monstrous and so free-market-wrecking that it's being held out as the primary reason for sluggish job creation and a downbeat overall economy: ObamaCare.
As CNBC says today: "Small businesses accounted for 50,000 of the new positions in April, but Moody's economist Mark Zandi noted that the sector is seeing a slowdown likely attributable to the onset of the Affordable Care Act national healthcare plan.
"Companies with more than 50 employees will fall under the umbrella of the plan, also known as Obamacare.
""The data seems to be suggesting healthcare is having an impact," Zandi said."
Duh. This monstrosity is so disastrous that even its chief Democrat architects are running for the hills.
Democratic Senator Max Baucus, one of the original crafters of the bill, earlier this month predicted a chaotic nightmare. “I just see a huge train wreck coming down,” he said.
Fellow ObamaCare cheerleader and designer Democratic Senator Jay Rockefeller claimed that the law was so complex as to be incomprehensible.
Unions and other organizations and industries that once supported ObamaCare---and indeed helped to shepherd it through---now demand waivers because it's so horrendous. Last week news broke that members of Congress and their staffs were trying to maneuver themselves out of this thing.
The situation is so grave that yesterday Obama tried to defend it.
“I think that any time you’re implementing something big, there is going to be people who are nervous and anxious about is it going to get done until it’s actually done,” he told reporters.
He went on to say those who would have trouble with implementation were the roughly 48 million Americans who are uninsured to begin with, a minority of the population.
“For the 85 to 90 percent of Americans who already have health insurance, this thing’s already happened, and their only impact is that their insurance is stronger, better, more secure than it was before,” President Obama said. “Full stop. That’s it. Now they don’t have to worry about anything else.”
Wow. Delusional. Surreal. Lies.
Meanwhile, contrary to what Democrat Senator Chuck Schumer said at the time of passage, the more people know about ObamaCare, the LESS they like it. Support for it has hit the lowest level since the bill was passed, the latest Kaiser Health Tracking Poll shows.
Overall, just 35 percent have a favorable view of ObamaCare while 40 percent have an unfavorable view, which ties October 2011 poll for the lowest level ever.
Twenty-four percent have no opinion on the law which, according to Kaiser, continues a recent trend of Americans offering no opinion. (Low information voters.)
A majority of Americans want this thing GONE: More than half of Americans (53 percent) support efforts to change or block the law, while only a third (33 percent) believe opponents should accept ObamaCare as the law of the land, down from 40 percent since the beginning of the year.
“Four in ten Americans (42%) are unaware that the ACA [Affordable Care Act] is still the law of the land,” the report says, “including 12 percent who believe the law has been repealed by Congress, 7 percent who believe it has been overturned by the Supreme Court and 23 percent who say they don’t know enough to say what the status of the law is.” (Low information voters.)
Just wait until the full array of horrors kick in, from the higher taxes (which has already begun; see here: http://www.atr.org/obamacares-tax-hike-train-wreck-a7587 ), higher premiums, loss of private insurance, less access to doctors and care, huge Medicare cuts, rationing of care, government bureaucrats directing whatever's left of your healthcare, not to mention the full-on crap economy weighed down by budget-busting socialized medicine.
Most Americans don't like ObamaCare NOW and want it repealed NOW. Just wait. You ain't seen nothing yet.
