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Obamacare Resulting in Hundreds of Thousands of Jobs Being Lost

October 27, 2010
Right Side News
10/26/2010

Drs. Coburn and Barrasso releases new health care report, and the consequences of “Patient Protection and Affordable Care Act” worse than anticipated.  One section reports on the impact this new law has on jobs. Full report available here.

Before the health care legislation became law, proponents of the overhaul claimed that health reform would create jobs. At the White House health care summit in February, the Speaker of the House of Representatives asserted the federal health care overhaul would create “400,000 jobs almost immediately,” both in the health care industry and “in the entrepreneurial world as well.” However, recent independent reviews have contradicted such rosy scenarios and found the legislation will wipe out hundreds of thousands of jobs.

And now… the rest of the story. …..

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