The Daily Scoop: Harder for GOP to claim healthcare reform is a job-killer


Whatever happened to the dread horror of job-killing uncertainty? Just last year, the talking point was all the rage, unanimously chorused by GOP pundits, politicians and economists looking to hammer President Obama for a stalled-out economy.

The argument was simple: Employers were refusing to hire because they feared the “regulatory uncertainty” flowing in the wake of the passage of the Affordable Care Act and the Dodd-Frank bank reform law. Terrified that the future implementation of these reforms would crimp their profits, employers laid low. A policy analyst at the Heritage Foundation provided the smoking gun: He argued that job growth slowed dramatically almost immediately after the passage of the Affordable Care Act in April 2010 — “this suggests,” he wrote, “that businesses are not exaggerating when they tell pollsters that the new health care law is holding back hiring.”

Less than a year later, however, references to the intersection between regulatory uncertainty, healthcare reform and the labor market have plummeted. There’s a very obvious reason for that: The private sector has added over a million jobs over the last six months while the unemployment rate has fallen steadily.

And yet nothing fundamental has changed on the regulatory front…
Read more…

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2 Comments to “The Daily Scoop: Harder for GOP to claim healthcare reform is a job-killer”

  1. It’s good to see people are beginning to realize the way out of this recession is on the demand side and is not due to this “uncertainty” in the market that Republicans insist is there.

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