Obamacare Kills Jobs

Jul 13, 2017

America has lost 250,000 jobs because of the cost of Obamacare according to a study released by the Mercatus Center. 22 percent of small businesses hire fewer workers because of Obamacare. 24 percent of businesses with 50 to 199 people reduced salaries and the number of people they hired. 31 percent of small businesses said that they were reducing hours or hiring more part-time workers. The numbers don’t count business that closed or contracted due to an inability to comply with Obamacare. Author of the study, Professor Casey Mulligan of the University of Chicago said, The ACA is an important reason why the growth rates of employment, wages, productivity, and GDP continue to be substandard. Maybe it is time for repeal.”