Eagle Forum Legislative Alerts

Thursday, April 10, 2014

Obamacare Causes More UNemployment

The Congressional Budget Office just reported that Obamacare will shrink the U.S. workforce by 2.5 million full-time jobs. That's stunning confirmation of how Barack Obama's favorite legislative legacy is a "train wreck." The job loss is caused by businesses reducing their employees' hours in order to avoid paying the employee mandate to buy insurance. Even more striking is the callous way Obama's friends are trying to put a happy face on this bad news by claiming that Americans whom Obamacare reduced to part-time jobs will really be better off because they are liberated to exercise choice about how they spend their unemployed hours. As The New York Times wrote, it will be “more possible” to leave jobs or reduce hours for less pay because “new government subsidies will help pay [insurance] premiums.” Fifty million Americans of working-age today (18 to 65) are unemployed, and this number has held constant throughout the Obama years. That's an awesome 31 percent, a devastating blow to families' livelihood and belief in America as the land of opportunity.

Republicans should be addressing the issues of jobs and Obamacare, but the tone-deaf Republican Establishment keeps pushing for various versions of amnesty that will import millions of foreigners to take jobs from Americans, all the way from entry-level jobs to college graduates imported on H-1B visas. Establishment spokesmen talk a lot about devotion to the free-market system, but they ignore the Economics 101 lesson that increasing the labor supply always reduces job opportunities and wages.

Today's public opinion polls prove that Republicans are fools to support the importation of millions of foreigners who reject conservative views and will vote for the Democrats who support big government and big spending.

Listen to the radio commentary here:

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