"So, this bill is not only about the health security of America; it's about jobs. In its life it will create 4 million jobs; 400,000 almost immediately."
Nancy Pelosi, February 25, 2010
The evidence is overwhelming that if Nancy Pelosi says it, it probably isn't true or necessarily connected to reality. After all, as CNN's Jack Cafferty summarized after an on air rant against the former Speaker of the House, "What a horrible woman she is!"
But, she and many other Democrats sold ObamaCare on a promise that it was a big time jobs bill. Not coincidentally, they were making those claims at time when more than 15 million people were unemployed. Claiming ObamaCare was a jobs bill was the "spoonful of sugar to make the medicine go down" – pun intended – when millions of Americans were out of work.
Critics understood that all the new and increased taxes, regulations, mandates and penalties would kill – not create – jobs. But, Team Obama dismissed naysayers as "fear mongers" or worse.
Along with so many other promises about how ObamaCare would create heaven on earth, the jobs claim was pure fantasy. According to the Labor Department's most recent report, the Obama economy is still 2.3 million jobs below the pre-recession level of employment, and that's with a workforce eligible population that has grown 11 million in the same period.
ObamaCare redefines "full time work" as just 30 hours per week; a provision that even Obama's Big Labor supporters said will "shatter" the American workforce. Businesses will be required to provide mandated insurance coverage or pay the penalty for defined full time employee. That's a huge financial incentive to hire part-timers or to reduce the average workweek hours for current employees.
And, guess who is the hardest hit….low and modest wage earners. The people Obama claims to be "looking out for." Jed Graham at Investor's Business Daily has been following the workweek trends for quite some time. Check out the following graph to see the stunning disparity to the average workweek for low-wage vs. higher earning Americans since Obama came into office.
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