Private Sector Employment Tanked coincident with passage of Obamacare.
I’ll repeat something I’ve oft said here, and that bears remembering whenever such a correlation of events is noted: Correlation is not proof of Causation. Even a strong correlation such as this, in and of itself, is not proof of causation.
When taken with earlier warnings, however, the correlation can only be “unexpected” among the usual culpable suspects.
Recovery Stalled After Obamacare Passed
by James Sherk | Heritage Foundation
Private-sector job creation initially recovered from the recession at a normal rate, leading to predictions last year of a “Recovery Summer.” Since April 2010, however, net private-sector job creation has stalled. Within two months of the passage of Obamacare, the job market stopped improving. This suggests that businesses are not exaggerating when they tell pollsters that the new health care law is holding back hiring. The law significantly raises business costs and creates considerable uncertainty about the future. To encourage hiring, Congress should repeal Obamacare.
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How utterly predictable.
Hat Tip: Tina Korbe at Hot Air
