Obamacare: Where are the Jobs?

During the debate over passage of Obamacare, I was appalled at the mendacity and willingness of some supporters to say anything to get the big mess through. In fact, in my 40+ years of paying close attention to politics, I don’t think I have ever seen a more dishonest sales job for major domestic legislation.

The worst of the worst in this regard was (thankfully) former Speaker of the House Nancy Pelosi, who claimed that the law would create 4 million jobs—about “400,000 almost immediately.” Have you seen the job reports? We apparently gained 44,000 fewer jobs in the last two months (revised numbers) than originally and only gained 18,000 last month. Many in McDonald’s-type work. Entrepreneurship is in the toilet, not unleashed. Unemployment is back up to 9.2%. Where are the Obamacare jobs?

The above embedded clip is of Pelosi spouting her nonsense. She just made it all up, as she so often does. This law was founded on misguided ideology and sold with snake oil—and the consequences will be karmic if we don’t repeal after 2012.

HT: Real Clear Politics