What Was That About Obamacare Being Bad For The Economy?...

[babylonsister]

http://www.addictinginfo.org/2013/12/08/what-was-that-about-obamacare-being-bad-for-the-economy-203000-jobs-added-in-november/

What Was That About Obamacare Being Bad For The Economy? 203,000 Jobs Added In November
Author: Stephen D. Foster Jr. December 8, 2013 6:11 am
Republicans- 0, Obama- 2: Economy Added 203,000 Jobs In November Proving That Obamacare Isn't A Job Killer - Bob Englehart, The Hartford Courant


Bob Englehart, The Hartford Courant


Remember how Republicans have constantly claimed that Obamacare would kill jobs and hurt the economy? Well, according to the latest jobs report, that GOP narrative has just imploded.

snip//

Since it’s passage, Republicans have been nothing but apocalyptic about Obamacare, especially in the months leading up to the roll-out of the exchanges. ‘It’s a job killer,’ they claimed. ‘It will hurt our economy,’ they bellowed. Well, Obamacare has been rolled out and people are signing up by the tens of thousands. And yet, the economy is only improving. The unemployment rate is at its lowest in five years and three out of the last four months has seen the addition of 200,000 jobs. Housing has improved. Manufacturing has improved. And millions of Americans are finally getting accessible health care coverage across the country. The sky hasn’t fallen. And that must enrage conservatives.

Obamacare is actually creating jobs.
Here’s something else that will probably make conservative heads explode. Obamacare creates jobs as well. Think about it. A big health care law like this demands the growth of many fields to handle the influx of millions of Americans into the health care system. Even Fox Business admits this. But just in case you don’t want to take Fox’s word for it, Marketwatch also says that Obamacare will create jobs in many fields, even in some outside of the health care realm. Obamacare has even impacted the likes of Disney World, which promoted hundreds of part-time workers to full-time employment thanks to the law.

So, the unemployment rate is down. The economy is in the midst of adding hundreds of thousands of jobs per month. Tens of thousands of people are enrolling in Obamacare. The Healthcare.gov website has been fixed. The economy hasn’t collapsed because people have easier access to health care coverage. And Obamacare is actually creating jobs in many fields of employment. It looks like Republicans will have to keep trying to sabotage the economy themselves if they want President Obama and his landmark health care law to fail. Because Obamacare sure isn’t helping them do it.

[NoOneMan]

1. I don't think 17-18% GDP going to health care costs are good for the economy.

ACA doesn't change that, but it will slow the growth.

[Benton D Struckcheon]

2. It's a discontinuity.

Meaning, the lowered price of healthcare that we've already seen and will continue to see is going to allow the economy to operate at a much higher level than otherwise. The cheaper cost of healthcare is going to have all kinds of good effects. Doing good and the economy doing well go together.
Now all we have to do is get them to understand that when it comes to reinstating a national usury law...