Friday, October 7, 2011

Rhetoric vs. Reality: Health Care “Reform” and Jobs

CLAIM:  “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 jobs almost immediately.”

— Speaker Pelosi at the White House health summit

FACT:  According to this morning’s release from the Bureau of Labor Statistics, the unemployment rate once again did not decline, remaining at 9.1 percent.  And discounting the 45,000 jobs “created” by striking Verizon workers returning back to work, the economy really only created fewer than 60,000 jobs in September – even though the economy needs about 150,000 new jobs per month just to keep up with the growth in the labor force.