Obama the job killer lies again about economy and jobs, First Obamacare and now minimum wage, Obamacare has killed jobs and created more part time, Minimum wage hurts workers and consumers, 11.5 million more not in the labor force since Obama took White House
“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief
“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014
“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.
Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013
“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″
Obama was at it again today doing what he does best.
Killing jobs and lying about his success.
From the Houston Chronicle September 1, 2014.
“President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy’s “revving” performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections.
“America deserves a raise,” he told a union crowd in Milwaukee, vowing to keep a hard sell on Congress in much the way he once courted his wife. “I just wore her down,” he cracked.
Timing his push to Labor Day, the traditional start of the autumn campaign, Obama aggressively drew attention to recent economic gains, setting aside past caution on that subject.
“By almost every measure the American economy and American workers are better off than when I took office,” he said, rattling off a string of improving economic indicators even while acknowledging not all people are benefiting. “The engines,” he said, “are revving a little louder.”
It was, at least indirectly, a pep talk for Democrats facing tough races in a nation still gripped with economic anxieties.
The emphasis on the minimum wage is designed to draw campaign contrasts with Republicans, many of whom maintain that an increase would hurt small businesses and slow down hiring. No one expects Congress to act on it before the November elections.”
“Until now, Obama and his White House aides had been reluctant to draw too much attention to positive economic trends, worried that some may prove illusory or that, even if they hold, many working Americans continue to live on the edge of poverty and take no comfort in the upswing.”
There were 11.5 million more people not in the labor force in July 2014 than there were in January 2009 when Obama took the White House.
The labor force participation rate has dropped 2.8 percent.
There are record numbers of Americans on food stamps and government assistance.
It is well documented that Obamacare has killed jobs and created more part time employees.
Raising the minimum wage will kill jobs and impact consumers.
Companies pass on the cost of doing business to consumers and/or cut back on employees and employee benefits.