“The best thing that Congress can do to unleash jobs creation is to repeal the Patient Protection and Affordable Care Act.
The law is discouraging businesses from hiring. According to a recent U.S. Chamber of Commerce survey, 39 percent of small business owners say the law is either their greatest or second-greatest obstacle to new hiring.
The president of the Federal Reserve Bank of Atlanta, Dennis Lockhart, says that ‘prominent’ among the obstacles to hiring is the ‘lack of clarity about the cost implications’ of the legislation.”
“In the early months of 2010, the economy was starting to show signs of life after the recession. Then Congress passed the president’s health-overhaul law. Debate over the ObamaCare law’s potential impact on hiring and the economy has been fierce from the start. The president promised it would be a boon to both; then-Speaker Nancy Pelosi said the law would create 400,000 jobs ‘almost immediately.’ Others argued the law would make businesses much less likely to hire new workers. That debate should now be over.”