DEBATE 2 REACTION: OBAMACARE AND JOBS

Paul Howard

In a debate focused on jobs and the economy, Obamacare was a subheading.  But it shouldn’t be. It is already causing small employers, and employers with many low-wage workers to put off hiring or shift more positions from full time to part time to avoid paying Obamacare’s employer tax penalty.  It also effectively increases tax penalties for low-income workers, discouraging them from working and earning more.  In an economy where health care costs continue to take a big bite out of Americans’ take home pay, Obamacare will become an increasing drain on innovation and job creation.