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Pethokoukis: “Is uncertainty about Obamacare really hurting the US labor market?”

His take:  possibly, but the case isn’t airtight.  And then there’s the fact that the move toward employers’ increasing reliance on part-time workers is tied to the the economic downturn, not just to ObamaCare, as the trend predates ObamaCare’s passage.

My take:  because nobody really knows what is in the law, or how it will be implemented (selectively, post-election season, etc), some businesses are fiercely worried, while others simply have decided they’ll cross the ObamaCare bridge when they get to it.

But what is indisputable is that the new tax burdens — and the increases we’ve already begun to see in health care premiums — will extend the economic downturn and thwart growth.

Couple this with other policies — from Dodd-Frank to looming “revenue enhancers” that the GOP has apparently already agreed to in exchange for cuts in the rate of spending increases (sold to us as “cuts”) to the threat of “comprehensive immigration reform” passing, and I think Pethokoukis is straining too hard for neutrality in his assessment, to the point where he’s completely underselling the looming economic impact ObamaCare will have on the markets, both through increases in health care costs, the tax burden on employers, or the dumping of employees into exchanges that aren’t ready and will be a “train wreck” of epic legislative and implementation proportions.

Me, I’m not a journalist.  So there’s no reason for me to pretend I find merit in the statements of people like Austin Goolsby, who remains a shill for this catastrophe that will in fact fundamentally transform us — regardless of the economic impact — into subjects, and create precedent for all sort of new mandates that the progressives are no doubt already drawing up, and that the neo-statist Republicans are looking to fund raise against, even as they do nothing to prevent implementation.

Because all of these measures help grow the power and influence and revenue of the ruling class. And they are all representatives of the ruling class first, and their constituencies only as an afterthought.

Pitchforks and tri-cornered hats.  That’s what I see over the horizon.

But then, that’s one of the perks of not being a journalist and not having to hold anything back.  Not to mention, one of the perks of not being on the inside of the contemporary “conservative” messaging apparatus.  I’m not a rah rah Republican playing at conservative.

I’m a classical liberal with my eyes wide open and my opinions readily and honestly available, backed by my own observations and experience.  I’m answerable to no one.

So yeah, we’re headed for the shitter.

Something that should be obvious to just about everyone at this point.

 

17 Replies to “Pethokoukis: “Is uncertainty about Obamacare really hurting the US labor market?””

  1. Drumwaster says:

    What could possibly be considered “uncertain” when the Government has missed more than half its own mandated deadlines (with no penalties levied, count on it), the Chief Executive has issued unilateral orders that other portions won’t be implemented, solely because he says so, and waivers from the requirements have been based solely on whether a big enough check has been written to the Preezy’s ongoing campaign fund?

    I mean, it’s almost as though it should only be “deemed” a law when it punishes the right people.

  2. Blake says:

    Pethokoukis has a trees and forest issue going on.

    Overall political/economic uncertainty are the issues, not just Obamacare.

  3. geoffb says:

    employers’ increasing reliance on part-time workers is tied to the the economic downturn, not just to ObamaCare, as the trend predates ObamaCare’s passage.

    What I have seen during this downturn is employers giving large amounts of overtime to employees they don’t want to have when times get better and going to temps/part-timers for the rest of the work which gives them time to see how those ones work out before making the jump to being full time regular employees.

    This is driven in large part by the laws which make it impossible to find out much about the person you hire and hard and expensive to fire them if they turn out to be crap and activist oriented.

  4. geoffb says:

    “Don’t want to have” above should be “do want to have”.

  5. I live on the coast and the economy is split roughly between tourism, lite industry, real estate and assorted services. There are no jobs & haven’t been since it was apparent the fix was in for ZerØ.

    It is worse than I have ever seen it. If it weren’t for my wife’s death “benefit” I’d be living in a box under the Lanier bridge. Dead serious.

  6. Ernst Schreiber says:

    Pitchforks and tri-cornered hats. That’s what I see over the horizon.

    Better than guillotines and Phrygian caps, I guess.

  7. leigh says:

    I have a black cowgirl hat. I’ll have to make do.

  8. Ernst Schreiber says:

    OT link (since this seems to be the thread for it):

    OMFG! The Crab People are at it again. And this time, it just might work!

  9. newrouter says:

    excuse me my links are only obliquely ot sir

  10. geoffb says:

    Gallup finds huge upswing in unemployment. From 7.7 to 8.9 in 30 days.

  11. Ernst Schreiber says:

    That just means the lightbringer’s rays of hope have carresssed the discouraged emboldening them to reenter the workfocre.

    Why do you hate Americans looking to do the jobs they say Americans won’t do?

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