Saturday, August 3, 2013

ObamaCare And The Obama Economy

From ZeroHedge.com: When the payroll report was released last month, the world finally noticed what we had been saying for nearly three years: that the US was slowly being converted to a part-time worker society. This slow conversion accelerated drastically in the last few months, and especially in June, when part time jobs exploded higher by 360K while full time jobs dropped by 240K. In July we are sad to report that America's conversation to a part-time worker society is not "tapering": according to the Household Survey, of the 266K jobs created (note this number differs from the establishment survey), only 35% of jobs, or 92K, were full time. The rest were... not.
http://www.zerohedge.com/news/2013-08-02/obamacare-full-frontal-953000-jobs-created-2013-77-or-731000-are-part-time
Conservatives have been saying this for three years and now unions and other Democrats are finally realizing what is going on.
The problem with Obama and the Democrats is that ObamaCare looked good on paper, just like it does in the college classroom, but when you put liberal policies into action, things happen that were not expected and things turn out for the worse... much worse.
The world doesn't operate like a college textbook but Obama believed it does and, to the horror of the American people, the world doesn't behave like what is written in college text books.

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