Democrats’ Health Care “Reform”: The Next Job Killer
by John Kline at Townhall.com
There they go again. Democrats have controlled the White House and both chambers of Congress for less than six months, yet already their tax-and-spend ways are hurting America’s economy – and taking away jobs.
Their first act of business was to pass a so-called “stimulus” package they promised would save or create 3.5 million jobs and keep the national unemployment rate below eight percent.
Instead, last week the rate jumped to 9.5 percent, its highest level in more than 25 years.
Rather than reversing course, however, Democrat leaders continued down this perilous path by forcing through the House a climate change bill that would be properly described as a “cap-and-tax” scheme. Experts say its carbon-trading rules will kill millions of jobs in an economy that desperately needs them.
Of course, this wasn’t enough to convince Democrats of the error of their ways.
Next up is health care, which is in dire need of attention. But – perhaps unsurprisingly – the projected effects of Democratic proposals on business and jobs are dismal.