President’s healthcare legislation continues to strangle job creation as nearly half a million Americans leave the labor force.
(Alexandria, Virginia) – The 60 Plus Association, the acknowledged conservative alternative to the liberal AARP and home to 7.2 million senior citizen activists, today cited the implementation of Obamacare as the cause for the nation’s failure to create new jobs, with the Department of Labor noting only 88,000 jobs were created in March. This comes as 496,000 Americans have left the labor force, making the percentage of Americans actually working the lowest since 1979.
Said 60 Plus Chairman and Founder Jim Martin, “Our country remains mired in malaise, and it is no mystery why. Obamacare is the giant weed that is choking economic growth and job creation across the nation, just as predicted.”
Martin cited the work of independent economist Mark Zandi of Moody’s — often cited favorably by the Obama Administration — who notes that businesses within the targeted implementation range of Obamacare have seen increasingly lower job numbers, with actual negative job creation in March.
“Sad to say, but the Obamacare chickens have come home to roost. This is exactly what was predicted when you create a law that requires 18 pages of federal regulations just to define what a full-time employee is. The cost of financial and human resources required to comply with the law is simply astounding, and the horrendous job numbers that come out each month show that things will get far worse until this law is repealed and replaced. The law is simply too massive to be effective and will only leave wreckage in its wake.
“This is why 60 Plus stands firm for free-market solutions to reform healthcare and will continue to lobby for laws that give patients choice and get government out of the way. As Americans continue to lose their jobs and lose hope, the only solution is to repeal Obamacare for good.”