skews13
Diamond Member
- Mar 18, 2017
- 9,794
- 12,455
We now have 7 full years of economic data since President Obama signed the Affordable Care Act (ACA or “Obamacare”). So, as Republicans in Washington continue their relentless assault on the ACA, it’s a good time to take stock of how America actually fared in the Obamacare Economy.
Before turning to the facts, a reminder of the narrative that the GOP has been pushing about the ACA for so long:
“It will bankrupt our nation, and it will ruin our economy! … This health care law … is already destroying jobs in our country.” — John Boehner, 2011
“We now know that Obamacare has been one of the single biggest drags on job creation since early 2010.” — Mitch McConnell, 2012
“[T]his is going to blow a hole through the deficit even more than we had already thought.” — Paul Ryan, 2012
“Obamacare is directly responsible for destroying jobs and lowering wages for workers” — Senate Republican Policy Committee, 2014
“It is the biggest job-killer in this country.” — Ted Cruz, 2016
“Obamacare is devastating businesses." — Donald Trump, 2016
“Obamacare … this disastrous policy that's been killing jobs." — Mike Pence, 2016
Let’s tackle these false “job-killing, wage-reducing, deficit-busting” myths one by one:
The Obamacare Economy: 7 Years, 16 Million Jobs Created, Middle-Class Incomes Up $3K