Thanks to Obamacare … Businesses Are Hiring Less And Laying Off Workers

Former Speaker of the House Democrat Nancy Pelosi may have told only one truth in her political life when she said, We have to pass Obamacare to find out what’s in it. However, it was like playing Russian roulette in doing so. Guess what America, there was a bullet in the chamber.

As reported at The Hill, the Federal Reserve released an edition of its so-called “beige book,” that said the 2010 healthcare law is being cited as a reason for layoffs and a slowdown in hiring.  The complex and all encompassing law is not just about healthcare, its about control of ones life and the government take over of healthcare. Why would one think that there are over a thousand pages? As reported at the Weekly Standard, that Obamacare baffles even its ardent supporters as was the case with Donna Brazile who famously tweeted her confusion a week or so ago. The bill is awesomely complex and the claims made for it by its authors and supporters are impossibly optimistic many of whom may not really expect it to perform as sold.  Obama, Pelosi, Reed, Democrats and the liberal MSM all knowingly misrepresented Obamacare and inflicted this Hell on America.

America, Pelosi, Obama and Reed at laughing at you!

The Federal Reserve on Wednesday released an edition of its so-called “beige book,” that said the 2010 healthcare law is being cited as a reason for layoffs and a slowdown in hiring.

“Employers in several Districts cited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire more staff,” said the March 6 beige book, which examines economic conditions across various Federal Reserve districts across the country.

That line was found in a section of the Fed’s report on employment, wages and prices. That same section also said the Atlanta district noted that healthcare regulations are so burdensome there is a shortage of compliance specialists.

“Atlanta noted a lack of compliance specialists due to heavier regulations in the healthcare industry,” it said.

Remember when Nancy Pelosi told us that Obamacare would create 400,000 jobs, almost immediately? She stated that this job was not only about health care, it was about jobs too. As it turns out, it was about neither and you bought it hook, line and sinker America.

Obamacare is a nightmare for America and now it appears that the cowardly establishment Republicans  do not have the spine to defund this beast.