Health “Reform:” It’s a Job Killer
The Associated Press reports today on the job-killing impact of the new tax on medical devices included as part of the health care law. The article points out that the $20 billion in tax increases will force device makers “to lay off workers and curb the research and development of new medical tools.”
Unemployment remains near record highs, and while the federal government’s census may be creating (temporary) jobs, the private sector remains reluctant to hire. While Speaker Pelosi may celebrate job losses because people can “be creative and be a musician or whatever,” many people would fail to see how impeding the ability of an industry that employs hundreds of thousands to create innovative and life-saving medical tools constitutes “reform.”