Friday, October 8, 2010

Rhetoric vs. Reality: Health Care “Reform” and Jobs

CLAIM:  “So this bill is not only about the health security of America.  It’s about jobs.  In its life it will create 4 million jobs — 400,000 jobs almost immediately.”

— Speaker Pelosi at the White House health summit

FACT:  According to this morning’s release from the Bureau of Labor Statistics, the economy as a whole lost a total of 95,000 jobs in September, and the private sector created only 64,000 jobs — far fewer than the 150,000 new jobs per month that most experts agree are needed just to keep up with the growth in the labor force.