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, “nonfarm payroll employment changed little,” as the unemployment rate INCREASED, and economy generated only 54,000 jobs, during May – well below consensus estimates, and far below the 150,000 new jobs per month that most experts agree are needed just to keep up with the growth in the labor force.