Federal Reserve: Obamacare Dragging Down Sales and Hiring
...according to the Fed's latest Beige Book report, an overview of the business conditions in each of its 12 districts.
From the Summary: “Many District contacts commented on the expired payroll tax holiday and the Affordable Care Act as having restrained sales growth. Employers cited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire more staff.”
From the Richmond District: “Employer continued to cite the Affordable Care Act and its unknown impacts as reasons for planned layoffs and reluctance to hire more staff.”
From the Dallas District: “Companies are hiring the absolute minimum to get by due to uncertainty about the Affordable Care Act.”
Looks like you and h12 never learned to read well. Of course you're one and the same live person. Too chicken to tell it though. Nothing in what you wrote says ObamaCare is dragging down sales and hiring. That's because it isn't and isn't going to. If certain employers choose to use and look for excuses, that isn't ObamaCare's fault. Don't forget to read "expired tax holiday " either.Just more half baked, falsely determined, criticisms from the Team. Next year everyone can get the health plan congress gets, what's wrong with that in your Obama obsessed mind(s)?