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July 17, 2013

Ben Bernanke: Well Sure ObamaCare Reduces Employment!

You don't say.

Federal Reserve Chairman Ben Bernanke acknowledged that Obamacare regulations have caused employers to hire part-time workers, rather than full-time employees, but refused to say if Congress should delay the law’s mandates.

“[O]ne thing that we hear, you know, in the commentary we get at the FOMC is that some employers are hiring part-time in order to avoid the mandate there,” Bernanke told Rep. Marlin Stutzman, R-Ind., during a House hearing. “So we have heard that.”

White House Press Secretary Jay Carney adopted the opposite position during the press briefing Tuesday. “I would say broadly that if you look at the economic data, the suggestion that the [Affordable Care Act] is reducing full-time employment is belied by the facts,” Carney said.

Yes, I'm sure Jay Carney is looking through all the economic data.


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posted by Ace at 03:22 PM

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