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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 laws 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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