It’s a lot of fun to play the Obamacare vs the Labor Force game. The best one is looking at private sector employment before and after Obamacare was signed into law on March 2010.
Private Payroll Employment (thousands)
March 1999 107938
March 2010 106961
March 2013 113454
So in the 11 years prior to the passage of Obamacare, fewer than zero jobs were added to the private sector. In the 3 years following the passage of Obamacare, nearly 7 million jobs were added to the private sector.
It’s quite the job killer.
Now two points of clarification:
==> In my post, I wasn’t saying ObamaCare had caused the change in PT/FT employment. That was actually my point, that it had moved earlier and so (at best) could be blamed on more general “regime uncertainty.”
==> It’s conceivable Joe is just being ironic, and wants to show how one could be extremely misleading with statistics if one wanted. (He does that a lot in the comments here…)
Anyway, I thought this was a good opportunity to show how one can indeed mislead with statistics. I didn’t check the exact numbers, but I have no reason to doubt Joe’s claims above. Yet look at the chart:
Last thing: I know conventional wisdom says, “Don’t feed a troll,” but my plug-in analog clock says it’s before midnight so we should be OK.