Republican rhetoric on jobs at odds with data, reality (i.e. more msgs from RW Alternate Universe)
http://www.msnbc.com/rachel-maddow-show/republican-rhetoric-jobs-odds-data-reality
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Really? The Affordable Care Act has been killing jobs? Lets take a closer look to see if Pence has any idea what hes talking about.
As regular readers may recall, in 2014, the first full year of ACA implementation, job growth reached a 15-year high. In fact, the first two years of ACA implementation were the best back-to-back yearsfor job creation since the 1990s.
But we can go a little further with this. Forbes Dan Diamond made a great observation, which inspired the above chart, noting private-sector employment in the United States over the last eight years. The red line shows the final two years of the Bush/Cheney era, as the private sector shed jobs; the light blue line shows the first year of the Obama era, when the Great Recession started to end; and the hard blue line shows March 2010 through the present.
As Diamond added a while back, Obamacare was signed into law in March 2010. The private sector hasnt lost jobs since.
As things stand, the U.S. economy is on track to create over 2 million jobs in 2016, which will be the sixth consecutive year in which weve crossed this threshold. The last time Americans saw a six-year stretch like this was also the late 1990s.
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