Side Effects: Medical Devices Tax Will Costs Jobs

Kathryn Nix / March 30, 2010

There’s only one way to pull the economy out of the doldrums. We need more jobs. Now.

As Obamacare inched its way toward passage, boosters of the radical legislation began making bold new claims about its virtues.  The bill, they said, would do far more than simply fix the health care system; it would create jobs and boost the economy, too.

[Oddly, they stopped short of claiming it would also help melt away the pounds as you sleep.]

Not surprisingly, the early evidence is quickly proving their claims to be false. (more…)