More ObamaCare promises are going up in smoke

2) Obamacare will create millions of jobs.

In 2010, as Obamacare neared final passage, Nancy Pelosi promised it would be a big boost for Americans looking for work. “This bill is not only about the health security of America,” Pelosi said. “It’s about jobs. In its life it will create four million jobs, 400,000 jobs almost immediately.”

“The health care bill,” Pelosi said at another time, “is a jobs bill.”

It’s not. Yes, Obamacare will create some jobs — there are temporary positions as “navigators,” permanent jobs in the IRS and elsewhere to administer the program, and an expanded private health care bureaucracy. But Obamacare will likely cost a significant number of jobs in other areas, and the most optimistic assessments these days are that its effect on employment will be basically neutral.

Pelosi made the claim when Democrats were under attack for taking their attention away from the economy and focusing instead on passing health care reform. Now, her unfulfilled promise could come back to haunt Democrats.

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