February 22, 2012How "Uncertainty" Didn't Kill the Economy
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 AP Photo Whatever happened to the dread horror of job-killing uncertainty? Just last year, the talking point was all the rage, unanimously chorused by GOP pundits, politicians and economists looking to hammer President Obama for a stalled-out economy. The argument was simple: Employers were refusing to hire because they feared the “regulatory uncertainty” flowing in the wake of the passage of the Affordable Care Act and the Dodd-Frank bank reform law. Terrified that the future implementation of these reforms would crimp their profits, employers laid low. A policy analyst at the Heritage Foundation provided the smoking gun: He argued that job growth slowed dramatically almost immediately after the passage of the Affordable Care Act in April 2010 — “this suggests,” he wrote,... Related Topics: economy RECOMMENDED ARTICLES
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