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More GOP Fail: Private Sector Jobs Boom As Obamacare Doesn’t Harm Growth

more from Sarah Jones
Wednesday, July, 3rd, 2013, 3:05 pm

barack obama

It’s time for Republicans to invent a new Obama scandal, because there’s more good economic news for the country. Private-sector employment increased by 188,000 from May to June, on a seasonally adjusted basis, according to an ADP National Employment Report.

“During the month of June, the U.S. private sector added 188,000 jobs, driven by gains across all sizes of businesses, and with small companies showing the largest overall monthly increase. Most notably, the goods-producing sector added 27,000 jobs in June, a marked improvement over the decline the previous month,” explained Carlos A. Rodriguez, president and chief executive officer of ADP.

Small businesses lead the charge in private sector job growth. Mom and pops (small businesses) are another segment Republicans pretend to own during campaign years but refuse to legislate in favor of unless big corporations get something first.

Highlights
• Small businesses (1-49 employees) +84,000
• Medium businesses (50-499 employees) +55,000
• Large businesses (500 or more employees) +49,000

The private sector – the sector Republicans claim ownership of – is growing under a Democratic President. Sadly, Republicans can take no ownership of the gains, as they have refused to legislate economic recovery or jobs, preferring to impose austerity on the country even when Europe has demonstrated the failure of that conservative economic model.

Worse yet for Republicans, health care reform is not killing job growth, as they’ve been fear-mongering it would. Mark Zandi, chief economist of Moody’s Analytics, concluded, “The job market continues to gracefully navigate through the strongly blowing fiscal headwinds. Health Care Reform does not appear to be significantly hampering job growth, at least not so far. Job gains are broad based across industries and businesses of all sizes.”

As a reminder of when all of this started and where we are now, here’s a graphic via ADP Research Institute:

job growth chart private sector

So things are getting better. No worries, patriots, the Republican Party still has a few ways to impose failure on the country; e.g., they are clinging to their threats to refuse to raise the debt ceiling (aka, pay off their bills), which could result in our credit rating taking a hit again and scaring international markets into a free-fall.

If that doesn’t ruin things for Obama, Republicans can refuse to reconcile the budget so they can continue to impose forced austerity via the sequester cuts — oh, wait, they’re already doing that.

The private sector added quite a few jobs and even Moody’s can’t find a way to blame ObamaCare for killing job growth as Republicans promised it would.

The narrative that healthcare for more Americans would kill job growth and therefore is bad and should not happen is a fail. The idea that we can’t help anyone and have a good economy is not panning out. The notion that we must starve the people in order to grow economically is not true. The notion that Democrats are bad for the private sector because only Republicans understand “business” is obviously false (see Wisconsin for clarity on Republican ideology in action – one of the worst states for business now, and historic job losses).

If Republicans don’t have the economy, the private sector (aka, “business), or jobs, and they already ceded national security and judgment to Democrats, what do they have left? Hating immigrants, hating gays, hating women, and pushing a patriarchal and warped version of their “values” onto the rest of the country (see Texas and North Carolina). Perhaps this explains the “divide” you see in our country. One party cares about the people and the country, another is desperately trying to appease anyone willing to vote against their own financial self interest, and apparently only hate will do that.




More GOP Fail: Private Sector Jobs Boom As Obamacare Doesn’t Harm Growth was written by Sarah Jones for PoliticusUSA.
© PoliticusUSA, Wed, Jul 3rd, 2013 — All Rights Reserved

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