ThinkProgress » Harvard Economist Estimates Health Repeal Would Destroy Up To 400,000 Jobs Per Year Over Decade

Of course facts mean nothing to the GOP and, apparently, a lot of voters….

Just as House Republicans gear up to repeal the “job killing” Affordable Care Act, the Department of Labor is reporting that the U.S. economy added 103,000 jobs last month, pushing the jobless rate down to a 19-month low of 9.4 percent.

In fact, since President Obama signed health reform into law on March 23, 2010, the economy has created approximately a total of 1.1 million new jobs in the private sector. One-fifth of the new jobs — over 200,000 — have been in the health care industry. Nevertheless, Republicans have spent the week decrying health reform as “job killing” legislation. Watch a compilation:

Aside from the fact that increasing access to health services will create thousands of jobs in the health care sector, Harvard economist David Cutler argues in new paper released this morning that repealing the health law would reverse these gains and could destroy 250,000 to 400,000 jobs annually over the next decade. Eliminating the law would increase health care costs and cause employers to reduce wages and cut jobs for those employees who already receive minimum wage or are in fixed contracts. From the report:

MORE:  ThinkProgress » Harvard Economist Estimates Health Repeal Would Destroy Up To 400,000 Jobs Per Year Over Decade.

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