As I noted a couple of months ago, the volume of uninsured patients at my hospital and most others is spiking because people are losing their insurance coverage along with their jobs. So, yesterday’s bad news about unemployment was not welcome:
Lack of confidence in the economic recovery led employers to shed a more-than-expected 85,000 net jobs in December even as the unemployment rate held at 10 percent.
But not to worry. Turns out that the President made a nice speech about the jobless situation, and he tells us that double-digit unemployment isn’t necessarily a cause for worry. He’s got a sure fire plan to create “tens of thousands” of new jobs:
Obama announced the awarding of $2.3 billion in tax credits to companies that manufacture green technologies. The money will come from last year’s $787 billion stimulus program.
Stimulus program? Hmm … Why does that sound familiar? Oh, now I remember. That’s the plan that the President and his friends in Congress pushed through last year on the promise that it would prevent unemployment from reaching … er … 8 percent:
Will President Obama’s new plan to create “green jobs” be more succesful than his other stimulus initiatives? Not likely. And the Democrat claim that Obamacare will somehow “save and create millions more jobs” is pure, unadulterated BS.
So, the number of people without jobs will increase, as will the number of uninsured patients materializing in our ER. But there is one advantage to being unemployed—-one has lots of time to vote. This November, these folks will tell the Dems to take a hike.