4. Minimum-Wage Hike: Obama and Congress shoved up the hourly federal minimum wage in the midst of the severest part of the recession -- raising it from $6.55 an hour in 2008 to $7.25 an hour in 2009. It's possible no single government policy has killed more entry-level jobs than with this one.
5. Obamacare and jobs: No sooner did Obama sign his health care overhaul law, than a slew of companies began taking billions of dollars in new charges on their profit line to offset the higher costs they faced as a result of higher taxes for the $1 trillion plan. Boeing, Caterpillar John Deere and many others have said they will be forced to make cutbacks on their payrolls.
One study found that Obamacare includes more than a dozen tax hikes, fees or other penalties that will fall most heavily on middle-class workers and families, including a tax on those who do not buy government-approved health care.
6. Financial regulation bill: All regulations have their costs, and this one will be passed on to consumers in the form of higher credit costs and other fees. Those costs will also be offset with reduced payrolls. It will hit taxpayers, too, who will have to pay for the estimated 1,500 federal regulators Obama will hire to oversee the new laws.
But the ultimate job killer will be Obama's plans for the largest tax increase in American history, estimated at $3.8 trillion. Obama will sell this as a tax on the rich, but sensible economists, like University of Maryland's Peter Morici, warn that hiking the top tax rate "would sink the recovery."
"Increasing marginal rates to about 50 percent on half the income earned by (unincorporated) proprietorships would leave small- and medium-size businesses with too few resources and incentives to invest and create new jobs," Morici says.
There are many other job disincentives Obama and Congress have piled on the business community, but you get the point. We all get it, but apparently the nightly news networks don't.
Minnesota Mulls Obamacare Deadline Postponement: "Zero Policy Cards Have Been Issued" | Cortney O'Brien