Drive down Wilshire Boulevard through Beverly Hill as I did today. Walk down Santa Monica Boulevard in West Hollywood as I did last week. Take a jaunt down any major commercial thoroughfare in Los Angeles. You’ll notice something everywhere, empty store fronts and commercial space for rent. “For Lease” and “Available” signs seem to decorate more display windows in Hollywood and Beverly Hills than do manikins sporting the latest fashions.
And thanks to House Democrats, we’re likely to see even more such signs in the future.
Among the many distasteful provisions in the Democrats’ health care bill are those requiring businesses to provide health care or pay a penalty if they don’t, thus, increasing the costs of hiring a new employee. With this increase–on top of the existing federal and state mandates and assorted regulations, creating new jobs becomes increasingly costly. And thus, it will be less likely that employers will be bringing on new employees any time soon.
House Speaker Nancy Pelosi’s claims notwithstanding, this is not a jobs bill. It won’t create jobs (well, except in the federal bureaucracy). It will burden employers and make it more difficult for up-and-coming entrepreneurs to bring in new talent. The costs of business are going up. And I wonder if Mrs. Pelosi and any in the Administration understand such costs.
This bill is not just bad or our health care system, it’s bad for business as well. The pushback begins tonight.
ADDENDUM: While watching the House vote today from my perch on the Stairmaster, I thought of this clip from Revenge of the Sith: