Former House Speaker Nancy Pelosi spoke in 2010 about Obamacare expressing her support for how it would add more jobs to the economy among other overall added benefits that come with President Obama’s healthcare law. Now if we fast forward to today, June 2013, a recently release stunning Gallop survey shows that the law is actually having the opposite effect. The survey shows that 41% of small business are actually on a hiring freeze because of he added costs of hiring employees. Moreover, 38% of business claim they are actually pulling back on plans to grow their business, while only 9% of businesses surveyed reported that the President’s healthcare law actually is good for business. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to examine the claims made that Obamacare would add jobs when it was introduced versus what is happening today.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: chapwood investments, ed butowsky, financial manager, fox news, healthcare law, nancy pelosi, obamacare, president, small business, wealth manager
