NATIONAL HARBOR, Md. – Rep. Tom Price (R-Ga.) warned Thursday about the effects of Obamacare on jobs, saying it creates perverse incentives for businesses by compelling them to seek ways to avoid the health care law’s burdens.
“You know who the 29ers and the 49ers are?” Price asked the audience at the Conservative Political Action Conference (CPAC). “29ers are folks who have seen their hours reduced from 40 hours a week to 29 hours a week so that their employer can get out from under the incredible burden of Obamacare. The 49ers are those employers who have decreased the number of employees to under 50 so that they’re not exposed to the burdens of Obamacare.”
He said a car dealership in his district with 168 full-time employees has gone down to two full-time employees, while the remaining 166 workers have moved to part-time employment.
“That’s economic destruction. This law is not just harming people’s healthcare lives, it’s harming their economic lives,” Price said.
Price said it was “astounding” to hear Senate Majority Leader Harry Reid’s claim last week that all the “horror stories” being told about the effects of Obamacare are untrue.
“It’s actually astounding that the leader of the U.S. Senate could make such a statement and mislead and deceive the American people in that way,” he said.