Economics Deniers

The Obama administration has been busy making it more expensive for companies to hire workers. For the first quarter of 2015 compensation increased 2.8%, while benefits increased 2.6%.The Obama administration recently increased employment costs by having the Department of Labor mandate time-and-a-half overtime pay for workers who had previously been classified as managerial. And now the 10-15% price increases for Obamacare medical policies are starting to be posted.  This will only raise labor costs and depress productivity further. 



The Obama administration wails constantly about "deniers" of global warming. But it appears that they themselves are "deniers" of economics -- somehow believing that imposing higher labor costs on employers will encourage them to hire more workers.