In his first three years as president, Obama policy has directly lead to the loss of over 3 million jobs ... what will a second term cost America?
The following is a brief listing of a few of Obama's grandiose policies and their job-costing consequences:
As many as 1,500 GM dealerships closed down with a net job loss of 69,177 positions
The Chrysler bankruptcy closed 1454 dealerships and costing an estimated 60,000 jobs
Note: Obama took credit for 50,000 auto jobs created because of his genius GM takeover. He did not mention the 115,000 initially lost.
Using IHS Global Insight figures, there is a ripple effect at play, here: 3 jobs in related businesses for every dealership job loss or 390,000 related jobs lost because of this Obama policy.
His decision to wait on the Keystone Pipeline will cost of 20,000 direct and related jobs; there are estimates of 200,000 related jobs over the course of the coming decade -- lost jobs, is the point.
His union directed assault against Boeing, in South Carolina, will cost 5,000 while approving of a plane in Indonesia.
EPA new regulations under Obama will cost 1.4 million jobs by 2020.
Shutting down coal run power generating plants will cost 2 million jobs
Original Commentary by J Smithson
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