Contrary to WaPo Headline, the NY Fed Did Not Find Employers Are Cutting Jobs Because of Obamacare

In his Washington Post business section column Gene Marks made a classic journalistic mistake: he reported what people claim to be the case as fact. Specifically, he reported that employers are curtailing hiring and increasing part-time employment in response to Obamacare. In fact, the basis for this assertion is a survey of 200 business executives by the New York district Federal Reserve Bank.

There are two basic problems here. The business executives may be inclined to say they are cutting...