Ira Stoll: Unhappy Labor Day, Obamacare Edition

Credit: WhiteHouse.govCredit: WhiteHouse.govWhen the Bureau of Labor Statistics releases the
unemployment number for the month of August this Friday, even an
improvement in last month’s 7.4 percent seasonally adjusted rate
will leave the number higher than it was during any month of the
George W. Bush presidency. Why are things so bad? As Ira Stoll
explains, a good part of the blame deserves to fall squarely on
President Barack Obama’s signature legislative achievement, the
Patient Protection and Affordable Care Act.