ObamaCare Is A Lump Of Coal For Employers

On The 7th Day Of ObamaCare, Democrats Gave To Me … Businesses-A-Closing

DURING THE SALE OF OBAMACARE, OBAMA PROMISED “COST-SAVINGS” FOR EMPLOYERS

Obama Promised That ObamaCare Would Provide “Cost-Savings” To Employers That Could Result In Raises For Employees. OBAMA: “Americans who get their insurance through the workplace, cost-savings could be as much as $3,000 less per employer than if we do nothing. Now, think about that. That’s $3,000 your employer doesn’t have to pay, which means maybe she can afford to give you a raise.” (Barack Obama, Remarks At George Mason University, Fairfax, VA, 3/19/10)

BUT ACCORDING TO A POLL BY THE CHAMBER OF COMMERCE, OBAMACARE IS THE TOP WORRY FOR SMALL BUSINESS OWNERS

According To A July Chamber Of Commerce Poll, ObamaCare Now “Surpasses Economic Uncertainty As The Top Worry For Small Business Owners.” “Small business owners’ concern about the economy remained steady this quarter; however, their concern about the 2010 health care bill rose significantly in the past quarter and for the third quarter in a row (from 42% in January to 49% in June). Since June 2011, anxiety about the requirements of the law has increased by 10-points since and now surpasses economic uncertainty as the top worry for small business owners.” ( Harris Interactive/U.S. Chamber Of Commerce , 1,304 Small Business Executives, MoE 2.5 %, 6/21/13-7/8/13)

A Separate IFA Poll Shows That “Sixty-Four (64) Percent Of Business Decision-Makers In Franchise-Owned Businesses And 53 Percent Of Non-Franchisee-Owned Businesses Believe The ACA Will Have A Negative Impact On Their Businesses.” ( IFA/U.S. Chamber Of Commerce/Public Opinion Strategies , 414 Franchise-Owned And Non-Franchised Owned Businesses With 40 To 500 Employees, 11/13/13)

“Twenty-Nine (29) Percent Of Franchise And 41 Percent Of Non-Franchise Businesses Are Already Seeing Health Care Costs Increase Due To The Law.” ( IFA/U.S. Chamber Of Commerce/Public Opinion Strategies , 414 Franchise-Owned And Non-Franchised Owned Businesses With 40 To 500 Employees, 11/13/13)

The IFA Poll Shows That “The Employer Mandate Will Almost Double The Percentage Of Franchise-Owned Businesses And More Than Triple The Percentage Of Non-Franchise Businesses That Will Not Offer Health Care.” “Twenty-eight (28) percent of franchise and non-franchise businesses surveyed report that the employer mandate will mean they will drop coverage for their employees. In effect, among this segment of businesses, the employer mandate will almost double the percentage of franchise-owned businesses and more than triple the percentage of non-franchise businesses that will not offer health care.” (IFA/U.S. Chamber Of Commerce/Public Opinion Strategies , 414 Franchise-Owned And Non-Franchised Owned Businesses With 40 To 500 Employees, 11/13/13)

Via: GOP.com

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[VIDEO] Small Business Owner: Obamacare Driving Me to Drink

BY: Washington Free Beacon Staff
November 20, 2013 12:32 pm

A North Carolina small business owner said she is being driven to drink more alcohol because of the stress brought on by Obamacare’s regulations, drawing laughter at a hearing about the new exchanges Wednesday.

The founder of early2surg, Sheila Salter, produced a chart showing she was taking a $4,584 bite out of her business due to Obamacare’s mandate that plans have at least 10 “essential benefits” she didn’t want at a hearing about the new health exchanges Wednesday.

“Now I challenge anybody in this room to look at the services that i selected for myself noting that I’m 61,” said Early2Surg.  I know I don’t look it, and I have no children or history of alcohol or drug abuse. Yet. Okay? Because This is driving me to drink.”

SHEILA SALTER: When I hear people talk about oh, you know, go to the exchanges, shop, shop, shop. You have one plan, okay? That plan includes the benefits listed in the left-hand column. Now you can see Sheila’s plan. Sheila’s plan was the one that I chose. I chose my services. I’ve done that all these years. I chose those services, chose that deductible for $202 a month. Now, with Obamacare, I have to have those ten essential benefits. Now I challenge anybody in this room to look at the services that I selected for myself, noting that I’m 61. i know I don’t look it, and I have no children or history of alcohol or drug abuse. Yet. Okay, because this is driving me to drink. But does anybody here really think that I need all the services on the left-hand column? I don’t think so.

Via: WFB

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Welcome to the Unaffordable Careless Act

Small businesses won't grow, and more employees will work fewer hours. That's just for starters.

Harvard (and later Columbia) sociologist Robert K. Merton wrote in 1936 about the "unanticipated consequences of purposive social action." Pity that Barack Obama, an alumnus of both universities, either never read or took to heart Merton's warnings. It would have saved Americans a lot of misery.

The president certainly did not promote the Affordable Care Act by promising it would mean more part-time and fewer full-time jobs. Yet that is one of its unanticipated consequences.

A major provision of ObamaCare requires companies to provide health insurance to any employee who works more than 30 hours a week or pay a $2,000 per-person fine. Not surprisingly, the number of hourly employees working 30-34 hours a week dropped by an average of 146,500 a month over the past year, according to the Bureau of Labor Statistics. The number working 25-29 hours rose by 119,000 a month.

Consider individual workers such as single working mothers who need at least 35 hours waiting tables plus tips to make ends meet. If they are cut to under 30 hours, they will have to look for second jobs. If these moms can find a second job, they'll still have to juggle schedules, child care and transportation. Overall, even if 1% of the workforce is thus affected by this squeeze, that's nearly 1.4 million Americans.

Then there are younger workers, many of whom will start their careers by stringing together several part-time jobs, perhaps for years. Their predicament may delay when they start families, buy homes, pay off student loans and become independent.

The president's health law also unintentionally operates to prevent the smallest companies from growing. Owners have a strong incentive to stay below the law's 50-employee threshold at which they are required to provide health insurance.

Here the U.S. is following in the footsteps of France and other countries with sclerotic economies. Earlier this year, the National Bureau of Economic Research published a study of the French regulatory burden on businesses with more than 50 employees.

Via: Karl Rove

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Poll: Small businesses, manufacturers have bleak outlook on US economy

A poll released this week by the National Association of Manufacturers and the National Federation of Independent Business (NFIB) shows that a majority of small business owners and manufacturers think the U.S. business environment is getting progressively worse.

The national survey, conducted between Aug. 13 and Sept. 4, interviewed 800 small business owners and manufacturers and found that 69 percent of them think President Barack Obama’s policies have hurt American businesses and manufacturers, and 55 percent would not start a business today given the current environment.

“That’s something I think for us is not only alarming but really disappointing, because these are the risk takers in the economy,” NFIB vice president of public policy Brad Close told The Daily Caller. “I think that’s a red flag and it should be very troubling to folks, that entrepreneurs are saying they would not do what they did 10, 15, 20 years ago today if they had the choice.”

The survey showed that small business owners and manufacturers think federal regulations, taxes, government spending and the costs of health insurance and energy are the main causes of slow economic growth.

“What we’re up against is a tremendous amount of regulations,” Gordon Hunt, president and chief marketing officer of Illuminating Technologies, told TheDC. “We don’t want airplanes falling out of the sky, but we probably don’t need to know what size the cup can be that you serve Coke to us in the plane.”

Hunt said his company has covered 100 percent of their employees’ health insurance since the day they started, but they may not be able to continue doing that in the face of Obamacare.

“We’re really doing everything we can to keep [our employees] covered, but if our competition decides they’re better off paying a small penalty versus a higher cost of insurance for their employees, they’re going to have a competitive advantage over us,” Hunt said.

Via: Daily Caller

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