Friday, March 07, 2014

Obamacare Helping Make Sure Small Business Stays Small

Small Businesses, as claimed by politicians of all stripes, help drive America. Indeed Obama himself lauded them as as “the lifeblood of our economy".

So the Obama administration, courtesy of Obamacare, is driving them into the ground with increased costs and administratrivia.

The Detroit News: Small business already sick of Obamacare

Read the whole article, but here's the rub: To keep offering the same health plan to their employees that they were offering before Obamacare would cost American Gear & Engineering Inc an additional $107,000 per year.

For a small business, an additional $107K is not an affordable added expense to bear and be able to keep in business, especially in this economy.

As Emerson says:

“That’s a helluva change. I’ve got some guys out in the shop whose wives have serious health conditions. How do any of us get ahead? How do you get motivated to come to work? How do I get motivated to come to work?”

Motivation will likely be in the form of an IRS audit after daring to speak out about this unaffordable Obamacare train wreck.

No comments: