Wednesday, July 17, 2013

74% of small businesses will fire workers, cut hours under Obamacare

And of course, you hear Democrats demonizing them for it, because these statist fools will never get that the sole purpose of a business is not to provide benefits, but to make a profit to stay in business, while simultaneously providing monetary compensation to its employees based on their work...
WashingtonExaminer: Despite the administration's controversial decision to delay forcing companies to join Obamacare for a year, three-quarters of small businesses are still making plans to duck the costly law by firing workers, reducing hours of full-time staff, or shift many to part-time, according to a sobering survey released by the U.S. Chamber of Commerce.

"Small businesses expect the requirement to negatively impact their employees. Twenty-seven percent say they will cut hours to reduce full time employees, 24 percent will reduce hiring, and 23 percent plan to replace full time employees with part-time workers to avoid triggering the mandate," said the Chamber business survey provided to Secrets.

Under Obamacare, just 30 hours — not the nationally recognized 40 hours — is considered full-time. Companies with 50 full-time workers or more are required to provide health care, or pay a fine.

The administration recently decided to wait a year before businesses had to comply, but many are trying to get ready anyway. The president did not delay the mandate that Americans must have health insurance or pay a fine, however.

Dealing with Obamacare is the biggest worry of small businesses and comes as they continue to see a sluggish economy which has already put a brake on their hiring. Just 17 percent reported adding employees in the past two years. And only one-in-five small business owners believe that they will add employees in the next two years.
That's ok, though, because the GOP leadership in the Senate just helped the Democrats pave the way for Labor Union thuggery to push all these businesses into compliance, or rather assimilation. Ironically, the same Big Labor organizations who complained that Obamacare would 'shatter' their health benefits and cause 'nightmare scenarios'. I guess this is their kiss and make up date.

And always remember, you didn't build that.

ADDENDUM I: Oh look, another byproduct...
TheDC: A new study suggests that nearly 1 million people could be moved from work to welfare by Obamacare.

The study by professors from Columbia University, Northwestern University and the University of Chicago has found that the Affordable Care Act may cause a significant number of people to quit the jobs they use to get employer-sponsored health insurance in favor of federal subsidies and welfare.
ADDENDUM II: Speaker Boehner, phony votes and gestures don't cut it.
TheHill: The House voted Wednesday to delay the ObamaCare employer mandate, defying a White House veto threat and winning over dozens of Democrats.

Republicans also approved a bill delaying the mandate that individuals purchase health insurance by 2014.
DEFUND the damn thing and KILL it!