How Obamacare Is Affecting Small Business

Those one million suddenly-large businesses employ 106,165,501 full and part time employees – rounded off, that’s a bit more than 100 million workers.  Until now, those employers had no responsibility for providing health insurance for their employees – for hundreds of thousands of those small businesses, the added cost of providing insurance would have made them financially unable to compete with larger businesses – another reason why the SBA was created, to help them compete in a much larger arena.  Now, they will all have to either provide insurance that they cannot afford, or pay an equally-unaffordable penalty, which the Supreme Court last year redefined as a tax.

Overall, according to the 2010 census, the entire United States (including businesses, churches, government agencies and other employers) employs just over 121 million workers.  Of these 121 million workers, many obviously work several part-time jobs to help keep up with inflation and to survive the still-ongoing economic hard-times which began in 2007. That part-time phenomenon, which is why formerly small businesses can employ 106 million workers, is growing, as companies scramble to downsize their full-time workforce to avoid the penalties, taxes or insurance requirements – none of which they can afford, despite the bill being called the Affordable care Act.

"In employing these 106 million full-and part-time workers, these once-small (but now large) businesses pay their workers an annual payrolls of $4,266,231,000,500 – that’s four-point-three trillion dollars in round numbers.

With the stroke of a Presidential pen in March of 2010, by the act of signing into law the bill of which Speaker Pelosi famously said that “we have to pass the bill so that you can find out what is in it,” far more was changed than just the “Affordable Care Act.”  Courts and the Administration have yet to figure out a way of reconciling the SBA’s definition of “small” as being employers with from 500 to 1,500 employees, and a payroll of up to $21 million dollars annually."

 Read more here.

With one stroke of a pen the Democrat party has increased the stress level of an astounding amount of Americans. Is it worth it?

As for Obama, I doubt he cares what the unintended consequences are. Just my hunch.