Businesses Hit Hard With Obamacare, Say Goodbye to Mom and Pop Stores


Obamacare will crush many small and medium sized businesses.

The most insidious part of Obamacare is the backdoor taxes, and defacto control of our healthcare by the nanny state that President Obama’s plan is loaded with. And here is another one that is not getting much play. Employers would be socked with requirements to pay for 72.5 percent of the cost of insurance premiums for their full-time employees under the plan being considered in the House.

They would also be required to pick up an as yet undetermined percentage of the insurance plans for part-time employees, as well. This alone will insure that part-time jobs across the nation are terminated for the destructive cost involved in having them.

Or, conversely, many full-time jobs will be eliminated if the costs of insurance is so steep and that of part-timers less so. Either way, jobs will be lost because of these new, never before seen expenses.

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Why Government Can’t Run a Business


This should be required reading by everyone under the sun.

In 1913, for instance, thinking it was being overcharged by the steel companies for armor plate for warships, the federal government decided to build its own plant. It estimated that a plant with a 10,000-ton annual capacity could produce armor plate for only 70% of what the steel companies charged.

When the plant was finally finished, however — three years after World War I had ended — it was millions over budget and able to produce armor plate only at twice what the steel companies charged. It produced one batch and then shut down, never to reopen.

The reasons listed for why government can’t run businesses include:

  1. Governments are run by politicians, not businessmen.
  2. Politicians need headlines.
  3. Government does not tolerate competition.
  4. Government enterprises are almost always monopolies and thus do not face competition at all.
  5. Successful corporations are run by benevolent despots.
  6. Government is regulated by government.
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