Obama-Kare does the exact opposite - It is a job killer, not a job creator.
As the full costs of Obama-Kare fall on employers they will be forced to seek ways to reduce the number of employees for which they must provide a medical plan.
Some of the most obvious things they will do:
- Small companies will freeze employment below the minimum requiring health plan participation
- Hold employee hours below the minimum by using part time employees
- Pay overtime instead of keeping higher numbers of employees
- Move factories out of the USA
The Labor Force Participation Rate will continue to drop.
The media will call it "Unexpected".
It simply COSTS to much to manufacture in this country!
If we do NOT re-impose tariffs; then every bit of our ‘money’ will bleed out to the world as surely as water runs down hill.
I’m not sure you’re right, if companies really are allowed to make most employees “29ers” and avoid Obamacare.
That seems like a way for the fedgov to boost the employment stats.