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To: Tolerance Sucks Rocks
Of course many small businesses will not be able to afford to do this, so expect to see a significant number of them shut down or to try to survive with skeleton crews in 2014 and 2015.

Actually, this is economically illiterate.

It would only be accurate if employer A had to pay for insurance and Employer B did not, giving him an economic advantage that allows him to underprice A.

Or if Wendy's had to insure its employees while Burger King did not.

In actual fact, both will have to pay insurance and be forced to raise their prices. Since both raise prices, there is no economic advantage to either.

Higher prices may possibly mean slightly fewer people will eat hamburgers, but in general the clientele will just wind up paying more for their fast food so the employees will have health insurance.

Everything else being equal, there will be minimal impact on individual business owners. Impact on total economy is quite another matter.

12 posted on 01/08/2013 10:28:56 AM PST by Sherman Logan
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To: Sherman Logan
It would only be accurate if employer A had to pay for insurance and Employer B did not, giving him an economic advantage that allows him to underprice A.

You are assuming that small businesses only compete with other small businesses. That is rarely the case these days. Large businesses, which can absorb these kinds of regulatory costs much better, will simply swallow the niche market left by small businesses that go under. That is precisely the reason why large businesses often support seemingly self-harming regulations - because it prevents smaller competitors from succeeding.
34 posted on 01/09/2013 1:45:57 AM PST by fr_freak
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