Posted on 12/29/2011 4:42:46 PM PST by Libloather
John Stossel: The harm Obamacare's already inflicting
JOHN STOSSEL
Published Dec 23, 2011 at 3:00 am (Updated Dec 22, 2011)
President Obama says his health care “reform” will be good for business.
Business has learned the truth.
Three successful businessmen explained to me how Obamacare is a reason that unemployment stays high. Its length and complexity make businessmen wary of expanding.
Mike Whalen, CEO of Heart of America Group, which runs hotels and restaurants, said that when he asked his company’s health insurance experts to summarize the impact of Obamacare, “the three of them kind of looked at each other and said, ‘We’ve gone to seminar after seminar, and, Mike, we can’t tell you.’ I think that just kind of sums up the uncertainty.”
Brad Anderson, CEO of Best Buy, added that Obamacare makes it impossible to achieve even basic certainty about future personnel costs:
“If I was trying to get you to fund a new business I had started and you asked me what my payroll was going to be three years from now per employee, if I went to the deepest specialist in the industry, he can’t tell me what it’s actually going to cost, let alone what I’m going to be responsible for.”
(Excerpt) Read more at unionleader.com ...
I haven’t heard anyone say his healthcare costs have gone down, but I’ve heard a number of people remark without a hint of partisan (or racial) acrimony that their healthcare costs have gone up.
And the US birth rate has dropped. Higher tax rates lead to lower birth rates.
The future belongs to those who show up. Shoot a quiver full of conservative arrows to the future.
Demographics is destiny.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.