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  1. How ObamaCare will keep unemployment high — by forcing small companies to cut their workforce to fewer than 50 people

    Under the circumstances, how likely is the company to hire that 50th worker? Or, if a company already has 50 workers, isn’t the company likely to lay off one employee? Or cut hours and make some employees part time, thus getting under the 50 employee cap? Indeed, a study by Mercer found that 18% of companies were likely to do exactly that. It’s worth noting that in France, another country where numerous government regulations kick in at 50 workers, there are 1,500 companies with 48 employees and 1,600 with 49 employees, but just 660 with 50 and only 500 with 51.

    New York City’s small business could be particularly hard hit. Of the 238,851 city firms included in a state Department of Labor survey, 96% had fewer than 50 employees. How many of them, given the chance to expand, will look at the mandate and decide they’d rather keep their small business small?

    Overall, according to the Congressional Budget Office, ObamaCare could end up costing as many as 800,000 jobs.

    That’s 800,000 people losing jobs in 2013! Not glibly as in eventually, these losses will be front loaded probably to the first quarter.

    The CBO’s estimate may be low, scale up France’s workforce proportionally to meet that of the US workforce.

    We already know what the liberal spin is going to be, the fiscal cliff caused the recession, not ObamaCare. It’s all the Republicans fault.

    Comment by dscott — November 24, 2012 @ 3:59 pm

  2. Nothing is truly ‘free.’ The costs of these bureaucratized “free exams” is not just in freedom but in wasted resources and in a physicians valuable time.

    Comment by zf — November 24, 2012 @ 5:21 pm

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