Thursday, July 02, 2009

Obamacare is a Job Killer

Warner Todd Huston (of publiusforum.com) sez:


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.


Prying1 sez: (posted in Warner's comments)


A business must plan to spend X amount of dollars for their labor. Normally this plan includes at least a bit of profit. Depending on business one year may see a bit more profit, another year a bit of loss. In the middle are expenses of which labor normally takes the biggest chunk.

The way I see this GOVERNMENT is planning on mandating that business put a bigger chunk of CHANGE into the soon to be GOVERNMENT controlled health industry.

Raising the prices of goods can only go so far before buyers go elsewhere or do without. With raising prices the ultimate consumer of those goods and services pays the GOVERNMENT controlled health industry.

These moneys must come from somewhere and even for a very, very low profit margin the only place I can see it coming from is salaries. That is until Government absolutely controls those too through their raising of minimum wages and perhaps someday putting caps on peoples take home checks.



The only difference between Obamacare and Hillarycare is the magnification of the scope and angle of the gun sights on the 'little people'. Some difference huh?

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