How Small Business is Reacting to ObamaCare

The International Franchise Association and the Chamber of Commerce have released a survey of companies representing 42 million jobs:

  • SixObamacareSmallBusinessImpactty-four percent of franchise and 53 percent of non-franchise businesses believe the health care law will have a negative impact on their businesses.
  • Twenty-nine percent of franchise and 41 percent of non-franchise businesses are already seeing health care costs increase due to the law.
  • More than 50 percent of franchise and non-franchise businesses are planning to make decisions, such as reducing employee’s hours, to comply with the law’s employer mandate.

Comments (12)

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  1. PJ says:

    So basically, ObamaCare continues to be a success.

  2. Devon Herrick says:

    Any time something creates uncertainty — whether it be economic, natural disasters or governmental regulations — the response will be fewer jobs created, fewer loans taken out, less expansion. That’s just the nature of business.

    • Dewaine says:

      Definitely. Even worse is the added uncertainty of ever changing rules and deadlines. If we are going to drastically change the economy we must at least do it the way we say to minimize the damage.

  3. Bobby says:

    I like the cartoon.

  4. Adam says:

    And people wonder why there are so few self-employed people these days.

  5. Dewaine says:

    These are big hits. We think “oh, that is bad for them”, no, it is bad for all of us. Expect your life to become harder.