From Ali Meyers’ article at freebeacon.com, we have these data, which were taken from a study conducted by Professor Casey Mulligan, of the University of Chicago:
As a result of Obamacare, 22 percent of small businesses reported they are hiring fewer workers or reducing workers’ salaries, according to a report from the Mercatus Center.
In addition, 24 percent of large businesses, those with 50 to 199 employees, reported that they were reducing salaries and the number of hires.
Even though roughly half of small businesses said Obamacare did not change their employment practices, 31 percent said they were reducing hours or hiring more part-time workers instead of full-time workers.
Only 11 percent of small businesses said they were increasing salaries and only 10 percent said they were hiring more workers as a result of the Affordable Care Act.
“Thanks to the ACA, hiring the 50th full-time employee effectively costs another $70,000 a year on top of the normal salary and benefits,” Mulligan said. “Nationwide, we estimate the ACA-inspired practice of keeping payrolls below 50 has cost roughly 250,000 jobs.”
Is the Trump administration struggling mightily to either repeal this unworkable monstrosity outright or change it significantly? Yes it is…in no small part because Democrats are unified (compelled by their leadership) to fight changes any and every way they can.
But does ObamaCare NEED replacement or major surgery?
Read those data again. Then you tell me.
I hope the eventual construction of TrumpCare provides significant improvement over its current alternative. The sooner the better.
