Saturday, November 24, 2012

How the Implementation of Obamacare Will Make the GOP a Majority Party

As we get closer to the day when Obamacare moves from threat to reality, it seems probable that the resulting catastrophe for tens of thousands of businesses, as well as the massive increase in premiums for many families, will propel Republicans to majority status in 2014. - Rick Moran/Pajamas Media

How many businesses will be forced to close shop? How many will cut back on the number of employees to stay in business? How many will refuse to expand, unable to handle the increased costs?

How many jobs will Obamacare cost?

Michael Tanner, senior fellow at the Cato Institute, lays out the grim reality

How ObamaCare will keep unemployment high — by forcing small companies to cut their workforce to fewer than 50 people... Overall, according to the Congressional Budget Office, ObamaCare could end up costing as many as 800,000 jobs.

The election showed us that ObamaCare is likely to be with us for quite some time. Unfortunately, a great many workers are about to find out the consequences of that decision.