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Does anybody realize how obamacare is going to shoot unemployment rate through the roof?

Ok more people are gonna have insurance now. But look at how many jobs are gonna be lost. Businesses are gonna cut their employees down to under 50 so they don't have to provide insurance. Even where I work they actually said they're gonna do it if Obamacare goes through. And they're actually gonna remove a department in their business to do this, showing that this will hurt small businesses too. I never really heard anyone point this out, how jobs are going to be lost because of this.

Asked By: Mike - 6/29/2012
Best Answer - Chosen by Asker
This is just one example of how it will hurt not only business but also the people they serve. There are NO free lunches anymore in America. Obamacare has become the biggest tax increase in history. The Congressional Budget Office in March predicted Obamacare will cost $1.76 trillion over 10 years double what it was... More
Answered By: gatita - 7/1/2012
Additional Answers (8)
When interracial marriage was legalized in the early 60s, racists claimed it was like mating two species and would result in loads of birth defects. Guess what didn't happen... More
Answered By: Artemisc - 6/29/2012
 
9% unemployment will be the new normal, deal with it.
Answered By: rusty_1491 - 6/29/2012
 
I think it will bankrupt America. Jamlord: Medicare is a train wreck! $60 billion is lost every year through medicare fraud. The government can't control it.
Answered By: Jimmy - 6/29/2012
 
I think there will be less jobs just because some people will just choose not to work if they get free stuff which would mean higher taxes and less money to spend.
Answered By: Ryan Nolte - 6/29/2012
 
The Republicans also said that Medicare would be a train wreck waiting to happen. Have you noticed that all of the people who complain about the new health care legislation always have health insurance? Notice how Republicans insisted that we continue giving the oil companies $2 Billion every year in subsidies and tax... More
Answered By: Jamlord - 6/29/2012
 
Dear Wu Tang For Life... More
Answered By: Josiah - 6/30/2012
 
If a company needs 100 people to operate successfully, it makes no sense to reduce his workforce to avoid offering insurance but even if that were true, the individuals will be able to buy their own insurance and maybe cheaper from the exchange in 2014. Small businesses have been getting tax credits since 2010 under... More
Answered By: Flower - 6/30/2012
 
Those who don't will realize it all too late.
Answered By: pepgurli - 7/1/2012
 
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