Obamacare: No Friend of Small Business
Kathryn Nix /
Obamacare was marketed to the American people as health care reform that would expand coverage to reduce the number of uninsured. One of the ways this would be accomplished, proponents said, was by making it easier for small business to offer insurance. Small businesses are the backbone of the American economy and have the greatest potential to create the jobs that Americans are currently desperate for.
Unfortunately, Obamacare will hinder the growth of these businesses. In a recent paper, Heritage’s John Ligon explains how the new health care laws will be largely ineffective at expanding coverage offered by small business, while simultaneously severely limiting job creation and growth. (more…)