The New Yorker: THE BUSINESS END OF O...

The New Yorker: THE BUSINESS END OF OBAMACARE

Posted in the Minneapolis Forum

Sammy

San Jose, CA

#1 Oct 7, 2013
(New Yorker) Meanwhile, the likely benefits of Obamacare for small businesses are enormous. To begin with, it’ll make it easier for people to start their own companies—which has always been a risky proposition in the U.S., because you couldn’t be sure of finding affordable health insurance. As John Arensmeyer, who heads the advocacy group Small Business Majority, and is himself a former small-business owner, told me, “In the U.S., we pride ourselves on our entrepreneurial spirit, but we’ve had this bizarre disincentive in the system that’s kept people from starting new businesses.” Purely for the sake of health insurance, people stay in jobs they aren’t suited to—a phenomenon that economists call “job lock.” “With the new law, job lock goes away,” Arensmeyer said. “Anyone who wants to start a business can do so independent of the health-care costs.” Studies show that people who are freed from job lock (for instance, when they start qualifying for Medicare) are more likely to undertake something entrepreneurial, and one recent study projects that Obamacare could enable 1.5 million people to become self-employed.

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Christingle Matthews

Baltimore, MD

#2 Oct 14, 2013
These facts won't stand in the way of the Republicans badmouthing Obamacare.
goose

Carol Stream, IL

#3 Oct 14, 2013
What a crock! Like most accounting the left comes up with.
space ace

Baltimore, MD

#4 Oct 15, 2013
Obamacare will go down as the major social accomplishment of this century.

Since: Sep 11

Rogers, MN

#5 Oct 15, 2013
goose wrote:
What a crock! Like most accounting the left comes up with.
That plagiarized story fails to account for (no surprise)the large number of small to medium businesses who will simply drop health care for their employees and/or cut their hours and let them go on the exchange instead. In many cases for the same or more money than they were paying before.

Since: Sep 11

Rogers, MN

#7 Oct 15, 2013
space ace wrote:
Obamacare will go down as the major social accomplishment of this century.
It will certainly go down as the largest single tax hike on the middle class, and small to medium businesses in recent history. And the people in that middle class range who can't afford health insurance now, won't be able to afford Obama care either.

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