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Small Business Assault from Obamacare
Hold on to your socks, the part time hiring of employees will become the new normal. The biggest prohibitive hit against job creation is in full motion. The consequences from Obamacare place a drag on the economy that is undeniable. This mugging of small business will guarantee that the primary engine of employment will sputter and knock, as the federal government forces higher and higher taxes on the last semblance of free enterprise.
Do not ignore the significance of this seminal moment. Forget about any economic recovery on Main Street. The unemployment stats will be stuck in a permanent loop, as the gross domestic product stagnates, at best. The more likelihood is that the characterized "double dip" recession will experience a full-blown depression. Government’s response will inflate prices in a feeble attempt to stave off deflation retractions.
Ponder the fallout of this escalated assault on the middle class. Larry Kudlow portrays in John Roberts Is a Super-Taxer the Supreme Court ruling as a dangerous precedent.
Watch the video of Stephen Moore, Senior Economics Writer with the Wall Street Journal, explaining that nearly 75% of Obamacare costs will fall on the backs of those Americans making less than $120,000 a year.
How Will The Supreme Court’s Decision To Uphold Obamacare Affect Small Businesses And Job Creation?, confronts the consequences of approving the tax mandate.
When the pro government mouthpiece CNBC reports of negative aftermaths, you know the prospects are awful. From Small Business on Obamacare: No Reason to Hire or Invest the warning follows: