I said nothing about "the insurance industry". As for your small business, my neighbor employs about 200 at their two small drive in restaurants. When Obamacare goes into effect, they will employ none. If you know any companies not "unsubstantiated assertion", They can be sued for financial mismanagement and they will lose. As I stated previously, they are required by law to do so.
I deal with small, medium & large companies everyday in my line of work. I can assure you this is one of the long term concerns (in addition to uncertain tax liabilities) they all share. If people really care to know why businesses are hesitant to hire, this is one of the main reasons. How much sense does it make for a business to begin hiring & expanding without knowing what the landscape is going to look like?
BS! First of all, "two small restaurants employing 200 people"? I've worked in plenty of restaurants in my time both large and small and there is no way they would have ever totaled 200 employees. Next, you are claiming that the restaurants will go under because of the PPACA goes into effect and small businesses will actually get a tax break. They must be some lousy business people if they go under for getting a tax break or you are simply making it up again. Guess which one I believe?
That's odd, because a poll just posted yesterday on NRO, taken of small business people, indicated that the new health carelaw was a key concern of just five -- as in FIVE -- percent of respondents. Shall I dig up the link?
Found the link. It's a Gallup poll. Government regs only tops the poll if you break "lack of consumer demand" and "low consumer confidence" into two categories... but do look to see where concern over the health care law has fallen! http://www.nationalreview.com/corne...ern-among-small-business-owners-andrew-stiles
Go read the law. Part time employees (nearly all she has are high school car hops) are required to have medical insurance under the new law. Paying for insurance versus not paying for insurance is no break. Incidentally, they do not want her to cover their medical insurance because they get better coverage from the government (kindly paid for by my tax dollars). Now if you would like to come down here and explain how that will save them any money, I am sure their CPA would appreciate the advice - although my guess is that he will ignore it. BTW, I made a slight mistake. She has 3 restaurants.
Wonder how many of the folks who responded "uncertain gov't regulations" were thinking Obamacare? Polls are just polls...you put stock in them when they support your position and dismiss them when they don't. I was referring to the real world when I posted what I did.
Why would that be uncertain? It's the law. Nothing uncertain about it, unless you want to include the repeal shenanigans advanced by the GOP, right? Are you suggesting that Gallup doesn't poll real-world businesses? Who else would they be polling??? Your examples are anecdotal, useful and valid for discussion but not necessarily representative of anything other than the opiions of those who voiced them.
I like Disraeli's assessment best: "My idea of an agreeable person is a person who agrees with me". Anything else is just a cheap imitation.
The law? The administration can't even answer simple questions & they crafted the law. Have you ever seen Jay Carney or Robert Gibbs squirm & dodge when asked about specifics of Obamacare? I attended a forum at a local hospital where a BO guy was supposed to explain the new laws in detail...he couldn't answer some pretty basic questions. No one knows- that's the reality of Obamcare. How many times has the WH come out to explain or justify a "discrepancy" in the law? Remember the keeping your doctor thing? We were told that was a basic part of the law. Wrong! Remember you were able to keep your current insurance? Put an asterik next to that one because while the new law technically allows it, it is written so that it becomes impossible (which is why our rates are increasing now). Obamacare is the messiest, most convoluted piece of crap ever written. Why else would so many dims (not to mention unions & special interest groups) only support it if their constituents were exempted? Think about that one.
I figure you would appreciate that. As for your question, it may be the law, but the regulations have not yet been written. Just as a for-instance; http://www.usnews.com/news/washingt...-of-obamacare-equals-429-pages-of-regulations So, yes, there is a whole bunch about obamacare that is uncertain not even counting the fact that it will likely be ruled unconstitutional.