IdiotCare, aka ObamaCare, kicks in once a company is 50 people strong. In a word, once the business starts to grow. The costs imposed by this mandate compel the company to duck-and-dive in order to stay alive.
Kari DePhillips, co-owner of a small PR firm, explains how the health-care law would impact her small businesses, and what she is doing to stay in business. Incidentally, small businesses are already adept at handling similar situations, so as to avoid incurring the costs of affirmative-action laws.
DePhillips, of The Content Factory, told Fox’s Gerri Willis that she is “scrambling” to comply with the mandate, for she must provide employees with healthcare or face fines.
The additional costs the Ass With Ears will be imposing on Mrs. DePhillips: The year 2012, for this business woman, will mark the first time the cost of healthcare per employee “broke the 10,000 mark”! “Multiply that by 50,” and this entrepreneur is in hock to the tune of $500,000.
Hiring “fewer people or hiring in a different capacity (part-time, “1099 contractors”) are two solutions mentioned on The Willis Report.
Moving to the state of New Hampshire, as part of the “Free State Project,” is another option this enterprising young woman intends to exercise in the future.
Both women failed to mention to the incorporation option. Create a new business (at a certain cost) each time your company reaches 49, hardly a viable option. It’s probably least risky to stay small.
Like the Europeans, don’t shoot for the sky.
In 2006 I visited The Netherlands, one of the more free-market countries on the Continent. Shops did not open, on Monday, until 11:00 am so as to conserve the labor force. Expensive merchandize was kept under lock-and-key; customers treated like potential thieves. The supermarkets—a small, expensive selection of merchandize—made a visit to Costco as invigorating as smelling salts following a fainting spell.
Wait until our businesses look like Europe’s: small, meager, expensive. Then, Americans will blame business and look to Obama for yet more regulation.