The Obamacare is supposed to have a provision to offer multiple policies for small businesses to choose from but the Health and Human Services decided to delay the provision until 2015. That means the small businesses will just have one plan to choose from until 2015, a delay according to Louisiana Democrat Senator Mary Landrieu that will “prolong and exacerbate the health care costs that are crippling 29 million small businesses.” Democrats are now sweating, waking up to the fact that Obamacare could bring landslide defeat to them in 2014. Democrats are now joining the Republicans in wanting to repeal the tax on medical devices that will increase the costs for consumers.
The Obamacare nightmare is going to anger many Americans who are just finding out the more than 15-pages form they have to fill out to the IRS and the small businesses can already see the writings on the wall that Obamacare is going to be their worst nightmare ever. Last January, 30% of small businesses surveyed believed they may not be in business by next year.
Whatever economic recovery the country has been trying to do for the past five years may disappear by next year. It will face its biggest financial challenge ever and the boxing match between America and Obamacare could bring the biggest economic clobber and punch in history. America may experience a dangerous knockout punch just on the first year of implementing Obamacare. America may be knocked out by Obamacare just on the first round of next year.
Copyright 2013 Ketchie V. Schauf