For John, BLUF: Obama Care could decimate small businesses of 50 or more employees, but encourage more folks to take the small business plunge. Nothing to see here; just move along.
The InstaPundit put up a short post (with link) suggesting The Reid/Pelosi Patient Protection and Affordable Care Act (all 2700 or so pages) would tend to limit the size of small businesses to under 50 employees.
GETTING IT FAST AND HARD (CONT’D): How ObamaCare will keep unemployment high — by forcing small companies to cut their workforce to fewer than 50 people.I don't disagree, but I see it as a move that will stimulate the growth of the number of small businesses.
As I responded to Professor Reynolds:
The markets will still be there, looking for people to fill their needs.In this I got a Roger from The Other Cliff. Yes, this tends to reduce us to a nation of shopkeepers, and that is a good thing. More opportunities for more entrepreneurs.
Let's hear it for the 49ers!
Regards — Cliff