Print this Page The Prescription Pad
Democrats’ Health Care Law the Wrong Prescription for Workers and Those Looking for Jobs
Small Business Cite Fewer Jobs, Higher Costs and Loss of Insurance Under ObamaCare
Tuesday, July 17, 2012
Despite former-Speaker Nancy Pelosi’s claim that the Democrats’ health care law would create “400,000 jobs almost immediately,” a new study revealed that over 70 percent of small businesses cite the health care law as a major obstacle to job creation. The U.S. Chamber of Commerce Q2 Small Business Study of over 1,200 small business executives also found that America’s job creators continue to report that the health care law may force them to reduce the size of their business and will likely result in termination of health insurance for their workers.
Key findings in the study include comments from owners which underscore the reality facing small businesses across the country that are struggling under the Democrats’ health care law.