New Survey Shows America’s Businesses Bracing for ObamaCare Disaster

According to a new survey of business owners, the ObamaCare disaster is going to implode even further starting next year, as the law’s mandates and taxes hit the economy.

The survey, sponsored by the U.S. Chamber of Commerce, found that 31% of businesses have already reduced worker hours due to ObamaCare, and that 28% plan to drop health coverage for their employees thanks to ObamaCare’s mandates. Further, 64% admitted that they believe ObamaCare will have a negative impact on their businesses.

America’s economy can’t afford this train wreck.

From Yid With Lid:

According to a brand new survey, next year when the Obamacare employment mandate kicks in, full-time employment and personal are going to fall drastically. The survey was taken at the end of September/ early October, and projects that when the employer mandate goes into effect, full-time jobs will be cut and coverage will be dropped. 

Polling firm Public Opinion Strategies, working with the IFA and the U.S. Chamber of Commerce, polled the owners/executives  of C-level (CEO-types) executives of franchise and non-franchise businesses employing between 40 and 500 people. These businesses employ over 42 million people, which is more than one out of every four jobs in the country.

The results of the survey signal a bad economy is ahead:

Thirty-one percent (31%) of franchise and 12% of non-franchise businesses have already reduced worker hours because of the health care law.

Twenty-seven percent (27%) of franchise and 12% of non-franchise businesses have already replaced full-time workers with part-time employees because of the health care law.

Sixty-four percent (64%) of business decision-makers in franchise-owned businesses and 53% of non-franchise-owned businesses believe the Affordable Care Act (ACA) will have a negative impact on their businesses.

Twenty-eight percent (28%) of franchise and non-franchise businesses surveyed report that the employer mandate will mean they will drop coverage for their employees. 

If you ever wondered why the employer mandate was moved till 2015, after the midterm elections, this poll will explain why. Today, the progressives explain that the President’s lie only hurts 5% of the country. What will they say in early 2015 when Americans learn this President’s lie not only hurts 25% of employees represented by this survey, but all Americans who get their healthcare through their companies, and when the economy begins to slow because people are earning smaller wages because their hours were cut?