Obamacare

I've read much of the Obama care plan. It will cost small businesses thousands of dollars per year for each employee, full time or part time. Most of the small businesses I work with have from 50 to 400 employees and their profits generally run under the 10% range. With labor costs running more than 60% of their business, it will bankrupt them. As a result we will have thousands of small businesses, who used to employ hundreds of people, out of business. It will be a lose/lose situation. More people will be unemployed, and more businesses will be out of business. Their only alternative will be to pass these costs on to the consumers.

Right or wrong, the program doesn't work financially. The government hasn't done anything to lower the costs, only redistribute the costs to others who will pay for it. Many industries and especially small businesses will suffer greatly, adding to unemployment.