Quote from denner:
It's remarkably simple like you and Hello have stated. It increases the cost burden on business owners that have already had their margins stretched to the brink.
They had a C-Span hearing with two small business owners, one of which ran restaurant chains in Indiana and Ohio. Most of his employees were basically $9/hr with no healthcare, however, anybody who knows the restaurant industry knows that you could not have fully covered employees and still make a profit. He basically said that even if he covered half the employees, he'd have to close the business, there is no possible way to make the math work.
It's as if people can't put 2+2 together. How does everybody think these small businesses absorbed all of the commodity inflation in the past decade without closing shop? Just more fallout from the central planners and their money spiggot. It manifests itself in so many damaging ways, but people get so caught up in some impractical ideology, that they miss out on all the details.
