Obamacare or Obamajobkiller?

Companies already must consider the cost of taxes for Social Security, Medicare, unemployment insurance and workers’ compensation when hiring new staff. combined with health benefits, these costs explain why a $50,000-a-year employee costs a company $62,500 to $70,000 (according to MIT business professor Joseph Hadzima). ObamaCare adds new costs by forcing employers to either provide workers with expensive, government-approved insurance or pay a fine.

The health law also discourages small businesses from becoming mid-size businesses because the mandate to provide insurance kicks in once you reach 50 or more employees. This is profoundly wrongheaded. Small business is the engine for job growth in America, but a recent survey found that 70 percent have no plans to increase hiring in the next year.
Read more: http://www.nypost.com/p/news/opinion/opedcolumnists/hidden_jobs_killer_nfudBPzZv0PL5qAo82bArM#ixzz1WjT7QTFy

If you don't understand why people can be hired - because their productivity creates more value than it costs - you won't see the inherent risk in making it more expensive to employ them.  Over the history of social interventions through Federal fiat, it has become more and more expensive to employ people.  This has a predictable consequence.