The stats here offer a sobering look at the deleterious effects of Obamacare. While the naked emperor in the White House is beating his chest because there are what, 18 more people with health care than were previously insured, job growth in big business is becoming terminally ill.
The article is lengthy, so here’s the money take-away:
Obamacare will cost large U.S. employers between $4,800 to $5,900 per employee.
Large employers expect overall Obamacare-related cost increases of between $163 million and $200 million per employer, or an increase of 4.3 percent in 2016 and 8.4 percent in 2023 over and above what they would otherwise be spending.
Based on these data, the total cost of Obamacare to all large U.S. employers will amount to between $151 billion and $186 billion, or 5.9 percent more than what they would otherwise be spending.
Yeah, that’ll encourage job growth.