Obamacare's Impact on Businesses & the Economy

In 2006, when Indiana small-business owner Scott Womack purchased a development agreement to expand his IHOP franchise into Ohio, he had no idea Congress would pass a massive overhaul of the health care system four years later. Today, one year after that legislative overhaul became law, Womack is very aware of Obamacare -- and of its effects on his plans for growth.

Learn more about the effects of Obamacare at www.heritage.org/ImpactOfObamacare.

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  News & Politics

[LadyD2r]

As a former business owner, whose business was destroyed by Jimmy Carter's socialist policies, thank you for an excellent explanation of what the costs are. It's too late for my business, but we must save our country now.

[mrcombi]

Gee those right wing extremist are such greedy racists. /Sarc off

It's the only response the Liberals have...

[Ronald Mcdonald]

Obamacare: we were pretty fucked in the first place anyway

[paulb1988]

Just because you own your own business doesn't mean you sh*t money. There's stuff called overhead, payroll, etc. Do some homework before you break out your trolling.

[2020starman]

Maybe the Government will bail him out huh?

[roldrummer]

i am a current employee of Scott Womack.... Just because he owns 12 restaraunts does not mean he has money pouring out of his butt to pay for everyones healthcare with a $4000 margin... the store i work at has 90 emplyees alone. do the math. 90employees times $4000 time 12= $4,320,000/year... not cheap.

[swimmerdudemisha]

OH no the poor job creator. owns 12 restaurants, but cant afford it. yeah right.

[Justin Brundin]

So if healthcare is going to cost 7,000 dollars, how are these lower wage workers going to afford healthcare for themselves and their families?

[isaiahtpeterson]

Some pretty good points in this video. For restaurants that don't exploit their employees (ie: those that make only a small amount of profit off each employee), Obamacare could be devastating

[Jon Scovell]

That wasn't a significant response to my post. 

[httm241]

says a group that wants to cut social security

[Jon Scovell]

Its the same concept of mandated minimum wage. Mandating employers provide this service will increase their costs which will cause two things to happen, prices will sky rocket or the number of employees will be dramatically cut.