Tuesday, July 16, 2013
74% of small businesses to fire workers?
Gotta love this. The Washington Examiner headline is "74% of small businesses will fire workers, cut hours under Obamacare" (http://washingtonexaminer.com/74-of-small-businesses-will-fire-workers-cut-hours-under-obamacare/article/2533131). The report on which the article is based (http://uschambersmallbusinessnation.com/uploads/Chamber%20Small%20Business%20Survey%20Q2%207%2016%2012.pdf) says "Despite the Administration’s delay of the employer mandate by a year, small businesses expect the requirement to negatively impact their employees. 27% say they will cut hours to reduce full time employees, 24% will reduce hiring, and 23% plan to replace full time employees (30 hours per week or more) with part-time workers to avoid triggering the mandate." (24+27+23=74) The actual questions asked of the 1304 businesses surveyed aren't available--and the 3 percentages above are obviously not mutually exclusive. In fact, the first and last statistics say basically the same thing. How is this honest reporting--even if it is honest surveying (which also seems doubtful)?
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