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Tag Archives: small business

Aetna CEO sees piles of taxpayer financed profits thanks to Obamacare

That’s nice. It sure is good to know that the crony deal of the century (so far) Obamacare, is working out for the giant insurance companies. I was worried for them.

I’m joking of course since the giant health insurance companies along with Big Pharma wrote a good piece of the law. A law which was not even supported by a majority of Americans but was forced through Congress on questionable procedural grounds. A law which has now financially addicted a good portion of the American people like it was designed to. Yep, good times for the health insurance companies.

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The entrepreneur, a vanishing species?

It’s hard to start a business. It takes skill, capital, tolerance of risk, and just good old hard work. Layer the red tape on top of all the things a business owner must contend with in the marketplace these days and it’s not surprising that we are losing more businesses than we are creating as an economy.

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Obamacare Hits Small Business Hard in 2015

Small business is only the heart and soul of this country. No big deal. It’s not like it’s hard to make a small business work even without entangling government red tape and expensive mandates from DC made by bureaucrats who don’t even know what a payroll is. It’s pretty easy.

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The ACA and filing season. Be afraid

The Obamacare open enrollment period is upon us again. But as the author of the attached article says, enrollment isn’t the biggest challenge for the program over the next 6 months. When April 15th comes a LOT of individuals are going to be paying penalties they don’t realize they are going to have to pay.

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Obama admin repeatedly modified (Obamacare) ‘grandfathering’ rules to benefit big business, not individuals

Basically if one had an individual plan one was likely going to lose one’s coverage. If one was lucky enough to have a large group plan through a company then one was likely to see things remain the same. (Don’t want to upset the employees of corporate donors.)

It’s the small business owners, artists, consultants, etc. who get hammered, which is typical in a crony capitalist system.

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The Government and the Entrepreneurs

In the attached essay I think Simon Johnson gets it mostly right. He asks the same question that is asked all the time in some circles. “What should the government do to encourage entrepreneurs?” A least he says “not too much.”

He’s right about that but he still gives the obligatory nod to government “encouragement.”  He is writing in the New York Times so one has to expect this.

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