[youtube http://www.youtube.com/watch?v=tTWN21QdlIA]President Obama refused to acknowledge reports that Obamacare harms small business during a recent interview.
The reporter from KTIV Sioux City, Iowa pressed the president Monday about what he had heard from a business owner about how the law hurts them.
“…[T]he only folks that have been impacted in terms of the health care bill are insurance companies who are required to make sure that they’re providing preventive care, or they’re not dropping your coverage when you get sick,” Obama said. “And so, this particular company probably wouldn’t have been impacted by that. I know that there’s a perception sometimes that there’s all kinds of regulations coming out of Washington, the truth is actually we’ve seen fewer regulations coming out of my administration than the previous administration.”
But Obama’s spin stands at odds with published reports.
The Washington Post reported last fall that although the present administration has issued less regulations than the Bush administration in terms of overall numbers, the Obama administration has issued more regulations that have a direct impact on the economy.
And a McKinsey & Company survey from 2011 found that between 45 percent and 50 percent of the 1,300 employers it interviewed across the country indicate they plan to drop their employee coverage and pursue alternatives to employer-sponsored health plans after 2014.
