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They -- -- all right fair and balanced now to the president.
Former top economic advisor also Eagles -- who supports -- health Kara Lawson I'm not sure you heard caddie or not but she's a small business owner -- voicing.
Concerns -- are not unique to her.
I agree that I don't I don't dispute that I would -- highlight.
That any small business with fifty or fewer employees there is no employer mandate so -- argument.
Does not that that you're making does not apply to the vast majority of small businesses but it does apply to be successful small businesses the kind that create jobs to kind of grow the economy that that might otherwise be described as large.
Well yeah well you know what -- -- is that second look at 55 employees is not large -- you know obviously 500 employees you have looked at my five.
But I have to -- that that this thing is this go ahead.
-- there there are costs associated with that but when we look.
At the aggregate numbers for the whole economy.
We do not see.
Around the fifty employees.
We do not see big movements.
Of people having their hours cut that you're describing in the aggregate that is not what's happening well I don't see average earnings falling.
You know what you have seen.
-- -- November 2 because today the empire state survey was out for the audience at the Federal Reserve in the New York State area.
They talked -- manufacturing businesses.
And this is what they said in -- special supplementary -- question there.
To changes in 2014.
Because of Obama -- 8086 point 7% that the health -- development back 50% of substantially.
Almost 11% says they -- outsource more.
Six point 5% said they -- fire people or refrain from hiring a run at fifteen by employee number and five point 4% was shipped to full time from part time.
-- -- -- -- If you get impact of the economy those numbers add up what Austin bit.
-- what you just described as speculative.
What I'm describing is you do not see that in the date -- if you compare industries.
Where a lot of people are already covered -- for the mandate does not apply to them.
Two industries that -- that would be things like aerospace let's say.
And compare them to hotels -- fewer of the people are currently covered so the mandate would apply more.
You don't see any differential hiring.
Along those bases well good I'll tell you -- and -- -- economists have looking at the data is you do not see this.
Well that's that's certainly you have you're not emphasizing any of the positives I'm like oh let's go yeah now you're gonna -- have tons of positive but the the American public -- -- -- -- -- here's what we have seen.
On Friday we got the job -- but a couple.
Part time workers because of economic reasons we are seeing that -- And there's a ship that obviously the White House saw coming because they delayed this part of the -- health care law.
For ease at least a year so I don't have the -- on its intellectual conversation here it's not about economists let's be honest Austin.
Business owners are saying over and over again that this is gonna change the way we do business at the end of the day it's -- Harris -- is all that that then I think he got explained look of this overwhelming thing over the last three decades that the -- had to face.
Is health care costs rising triple the rate of inflation.
That's that thing has been crushing business government and individual budgets.
In the last two years we had the slowest growth rate of health care costs.
In many decades and a lot of people are attributing some component of that slowdown.
To the Affordable Care Act so if it affects the growth rate of health care costs.
It's vastly more important on the positive side did the things that you're describing so you don't agree that this law.
Need some serious retooling.
Or you're okay with this the way it's going right now because like I thought I would say -- nervous about this Austin and in all honesty I don't I -- -- I don't know about.
-- -- -- -- -- You're trying to put words about about that -- what I said.
I wish we were -- and -- In Washington where for any large bill like -- health care act or any other.
That we get revisit what's working what's not working we get adjusted I think.
Realistically the reason we cannot do that is because to open up any bill.
There is a group of people on the other side who say all the bill is open now we want to repeal everything they've had -- -- -- 55 different votes to repeal.
Obama care so I think.
Two on one hand say you think it should be revised.
Needs to at least be balanced with the recognition that their group of people who are not trying to revise it to figure out what's the best way to do it they're just trying to do.
Small business owners try to get ahead in this in this country and there -- -- saying right now what they're doing.
I hope that someone's listening because it's very painful often listen I appreciate you when you with the administration you -- -- celebrity now in his racing again and we'll talk again soon.
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