Last Resistance proves that any choice Barack Obama makes can indeed be the wrong choice:

With all of the problems associated with Obamacare and the failed rollout of the online signup program, President Obama has left small business owners in a paradox that could be very costly to them.

In a move that Obama says will help small business owners; he delayed the launch of an online healthcare exchange for them for a year.  But like many private individuals, many small business owners are finding that their policies are being cancelled due to the requirements imposed by Obamacare.  This is leaving small business owners with no insurance for them or their employees and no access to an exchange program for a year. …

At a time when the economy is still struggling and many small business owners are barely keeping their businesses running, this insurance nightmare may be more than some can bear.  Obama has repeatedly promised to help small businesses, but his actions say otherwise.

Earlier this year, small business owners were facing a number of tax increases that Obama instituted.  If a small business owner makes $250,000 or more a year, they faced combined tax increases of 6%-10%.

Obama has also been pushing to increase the minimum wage from $7.25 per hour to $9 per hour.  In August, Barbara Boxer (D-CA) wanted the minimum wage pushed up to $10 per hour.  Fast food workers belonging to unions, most of which are Democrats and followers of Obama were pushing for minimum wages of $15 per hour.

Between increased taxes, possible increase in minimum wage and decreased retail sales, the healthcare insurance nightmare of having policies cancelled and no way to sign up for new coverage for a year can and probably will be the breaking point for some small business owners.

I heard recently from someone who invested her entire retirement savings into her business. Sometimes you have to do things like that. (During the 1990s one way to find startup capital was to fill out every credit card application you got in the mail, and max out the cards immediately to buy whatever your businesses needed to start.)

One comment on the story disagreed with the term “cancelled.” The commenter, who claimed to have worked in insurance, said that policies can generally canceled only for two reasons — nonpayment of premiums, and fraud on the application. However, health insurance companies can decline to renew policies — if, for instance, the policy no doesn’t meet the requirements of the Affordable Care Act, such as required maternity care for anyone of any age — and that is what’s happening. To the business owner who suddenly loses his or her employees’ insurance, the result is the same.