SBA Poll Results: How has Obamacare impacted your spending?

The Question:
How has the troubled roll-out of Obamacare this year, and uncertainty about healthcare coverage for next year impacted your holiday spending?

15% - It has had no impact at all. We’re not concerned about it.

38% - We’re somewhat concerned but haven’t adjusted our holiday spending.

31% - We’re concerned, and it has somewhat impacted our holiday spending.

16% - Our concerns about Obamcare have significantly lowered our holiday budget.

My Comments:
Well, less than half of our respondents, 47%, report Obamacare concerns have impacted their holiday spending. But those who confess concern, if not spending restraint, represented 85% of our audience.

Once we were merely concerned about Obamacare based on uncertainty about how it would work. Now we have plenty of troubling evidence that makes the damage of this law less uncertain, and yet there is still so much more to come that we don’t know about in the remaining roll out in 2014. Thus, at this moment, Obamacare has created a kind of double jeopardy–bad news that is real and more uncertainty about what’s yet to come.

One day in the future, when political science and government classes focus on how to create and launch successful political policy, Obamacare will surely be the all-time example of how NOT to do it. In the meantime, Americans are having to live the reality that is Obamacare as the metaphor for an epic fail in government and politics.


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