Bill Clinton is right. Obamacare is no friend of small businesses.
Bill Clinton: Obamacare a 'crazy system' where small businesses are 'getting killed'
Former President Bill Clinton characterized the Affordable Care Act Monday as a crazy system in which small business owners are getting killed. We've got to figure out what to do now on healthcare, Clinton said Monday at a campaign event in Flint, Mich. Her opponent [GOP nominee Donald Trump] said, 'Oh, just repeal it all. The market will take care of it.' That didn't work out very well for us, did it? We wound up with the most expensive system in the world and we insured the smallest percentage of people. On the other hand, the current system works fine, if you're eligible for Medicaid, if you're a lower-income working person, if you're already on Medicare or if you get enough subsidies on a modest income that you can afford your health care, he said. He said that's a good deal compared to the options that used to be available, but said it's not a perfect system, especially if you're a small business owner.