Posted on 01/05/2013 6:29:19 PM PST by 2ndDivisionVet
Obamacare opponents warned that forcing companies employing 50 or more full-time workers to buy healthcare would prompt employers to slash jobs and worker hours. And that’s exactly what’s happening, says one of President Barack Obama’s favorite economists, Mark Zandi of Moody’s Analytics.
“It will have a negative impact on job creation” this year, says Mr. Zandi.
The Obamacare employer mandate doesn’t go into effect until January 1, 2014, but the government requires businesses to track worker schedules for three to 12 months in advance. That means many employers plan to get a jump start on avoiding Obamacare’s $2,000 per-worker fine by firing workers now, reducing employee hours, or replacing full-time employees with part-time workers.
A survey by the International Franchise Association finds that 31% of franchisees say they plan to cut staff to duck under Obamacare’s 50-employer mandate. And another study by Mercer consulting firm found that half of businesses who don’t presently offer health insurance plan to reduce employee hours to avert triggering Obamacare’s penalties.
As Breitbart News has reported, Pennsylvania Community College of Allegheny County has already slashed the hours of 400 adjunct instructors, support staff, and part-time teachers to sidestep the Obamacare fines. Doing so will save the already cash-strapped college an estimated $6 million.
Other Obamacare provisions, like the medical devise excise tax, have forced Stryker medical supply to cut 1,170 positions, despite the fact that the founder of the company’s grandson was among Mr. Obama’s biggest campaign donors....
(Excerpt) Read more at breitbart.com ...
Why? what's the purpose of dong this?
My “company” just layed off a bunch last week. The main reasons were that our customers aren’t ordering as much because they are cutting costs because thier customers can’t afford Obamacare.
I think God I just got a new job that pays well, 9 month assignment but with a good chance of getting hired. It is in the mortgage/loan industry and I’ll do my best to get hired outright.
lets see...
> 60% of US economy is consumer driven
> 50% of US live paycheck to paycheck no savings at all
Smaller paychecks due to tax increases, smaller paychecks
due to reduced working hours.
We are seeing 2008 all over again
Make that “I THANK God...”
Obama voters are just idiots. If we allowed young children to vote, I doubt there would be much difference between voting preferences of a 9 year old boy and those of a 26 year old single “professional” woman.
Show a brief movie of an abortion and the 9 year old will know it is heinous crime and not a "constitutional right"
The 9 year old will know that taking guns from the law abiding will do nothing to stop criminals
The 9 year old will understand that taking 50% of his allowance money to give to his slacker brother to buy his vote is just plain bribery
Obama voters are just idiots. If we allowed young children to vote, I doubt there would be much difference between voting preferences of a 9 year old boy and those of a 26 year old single “professional” woman.
Even Pravda called him a commie.
Minister: ‘Give children the vote’
http://www.thelocal.de/politics/20130104-47129.html
To figure out avg hours which is the number used to determine if an employee is full time or part time.
I just fired Mrs. Wiggins.
“founder of the company’s grandson”— gotta be a better way of saying this.
Ditto on thanks to God. I’ve done a contract gig at a manufacturing facility that paid fair. I went perm as of the 1st and was (pleasntly) stunned at what they offered me to stay.
I will hang on as long as I can. My base plan is to bank every other check starting out to rebuild savings.
Good thing the voters cannot add 2 and 2, see the consequences of their own votes, or we’d have a revolution.
No one will say anything, nothing will happen. Period. Get used to it. It’s the new order of things. The list of things that have gone wrong and ignored over the last four years is almost incalculable. Whether it’s a forged birth certificate, a moribund economy, or the deaths of American personnel in a foreign diplomatic establishment, it’s not getting any play time. We’re f****d. Totally and completely f****d.
Tim Conway and the intercom was their best skit.
huckfillary is spot on.
America won’t recover from this 8 yrs.
Who is John Galt?
You may be right. A 9 year old may not have received enough indoctrination from his government school teachers yet. How about 10th grader - 15 years old?
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