Posted on 11/07/2012 6:40:09 PM PST by tobyhill
One layer of uncertainty was removed for small-business owners Tuesday, when President Obama was reelected to a second term. While issues like the fiscal cliff and potential new regulations are still unresolved, the small-business community now knows the Affordable Care Act will stand, and tax increases for those making above $250,000 annually are likely.
Upon hearing the election results, Craig Dunaway called a meeting of his 75 franchisees to assure them as best he could about what their future holds. Cincinnati, Ohio-based Dunaway is the president of Penn Station East Coast Subs and the owner of 14 Penn Station restaurants. In total, he has 250 locations in 13 states. “I wanted to bring everyone together to talk about what we can do, and make sure we are beacons of light for our franchisees,” he said. “No one can change the results of the election.”
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“It’s those hidden unknowns that can cost them thousands of dollars,” he said. “To recoup those costs they may raise their prices or cut hours.”
(Excerpt) Read more at smallbusiness.foxbusiness.com ...
Since the cheating Labor Dept. now counts 34 hr/wk as “full employment,” they’ll probably be moving that number down to 30/wk now. If we had real numbers of unemployed or part time employed, it would be close to 16% unemployed/underemployed.
Following Europe where 32 hours is considered full time.
Welcome to the new normal.
It’s about to get ugly.
What about big business like grocery pharmacies? They hire pharmacists at full time or on call.
Good! I want the idiot people to experience full blown socialism. I want it to hurt like hell.
Wait until those working 30 hours a week have to pay those Obamacare fines or buy health insurance they cannot possibly afford
We will be like France soon. Everyone has 2-3 jobs.
Of course by then we will likely be in economic freefall with failed banks and a worthless dollar.
The Affordable Care Act considers full-time to be 30 hours a week. I expect a lot of small businesses will only be hiring part-time employees from here on out, just so they don’t have to pay for the insurance.
Last few job reports have indicated an increaes in part time employment.. Must be because Obama care.
I was in a corporate meeting today here in Oklahoma City (energy services/oil & gas) and one of our vendors was giving a presentation this morning. He was explaining the plans his company had for expansion. The owner of the company had already purchased some land in Knoxville Tennessee with the intent to build a new production facility that would be larger and centralize their current opperations of engineering and manufacturing into one location. As we were all returning from lunch together, he got off of the phone with the owner of his company and announced to all of us “Scratch that part of my presentation about a new facility, the owner has decided to hold off as of today due to the election.” He went on to explain that the owner felt that with the probable increase in tax rates as well as Obamacare being a sure thing, it wasn’t financially smart at this time. We all understood where he was coming from.
maybe pharmacies will be open 8-10am, 2-4 pm and 6-8 pm
Hell look at it this way...you work 30 hours ...maybe you can get food stamps, free health care,,and other goodies from MR OBAMA..I think a lot of people will start working for cash...
Amazing story. We are going to hear more and more. Our only real hope of recovering from this electorate shift is that things get so bad over the next three years that Obama finally gets the blame for this, and we select a highly skilled candidate who can win some of these people back to sanity.
These people are going to be shocked when they have to buy their own insurance or pay a fine.
We'll actually see unemployment tick down a bit as businesses hire-on more part time workers. The MSM and hussein will crow loud and long about this. But the dirty little secret is that even more people will be struggling on lower incomes. This suits hussein, because these people will have to turn to obamacare and the government option. Kind of like running the company store in a company town back in the day. Organized crime has nuthin' on these guys.
Sounds logical. My daughter was pulled to a “float” position. She has a doctor of pharmacy degree. Her patient clients are not happy.
Imagine being forced to buy your own medical insurance or pay a $2,000 fine ... while you spend your days camped out at an Occupy Wall Street protest. These kids may be naive, but they aren't stupid.
These part time workers are going to be unreliable and largely unproductive. These workers will go from job to job, in and out of employment. As long as there s a cushy welfare state as safety net, the work ethic will suck.
Let's at the grassroots give these disgusting people in Blue America something to really scream over. If they want a civil war, this is one way to start it. Boycott them. They have tried to ruin our country, they must see and feel that there are real reprecussions on the local level.
and when nobody is paying into the pot?
Why hasn’t the house defunded the ocare act?
Has anyone heard of more layoffs pending? Other than Alcatel,Lucent ,caterpillar.
I asked at du And the jury hid my post! It would appear the dems like to hide everything! Like putting the head in the sand, this method rarely works but it does help the head to cool down a bit. Ha ha
Go to
www.dailyjobcuts.com
...for daily job cuts.
Oh my gosh people, read the article and see what some Obamaton business owners are saying. The stupidity is jaw-dropping.
Oh my gosh people, read the article and see what some Obamaton business owners are saying. The stupidity is jaw-dropping.
Boeing announced layoffs today.
seeing local companies cut everyone to 30 hours and encourge them to pick up straight time overtime to make up their hours in order to avoid the Obamacare mandates.
“Democracy is the theory that the common people know what they want, and deserve to get it good and hard.” H. L. Mencken
I can see Americans making a mistake in 2008. Returning to your folly, however, is like a dog returning to its vomit.
The way I see it, I’ve got my family, a few friends and those here on Free Republic. Also, kindred spirits in the middle of the country and the South.
The rest of the country can go to the Hell they voted for, twice. I will have no sympathy for them.
That was my first thought — they’re morons. And it was all one-sided, too.
What are the consequences of doing none of the aforementioned?
Jail with 3 hots and a cot plus health care for free?
oh - I think they ARE stupid
lol.
I can imagine what would happen if millions tried that, millions surround the White House.
“We surrender!”
This makes so much sense. I remember in the last department meeting, I work in a huge retail chain, all of us were told that there were no fulltime jobs where we were and that our former GM, on his way out, wished that we had more hours but he couldn’t do it. This was before the election, I knew what it was about, but I doubt that many of the people in the room did as they probably voted to re-elect Obama.
In fact, I know that many of my co-workers did, the ones who held political views. Not only did they show it on FB but they gloated when he won. And the only fulltime worker in one of the other departments? He called people who supported Romney “ignorant, selfish or racist.” So much for having him as a friend. I hope that the people who voted for him realize what a mistake they did. I am pretty sure they will, if given the knowledge.
I as many other retirees from the VERY LARGE company I retired from(42 years, wife 32) our medical benefits will be taxed as earned income!
Pinches , when one is on a fixed income.
My prayers are for Zero’s head to fall through his ass and Bumblin’ Joe Biden takes over!
That would brighten anyone’s day!
Have a good day!
” At the checkout line at small stores, asked to speak with the manager.”
The store manager is just a hired nobody. Your beef should be with the store owner. It could be that while the manager voted for obama, the store owner could have voted for romney. Though I agree with your sentiments. If the store owner voted for obama, I’m taking my business elsewhere.
lol.
It would be a hoot having an imbecile for President, but scary too. Like a slow motion car crash.
Yes, I meant to infer the owner of the business, but use the word manager. I am talking very small shops here, in most towns and villages.
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