A business must provide insurance if it has 50 or more employees working an average of just 30 hours per week, which is 10 hours per week fewer than the traditional 40-hour work week. Do you see how this can have other far reaching implications such as the smoke and mirrors routine we see performed by the BLS to give you a warm fuzzy about the unemployment figures? What other implications can you see as a citizen of this nation now with this "new rule?"
sort by best latest
I've never considered either Bush a true free market capitalist. Both expanded government. Yes - unrestricted free market capitalism is the answer. Read Milton Friedman.
I'm hardly a hardcore socialist but unrestricted free market capitalism inevitably will result in unrestricted exploitation. Yes, there will always be winners and losers but they didn't call the Guilded Age the Age of the Robber Barons for nothing.
Chris - The federal government has no business in the health care industry to the extent that Obamacare allows. Wrong approach.
Chris - is it not gov regs that provide unfair competitive advantages actually the cause of "exploitation"? America was built on unrestricted free market capitalism. US decline has occurred with ever increasing gov intervention.
Frog Prince - I don't disagree with you. I wrote a pair of hubs a while back that examine the issue. It doesn't take sides, but it looks at the whole thing. Gov shouldn't be nanny state.
So taking what you said into consideration, if you were the one making the calls for a business, what decisions would you make? There are companies presently already making those decisions. Think about it. The other aspect is the "tax."
They've been doing that for years. I am not in favor of Obamacare. It has enough bad in it without blaming it for what has been already happening. Also, my employer (5000+employees) does not have different payscales for part/fulltime employees.
I guess it would depend on how well my business is doing. The more employees I have the less I would be able to pay them above minimum wage. If business doing well I would hire more full time staff and reduce part time staff who would work
Cam - the issue is NOT the pay scale. The issue is part-time versus full-time which is essentially a pay cut if a company hires 2 employees to fill one full time position. It may have been common practice - but it is dramatically accelerating.
Most hospitals give discount for paying cash. It's rather common and has been for years. There is a difference in perspective from being an owner and being a nine-to-fiver. One is there to make a profit, the other a living.
It is nonetheless true that those with insurance wind up paying for us uninsured. And a recent study suggests that illness causes poverty, not the other way around.
Hi KT. Yes, there are companies that treat their employees right. There was also a time when the federal government wasn't over regulating everything and intruding into areas where they have no business intruding. I believe in the US Constitution.
KT - Your correct. Many towns had companies that made you proud to wear the jacket or cap with their name and Logo boldly displayed. What happened?
Chrissy would definitely get to tingling LDM.
True...32 hours has been the norm in the cut off. I believe the point on Brinker was not one of how the person is paid per hour as it is a way to get out of Obamacare. Brinker has hundreds of employees nationwide in restaurants. ~WB
Now that's funny Mike but it really isn't. What is our nation coming to?
That is the liberal idea of equality. Being anti-capitalist they have no way to bring everyone's standard up to be equal with those better off so they have to bring the affluent down. The result is everybody is equal, equaly miserable,.
Again you're confusing the two issues. Do some research and you'll see the difference rather than keep saying the same thing. They are different.
You are misreading the question and need to some research. HINT, HINT, HINT
fundraise - let it go, Obamacare is forcing a reduction in hrs worked because of the "tax" Obamacare imposes on all workers working over 30 hrs. This is NEW.