It seems that even the most loyal of networks is now talking about the fact that ObamaCare is causing worker’s hours to be cut all over the country. Here are the facts…
According to a NBC News investigation, union bosses and small business owners agree President Obama’s signature healthcare law is causing employers to lessen workers’ hours to less than 30 a week. The reduction is leading to the destruction of the 40-hour work week and creating financial hardships as workers see their wages decreasing.
“To tell somebody that you’ve got to decrease their hours because of a law passed in Washington is very frustrating to me,” Loren Goodridge, the owner of 21 Subway franchises, told NBC News. “I know the impact I’m having on some of my employees.”
Companies nationwide, from well-known corporations to small businesses, are reducing workers’ hours to less than 30 per week. Once an employee crosses this threshold, the company is required to provide them with coverage — a struggle for many with small profit margins.
Again, this is where Democrats get reality challenged. Fast food joints, and grocery stores have very small profit margins. I have read some figures that suggest and average of around 5% is the average profit margins for many such businesses. So, absorbing a great deal of more expenses -or even the ObamaCare fine, is not feasible.
Speaking of reality challenged…
Despite a growing number of companies cutting employees’ hours — of the 20 small businesses NBC News spoke to, almost all of which were — the White House says such examples are merely “anecdotal.”
“We are seeing no systematic evidence that the Affordable Care Act is having an adverse impact on job growth or the number of hours employees are working. … [S]ince the ACA became law, nearly 90 percent of the gain in employment has been in full-time positions,” Jason Furman, chairman of the president’s Council of Economic Advisors, told NBC News
It also should be considered that businesses were hanging on in the hopes that a President Romney would have stopped ObamaCare, and would have taken steps to removed liberal blocks to economic growth. As for evidence, I would submit that there were over 70,000 layoffs after Obama won the election. And, these layoff occurred during the time, the holiday season, when businesses often add workers, not lay them off. Now, businesses have resorted to “Plan B” in order to survive. They know that raising prices is not feasible, especially with hundred of thousands of workers having less hours, and less money to spend. So, they do what is needed.
And, even the union bosses are getting it.
“It is happening,” said Joseph Hansen, president of the United Food and Commercial Workers union. “Wait a year. You’ll see tremendous impact as workers have their hours reduced and their incomes reduced. The facts are already starting to show up. Their statistics, I think, are a little behind the time.”
“Right now, unless you and the Obama Administration enact an equitable fix, the ACA will shatter not only our hard-earned health benefits, but destroy the foundation of the 40 hour work week that is the backbone of the American middle class,” the letter states.
The union boss is absolutely right. Where we might differ is that I believe the attack on the middle class is intentional. Look at it this way. Liberals are elitist, and they believe that everyone MUST live in accordance to their many dictates. A middle class, that is economically independent, is intolerable to the regressive liberal. They resist control, and can show up[ at the polls in sufficient numbers to impact the outcome-think Reagan! They have to be made dependent on the Federal government in order to control them. All the regulations, taxes, and other obstacles set up by government are set up, in part, to attack the middle class, and bring them into a state of dependency. Once dependent, they are under the control of the government, and therefore politically ineffective.
So, in spite of the many claims of government, people are losing hours and the related income, and even the MSM is having a hard time covering it up.