Wednesday, April 23, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

A drag on the economy

President Obama may have delayed the employer mandate in the so-called Affordable Health Care Act, but its effect on the economy remains. It’s simply a drag.

The employer mandate requires employers with more than 50 employees working at least 30 hours a week to provide health benefits or pay $2,000 an employee.

Employers aren’t dupes. Many who fall into this category are shifting to part-time workers and reducing the number of full-timers, which Obamacare defines as 30 hours a week.

Here are some figures complied by Mortimer Zuckerman, editor in chief of U.S. News and World Report:

In June the government’s Household Survey said there was an increase of 753,000 people with jobs, but out of that total 557,000 were part-time. That same survey said the number of full-time jobs declined by 240,000 while part-time jobs increased by 360,000. The number of part-time jobs is now more than 28 million, 3 million more part-time positions than when the recession began in 2007.

It’s not all Obamacare’s fault. Part of the shift to part-time workers is a result of cutting expenses as the economy slowed and business slowed along with it. Part is uncertainty about taxes and increasing regulation by the federal government. But Obamacare is definitely a drag on the economy.

Mountain Democrat

LEAVE A COMMENT

Discussion | 9 comments

  • EvelynJuly 19, 2013 - 6:34 am

    McDonalds has provided staff with a Budget Tutorial. Assuming a monthly income of $2,060, somehow healthcare comes in at $20/month. (Page 3: here.) Monthly Expenses don't include food, but perhaps that is catered for in the $25 Daily Spending Money Goal.

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  • cookie65July 19, 2013 - 8:32 am

    If obama were the captain of the Titanic and his sycophant lemming base were the passengers, after ramming the iceberg he would have no problem persuading them that they were fortunate to become the first passengers of a commercial submarine. Of course his lapdog kneepad media would blame Bush for the iceberg.

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  • EvelynJuly 19, 2013 - 8:57 am

    "House Votes to Delay Key ObamaCare Mandates" - HERE

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  • EvelynJuly 19, 2013 - 9:00 am

    "Courts Rule Vaccines Containing MMR and Thimerosal Caused Autism and Brain Damage" - HERE

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  • Dink LaneJuly 19, 2013 - 6:55 pm

    How many business with "50 or more full time employees" DO NOT provide "Health Care" benefits??? WalMart (If they have full time employees)..... Even a furniture store in Downtown Sacramento that has 24 employees, joins a pool--for cheaper health-care packages..... Private Contractors for Dept of Def... provides health care..... Why? .....Human Resource Manager said: It's an incentive to get the BEST candidates to apply..... If you think your employees are leaches.... you get what you pay for....unhappy working conditions...

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  • EvelynJuly 23, 2013 - 12:35 pm

    "CA's Largest Small-Business Insurer -- Anthem Blue Cross -- Abandons Obamacare Exchange" - HERE "If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away, no matter what." - Barack Obama, 2009)

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  • EvelynJuly 28, 2013 - 7:55 am

    "IRS employees union: Please don’t make us enroll in Obamacare" - HERE

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  • EvelynJuly 28, 2013 - 7:57 am

    "Obamacare Call Center Will Not Offer Health-Care Benefits to Employees" - HERE

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  • EvelynAugust 09, 2013 - 6:25 pm

    Obamacare - fines for charitable hospitals that treat uninsured people" - HERE

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