re: 2 Federal Reserve Banks report Obamacare is costing jobs

quote:

---

SpidermanTUba

---

By your own admission, you are admitting Obamacare is preventing job creation. Way to go genius.

quote:

---

So basically the only combination of hours and employee numbers that would make them have to comply is if they have between 50 and 54 employees working the 1600 total hours.

---

I'm sure you know these things because you are a business owner.

Let me educate you. My cousin works at chimes. Once Obamacare was enacted, they cut her hours. SO she now has 2 jobs. She is working roughly a split of 20/20 at both restaurants. SO as the first poster said, it is very plausible that this happens. Your complete lack of understanding of the employer mandate, shows your incompetence.

Think of it from a business owners standpoint, or as you call them, the enemy. You own a restaurant, but the labor for waiters is not highly skilled labor, and has a the highest turnover rate of any job in the country. So why would you pay insurance in the first place? Sure you pay it for some of your longtime workers, but you aren't going to give insurance to every college kid looking for a job while they are in school. It is not economically feasible and makes bad business sense.
Now, you add in the detrimental cost of Obamacare to this scenario. You are now MANDATED to pay for insurance if you have over 50 full time employees. Yet, under Obamacare a full time employee is anyone working an average of 30 hours or more a week, in a given month. Not 40, as the left claim.

SO why are employers cutting off work time to 20 hours? Because if you keep a smaller payroll for, let's say, 29 hours, then that employee will find it hard to supplement the lost time by working 11 hours/ week. No other employer will hire someone to work that little. By cutting all employee hours roughly in half, affords the employee to supplement their income with a 2nd job and get 40+ hours of work. So the employer is helping out it's employees by affording them the opportunity to get the full time hours they desire. Also, it gets away from an employee accidentally working a couple hours over, if they were scheduled for 29 hours a week, thus subjecting the restaurant to a penalty.

It's really staggering you can't comprehend this.