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In Prep for ObamaCare, Employers Move Full-Time Workers to Part-Time, Limit Hours
Ms Sans Serif
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[quote:smilesun:MV8yMDQ4NTY2XzM0NDI0NDAzXzg5QUNENDJB] [quote:Anonymous Coward 6918535:MV8yMDQ4NTY2XzM0NDI0MjEzXzk0M0E5OUQ5] A simple overreaction. They will go bankrupt because of labor short falls as their smaller competition swoops in to grab their market. Their ignorance and will to punish will destroy them. Simple Capitalism will take them out. [/quote] Wall Street is capitalism in its purest form, and capitalism is predicated on bad behavior. [/quote]
We’re now seeing the horrid results of ObamaCare, with many employers hiring only part-time employees, moving existing full-time employees to part-time, and limiting the hours they can work to well below full-time. This is happening with low-wage hourly workers–those who can least afford to lose full-time status and the ability to work more hours. Under ObamaCare, large companies only have to provide health insurance for full-time workers, and these part-time employees will have to bear the cost on their own, under the regressive Obama healthcare tax. The move means that fewer Americans will be able to find full-time work and that more Americans will have to bust their butts to work more than one job to survive the Obamaconomy.
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