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How Obamacare Increases Unemployment

 
FatalW1shes
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06/28/2012 09:28 PM
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How Obamacare Increases Unemployment
Suppose that a firm with 49 employees does not provide health benefits. Hiring one more worker will trigger a penalty of $2,000 per worker multiplied by the entire workforce, after subtracting the statutory exemption for the first 30 workers. In this case the tax would be $40,000, or $2,000 times 20 (50 minus 30). Indeed, a firm in this situation might have a strong incentive not to hire a 50th worker, or to pay him off the books, thereby violating the law.

In addition, if an employer offers insurance, but an employee qualifies for subsidies under the new health care exchanges because the insurance premium exceeds 9.5 percent of his income, his employer pays a penalty of $3,000 per worker. This combination of penalties gives a business a powerful incentive to downsize, replace full-time employees with part-timers, and contract out work to other firms or individuals.

The new law will make it harder for small businesses with 50 or more employees to compete with those with fewer than 50 employees.

When the employer mandates are phased in 2014, many businesses will be motivated to reduce the number of locations and move workers from full-time to part-time status. This will reduce employment still further and curtail the country’s economic growth.

Industries that have traditionally offered the greatest opportunities to entry-level workers—leisure and hospitality, restaurants—will be particularly hard-hit by the new law. Many of these employers do not now offer health insurance to all of their employees, and employ large percentages of entry-level workers, whose cost of hiring will increase significantly.

Under the new law, for each block of 30 weekly hours of part-time work by one or more employees a business is deemed to have one full-time equivalent employee. The penalty for full-time employees is $2,000 per worker after the first 30 employees.

Businesses with fewer than 50 employees will be the big winners. If they do not hire too many workers—another government-induced disincentive for hiring in this weak labor market—and stay within the 49-person limit, these firms will not have to provide health insurance and will have a cost advantage over the others. Such businesses will be able to compete advantageously against businesses with multiple locations and 50 or more employees.


[link to www.manhattan-institute.org]


It's more than I usually post, but it's under 50% of the Article.

It explains a lot. I've read over and over that companies are not hiring due to Obamacare and this explains why.

Last Edited by FatalW1shes on 06/28/2012 09:30 PM
FatalW1shes (OP)

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06/28/2012 09:30 PM
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Re: How Obamacare Increases Unemployment
There is another way to get around Obamacare as well.

It's called part time employee.

Let them work 33 hours a week and provide their own benefits.

I see Temp Agencies getting bigger in the future as well.

Man this is so bad I don't even know where to start.
Anonymous Coward
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06/28/2012 09:30 PM
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Re: How Obamacare Increases Unemployment
ohhhh noez.....the employer must make as much profit at the expence of his worker at all costs.
FatalW1shes (OP)

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06/28/2012 09:32 PM
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Re: How Obamacare Increases Unemployment
ohhhh noez.....the employer must make as much profit at the expence of his worker at all costs.
 Quoting: Anonymous Coward 15039298


I know business owners who have made nothing in the last two years. They are just barely surviving.

This is gong to kill small business. But it sure is going to help the mega corporations that wanted this shit. They are going to wipe out their competition.
Anonymous Coward
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06/28/2012 09:33 PM
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Re: How Obamacare Increases Unemployment
ohhhh noez.....the employer must make as much profit at the expence of his worker at all costs.
 Quoting: Anonymous Coward 15039298


I know business owners who have made nothing in the last two years. They are just barely surviving.

This is gong to kill small business. But it sure is going to help the mega corporations that wanted this shit. They are going to wipe out their competition.
 Quoting: FatalW1shes


but you just said small business in the big winner here.

you can't have it both ways
Anonymous Coward
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06/28/2012 09:35 PM
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Re: How Obamacare Increases Unemployment
aren't you people furious that he named this after himself and it will serve as a reminder of his legacy loooong after hes gone


only true dictators NAME SHIT AFTER THEMSELVES..come on!
Instant Karma
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06/28/2012 09:39 PM

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Re: How Obamacare Increases Unemployment
aren't you people furious that he named this after himself and it will serve as a reminder of his legacy loooong after hes gone


only true dictators NAME SHIT AFTER THEMSELVES..come on!
 Quoting: Anonymous Coward 14945720


It's called the Affordable Care Act. His detractors derogatorily call it "ObamaCare".

Last Edited by Instant Karma on 06/28/2012 09:39 PM
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]

mobius-gears
FatalW1shes (OP)

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06/28/2012 09:39 PM
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Re: How Obamacare Increases Unemployment
ohhhh noez.....the employer must make as much profit at the expence of his worker at all costs.
 Quoting: Anonymous Coward 15039298


I know business owners who have made nothing in the last two years. They are just barely surviving.

This is gong to kill small business. But it sure is going to help the mega corporations that wanted this shit. They are going to wipe out their competition.
 Quoting: FatalW1shes


but you just said small business in the big winner here.

you can't have it both ways
 Quoting: Anonymous Coward 15039298


You must have a reading comprehension issue.

This is bad for all. Go ahead with your smugness though. If America goes down so will you.
FatalW1shes (OP)

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06/28/2012 09:40 PM
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Re: How Obamacare Increases Unemployment
aren't you people furious that he named this after himself and it will serve as a reminder of his legacy loooong after hes gone


only true dictators NAME SHIT AFTER THEMSELVES..come on!
 Quoting: Anonymous Coward 14945720


It's called the Affordable Care Act. His detractors call it "ObamaCare".
 Quoting: Instant Karma


In the end....it will have his name all over it. He owns this. There is NO WAY IN HELL he will EVER detach hiself from this.

Good, bad, indifferent doesn't matter. This is Obama's baby.

He owns this 100%. Call it what you want, or what it is. Won't matter.
Anonymous Coward
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06/28/2012 09:42 PM
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Re: How Obamacare Increases Unemployment
ohhhh noez.....the employer must make as much profit at the expence of his worker at all costs.
 Quoting: Anonymous Coward 15039298


I know business owners who have made nothing in the last two years. They are just barely surviving.

This is gong to kill small business. But it sure is going to help the mega corporations that wanted this shit. They are going to wipe out their competition.
 Quoting: FatalW1shes


but you just said small business in the big winner here.

you can't have it both ways
 Quoting: Anonymous Coward 15039298


You must have a reading comprehension issue.

This is bad for all. Go ahead with your smugness though. If America goes down so will you.
 Quoting: FatalW1shes


i don't think so.

unlike you, i'm quite happy with fact that we have affordable healthcare in my country for EVERYONE...it's what makes us Australian, we understand the importance of looking after each other, instead of what's only in it for meeee, like you Americans
Ted Nougat
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06/28/2012 09:43 PM
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Re: How Obamacare Increases Unemployment
It's always the unintended consequences of Leftist ideas - like Thomas Sowell says, they are "stage-one thinkers."
FatalW1shes (OP)

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06/28/2012 09:48 PM
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Re: How Obamacare Increases Unemployment
...


I know business owners who have made nothing in the last two years. They are just barely surviving.

This is gong to kill small business. But it sure is going to help the mega corporations that wanted this shit. They are going to wipe out their competition.
 Quoting: FatalW1shes


but you just said small business in the big winner here.

you can't have it both ways
 Quoting: Anonymous Coward 15039298


You must have a reading comprehension issue.

This is bad for all. Go ahead with your smugness though. If America goes down so will you.
 Quoting: FatalW1shes


i don't think so.

unlike you, i'm quite happy with fact that we have affordable healthcare in my country for EVERYONE...it's what makes us Australian, we understand the importance of looking after each other, instead of what's only in it for meeee, like you Americans
 Quoting: Anonymous Coward 15039298


Dude, you don't have 20,000,000 illegal immigrants sucking your health care system dry.

You don't pay 120.00 for a box of Kleenex because the first 50 freeloaders before you didn't pay. But you will because you have insurance.

51% of America doesn't pay tax. That means the 49% that do are getting fucked over some more to pay for those that don't

If you want to make it fair then make everybody pay. EVERYBODY.

Not just the few. You have no fucking clue what is going on over here.
Anonymous Coward
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06/28/2012 09:49 PM
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Re: How Obamacare Increases Unemployment
ohappy
Anonymous Coward
User ID: 15039298
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06/28/2012 09:51 PM
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Re: How Obamacare Increases Unemployment
...


but you just said small business in the big winner here.

you can't have it both ways
 Quoting: Anonymous Coward 15039298


You must have a reading comprehension issue.

This is bad for all. Go ahead with your smugness though. If America goes down so will you.
 Quoting: FatalW1shes


i don't think so.

unlike you, i'm quite happy with fact that we have affordable healthcare in my country for EVERYONE...it's what makes us Australian, we understand the importance of looking after each other, instead of what's only in it for meeee, like you Americans
 Quoting: Anonymous Coward 15039298


Dude, you don't have 20,000,000 illegal immigrants sucking your health care system dry.

You don't pay 120.00 for a box of Kleenex because the first 50 freeloaders before you didn't pay. But you will because you have insurance.

51% of America doesn't pay tax. That means the 49% that do are getting fucked over some more to pay for those that don't

If you want to make it fair then make everybody pay. EVERYBODY.

Not just the few. You have no fucking clue what is going on over here.
 Quoting: FatalW1shes



i just don't get you Yanktards.

you have no problem paying taxes to maintain your army and the fake war on terror, litterally billions and billions WASTED on war, but ya'll have problems with the idea that all humans should have access to affordable healthcare?


1doh1
Instant Karma
I can see for miles

User ID: 1025379
United States
06/28/2012 09:55 PM

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Re: How Obamacare Increases Unemployment
...


You must have a reading comprehension issue.

This is bad for all. Go ahead with your smugness though. If America goes down so will you.
 Quoting: FatalW1shes


i don't think so.

unlike you, i'm quite happy with fact that we have affordable healthcare in my country for EVERYONE...it's what makes us Australian, we understand the importance of looking after each other, instead of what's only in it for meeee, like you Americans
 Quoting: Anonymous Coward 15039298


Dude, you don't have 20,000,000 illegal immigrants sucking your health care system dry.

You don't pay 120.00 for a box of Kleenex because the first 50 freeloaders before you didn't pay. But you will because you have insurance.

51% of America doesn't pay tax. That means the 49% that do are getting fucked over some more to pay for those that don't

If you want to make it fair then make everybody pay. EVERYBODY.

Not just the few. You have no fucking clue what is going on over here.
 Quoting: FatalW1shes



i just don't get you Yanktards.

you have no problem paying taxes to maintain your army and the fake war on terror, litterally billions and billions WASTED on war, but ya'll have problems with the idea that all humans should have access to affordable healthcare?


1doh1
 Quoting: Anonymous Coward 15039298


^This^

The Pentagon misplaced $2 trillion right before 9-11. But people lose everything when they get a serious illness and then lose their job. Healthcare should not be a for-profit business as it is in the U$.

People forget that it all started out as charity. Hospitals were run by Catholic nuns for free.

Last Edited by Instant Karma on 06/28/2012 10:02 PM
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]

mobius-gears
FatalW1shes (OP)

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06/28/2012 09:57 PM
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Re: How Obamacare Increases Unemployment
...


You must have a reading comprehension issue.

This is bad for all. Go ahead with your smugness though. If America goes down so will you.
 Quoting: FatalW1shes


i don't think so.

unlike you, i'm quite happy with fact that we have affordable healthcare in my country for EVERYONE...it's what makes us Australian, we understand the importance of looking after each other, instead of what's only in it for meeee, like you Americans
 Quoting: Anonymous Coward 15039298


Dude, you don't have 20,000,000 illegal immigrants sucking your health care system dry.

You don't pay 120.00 for a box of Kleenex because the first 50 freeloaders before you didn't pay. But you will because you have insurance.

51% of America doesn't pay tax. That means the 49% that do are getting fucked over some more to pay for those that don't

If you want to make it fair then make everybody pay. EVERYBODY.

Not just the few. You have no fucking clue what is going on over here.
 Quoting: FatalW1shes



i just don't get you Yanktards.

you have no problem paying taxes to maintain your army and the fake war on terror, litterally billions and billions WASTED on war, but ya'll have problems with the idea that all humans should have access to affordable healthcare?


1doh1
 Quoting: Anonymous Coward 15039298



Who the fuck told you all Americans wanted the wars?

I said we should take the Peace Prize away from Obama.

I stood behind Ron Paul on the grounds he would stop our fucking wars and the bullshit all over the world.

I think all should be provided health care. I don't a few should pay for everybody.

You line of thinking is why you lost your guns.

You think everybody should be entitled to everything.

Bullshit. Too many fucking people sitting on their asses doing NOTHING and getting free shit. I'm tired of providing for lazy ass mother fuckers that won't get off their asses and pitch in.

Too many people NOT paying taxes or putting into the system creating a burden for people that work hard and fight ever decreasing paychecks because the government taxes them more and more and more.

We are being taxed out of fucking existence.
Anonymous Coward
User ID: 15039298
Australia
06/28/2012 09:59 PM
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Re: How Obamacare Increases Unemployment
...


i don't think so.

unlike you, i'm quite happy with fact that we have affordable healthcare in my country for EVERYONE...it's what makes us Australian, we understand the importance of looking after each other, instead of what's only in it for meeee, like you Americans
 Quoting: Anonymous Coward 15039298


Dude, you don't have 20,000,000 illegal immigrants sucking your health care system dry.

You don't pay 120.00 for a box of Kleenex because the first 50 freeloaders before you didn't pay. But you will because you have insurance.

51% of America doesn't pay tax. That means the 49% that do are getting fucked over some more to pay for those that don't

If you want to make it fair then make everybody pay. EVERYBODY.

Not just the few. You have no fucking clue what is going on over here.
 Quoting: FatalW1shes



i just don't get you Yanktards.

you have no problem paying taxes to maintain your army and the fake war on terror, litterally billions and billions WASTED on war, but ya'll have problems with the idea that all humans should have access to affordable healthcare?


1doh1
 Quoting: Anonymous Coward 15039298



Who the fuck told you all Americans wanted the wars?

I said we should take the Peace Prize away from Obama.

I stood behind Ron Paul on the grounds he would stop our fucking wars and the bullshit all over the world.

I think all should be provided health care. I don't a few should pay for everybody.

You line of thinking is why you lost your guns.

You think everybody should be entitled to everything.

Bullshit. Too many fucking people sitting on their asses doing NOTHING and getting free shit. I'm tired of providing for lazy ass mother fuckers that won't get off their asses and pitch in.

Too many people NOT paying taxes or putting into the system creating a burden for people that work hard and fight ever decreasing paychecks because the government taxes them more and more and more.

We are being taxed out of fucking existence.
 Quoting: FatalW1shes


dude, I didn't lose anything.

you should educate yourself about Australian gun laws first before opening your gob and making yourself out to be an ignorant fool.

as far as the rest of your post, you sound SELFISH, me me me me me attitude is getting old real fast....
Anonymous Coward
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Australia
06/28/2012 10:02 PM
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Re: How Obamacare Increases Unemployment
America......making the world safe for hypocricy.

dasbier
Instant Karma
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06/28/2012 10:04 PM

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Re: How Obamacare Increases Unemployment
America......making the world safe for hypocricy.

dasbier
 Quoting: Anonymous Coward 15039298


...and corporatocracy.
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]

mobius-gears
FatalW1shes (OP)

User ID: 18009481
United States
06/28/2012 10:06 PM
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Re: How Obamacare Increases Unemployment
...


Dude, you don't have 20,000,000 illegal immigrants sucking your health care system dry.

You don't pay 120.00 for a box of Kleenex because the first 50 freeloaders before you didn't pay. But you will because you have insurance.

51% of America doesn't pay tax. That means the 49% that do are getting fucked over some more to pay for those that don't

If you want to make it fair then make everybody pay. EVERYBODY.

Not just the few. You have no fucking clue what is going on over here.
 Quoting: FatalW1shes



i just don't get you Yanktards.

you have no problem paying taxes to maintain your army and the fake war on terror, litterally billions and billions WASTED on war, but ya'll have problems with the idea that all humans should have access to affordable healthcare?


1doh1
 Quoting: Anonymous Coward 15039298



Who the fuck told you all Americans wanted the wars?

I said we should take the Peace Prize away from Obama.

I stood behind Ron Paul on the grounds he would stop our fucking wars and the bullshit all over the world.

I think all should be provided health care. I don't a few should pay for everybody.

You line of thinking is why you lost your guns.

You think everybody should be entitled to everything.

Bullshit. Too many fucking people sitting on their asses doing NOTHING and getting free shit. I'm tired of providing for lazy ass mother fuckers that won't get off their asses and pitch in.

Too many people NOT paying taxes or putting into the system creating a burden for people that work hard and fight ever decreasing paychecks because the government taxes them more and more and more.

We are being taxed out of fucking existence.
 Quoting: FatalW1shes


dude, I didn't lose anything.

you should educate yourself about Australian gun laws first before opening your gob and making yourself out to be an ignorant fool.

as far as the rest of your post, you sound SELFISH, me me me me me attitude is getting old real fast....
 Quoting: Anonymous Coward 15039298


That's the difference between our two countries. I did educate myself about Australian gun laws. It's laughable actually.

And I refuse to pay for somebody that refuses to work. Fuck them. If you don't like it, then call me selfish. I don't give handouts. I give handups. I'm not going to support lazy ass people. You and I will just have to differ on that

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