Obamacare won't slash workers' hours

[RobDownSouth]

Obamacare won't slash workers' hours

Opponents of Obamacare say it will kill jobs, and they specifically say provisions forcing employers to offer health insurance to workers will encourage smaller businesses to cut jobs and cut hours. But a new report finds that, if anything, fewer people are working part-time this year than the year before.

The report, from the Center for Economic and Policy Research, says data show companies have not been cutting hours in anticipation of the law. It contradicts business owners who say they’ve already started cutting back.

CEPR researchers found that just 1 million workers, roughly 0.6 percent of the labor force, work between 26-29 hours a week. Two-thirds of them said they did so by choice, not because they were forced to.

LINK

The RWCJ will be along shortly to attempt to spin this as bad news for President Obama......

 

[koalabear]

Under Obamacare, employers with 50 or more full-time workers will be required to offer health insurance to those putting in at least 30 hours a week, or pay a penalty. That's a big incentive to keep the staff at 49 full-timers or, if the business demands more bodies, a big incentive to have as many employees as possible working a maximum of 29 hours.

Turns out the incentives to go part time will be even greater than we suspected: Several million employees could work fewer hours for as much take-home pay by shifting to part-time labor. University of Chicago economist Casey Mulligan has his finger on how that will work. As the law kicks in, the incentive for some workers will be so strong that free-market champion Mulligan says only "chumps" would resist it.

Mulligan has laid out his finding in a column on The New York Times' Economix blog. He notes that a key advantage of most full-time jobs is access to company-provided health benefits. He estimates that a middle-income, full-time worker pays $4,667 a year, and his or her employer pays $9,333, for family medical insurance.

Under Obamacare, that advantage will be reversed for some workers. The law subsidizes health costs for families that earn up to 400 percent of the federal poverty line, which is about half of all U.S. households (excluding the elderly, who have Medicare and Medicaid). But the government subsidies only will go to workers whose employers don't offer insurance. That is, most people who work full time will be ineligible for subsidies. Those workers and their employers will be expected to keep paying a bundle for coverage.

Hence Mulligan's revelation: This deal is so generous that several million workers will be able to earn as much take-home pay in part-time positions with lower pay as they would in higher-paying full-time jobs that don't get the federal health subsidies. The government — that is, taxpayers — will cover most of the part-timer's costs.

The law's potential economic distortions are so damaging, he says, that he never thought it would go into effect: "I guess I would have been (one of) those people in 1916 who said that communism would never happen."

http://www.chicagotribune.com/news/...dit-parttime-0728-jm-20130728,0,2990367.story

 

[jeninflorida]

see, you are a fucking idiot.


do you think money grows on trees?

if a company is struggling, obama care might the be the last nails on the coffin for that organization.

God, this is what I love about you stupid fucks. you just don't understand jack shit

 

[LiFeNdEaTh]

thanks for sharing..

 

[RobDownSouth]

thanks for sharing..

My pleasure. Thanks for reading, pilgrim.

 

[imalickin]

My pleasure. Thanks for reading, pilgrim.

Lying sack of shit.

 

[jeninflorida]

My pleasure. Thanks for reading, pilgrim.

have you ever been on the hook, monetary wise for an employee?

I bet not due to all the derp you derp up

 

[RobDownSouth]

Lying sack of shit.

You're a poster child for butthurt.
But hai.....

 

[imalickin]

You're a poster child for butthurt.
But hai.....

I take that back, you're just a plain old brown paper sack of shit.

 

[LiFeNdEaTh]

My pleasure. Thanks for reading, pilgrim.

lmfao

 

[RobDownSouth]

I take that back, you're just a plain old brown paper sack of shit.

Once moar into the breech...

 

[LiFeNdEaTh]

Once moar into the breech...

 

[Busybody]

left-leaning Center for Economic and Policy Research


a NICE WAY OF SAYING

The NIGGER DEFENDER

 

[Busybody]

the LYING NIGGER DEFENDERS do say

“While the sanctions in the ACA may provide some marginal incentive to reduce worker hours below the 30-hour cutoff, other considerations in setting worker hours appear to be far more important.”

in others words, companies have SEEN how the THUGS have targeted them in the past whne they say the truth

so they will HIDE the truth behind some BULLSHIT

 

[phrodeau]

(edited)

That is, most people who work full time will be ineligible for subsidies. Those workers and their employers will be expected to keep paying a bundle for coverage.

http://www.chicagotribune.com/news/...dit-parttime-0728-jm-20130728,0,2990367.story

No kidding. They were paying a bundle before Obamacare, and they would continue paying a bundle without Obamacare.

 

[koalabear]

No kidding. They were paying a bundle before Obamacare, and they would continue paying a bundle without Obamacare.

Now they can just go part time and you pick up the bill. Opps, I mean taxpayers will pick up the bill.

 

[Sean Renaud]

That was sort of the idea.

 

[jeninflorida]

this pretty much sums up the obama plan ....

Once moar into the breech...

 

[LiFeNdEaTh]

left-leaning Center for Economic and Policy Research


a NICE WAY OF SAYING

The NIGGER DEFENDER

hahah

 

[putzpotus]

opps

wrong again

 

[Ramone45]

see, you are a fucking idiot.


do you think money grows on trees?

if a company is struggling, obama care might the be the last nails on the coffin for that organization.

God, this is what I love about you stupid fucks. you just don't understand jack shit

I'm in the trenches. I actually have to work for a dollar. I have to support employees. Every aspect of Obamacare is an unmitigated disaster. You don't hear it in the new anymore, but the websites still don't work. The Brokers are clueless. The cost is still expensive. The penalties are oppressive. Only the deadbeats who get it fo free like it.

 

[Disgustipated]

I'm in the trenches. I actually have to work for a dollar. I have to support employees. Every aspect of Obamacare is an unmitigated disaster. You don't hear it in the new anymore, but the websites still don't work. The Brokers are clueless. The cost is still expensive. The penalties are oppressive. Only the deadbeats who get it fo free like it.

I actually believe this.

 

[putzpotus]

CuntClinton says so


http://forum.literotica.com/showthread.php?t=1261056

 

[JohnnySavage]

Now they can just go part time and you pick up the bill. Opps, I mean taxpayers will pick up the bill.

LTNS

How's life been treating you?



Sometimes I wonder why I'm such an asshole.

 

[IrezumiKiss]

LTNS

How's life been treating you?



Sometimes I wonder why I'm such an asshole.

I LOL'd. Don't sweat it, shitstains reap what they sow when that karma train rolls back around.