Howie Carr posted a wonderful article at the Boston Herald today detailing some of the consequences of the re-election of President Obama. The focus of the article is the fact that the people who voted for him will suffer the same consequences of his victory that the rest of us have to deal with.
The article lists some of those consequences:
Take the instructors at Community College of Allegheny County in Pittsburgh.
Their hours are being cut back so the college can get around Obamacare. All you teachers, hope you enjoy being adjunct professors, because you ain’t getting tenure anytime soon. Wonder who they all voted for on Nov. 6?
One story had a quote from a CCAC English instructor who had a “vague hope” that his health care insurance costs would be going down under Obamacare.
…Fortunately, all the “womyn’s studies” instructors at CCAC can pick up their insurance by getting jobs at, say, Olive Garden. But wait, I forgot — many fast-food and supermarket chains are also cutting back to work weeks of 29 A hours maximum.
(Employers have to provide health insurance to anyone who works at least 30 hours.)
“Part time is the new full time,” Michelle Malkin wrote.
Now, not only is he not going to be eligible for full insurance, he’s taking a $600 a month pay cut because of his reduced hours.
Howie Carr also lists the financial decisions made as a result of the election:
You know, like George Lucas. Only thing is, he just sold his Star Wars studio to Disney for $4.05 billion to beat the Jan. 1 tax Armageddon. By some accounts, Han Solo’s real father will be saving more than $200 million.
Their scheme is to pay out this quarter’s dividends on Dec. 27 instead of Jan. 2. That’ll save ’em a cool $180 million. The rich get richer and the poor get … part-time jobs.
The problem with raising taxes on the rich is that most of the rich are rich because of hard work and smart decision-making. Does anyone believe that ‘the rich’ don’t have the brains (or the accountants) to avoid many of the confiscatory taxes the Obama Administration has in store for them? Taxing the rich will not bring in more money (google the “Laffer Curve”), it will simply change the shape of the job market and result in American money leaving the country. But, as I said, we will all face the consequences of this election.