Elections Have Consequences

On Saturday, Breitbart.com posted an article about the impact Obamacare is having on jobs.

The article explains:

The Obamacare employer mandate doesn’t go into effect until January 1, 2014, but the government requires businesses to track worker schedules for three to 12 months in advance.  That means many employers plan to get a jump start on avoiding Obamacare’s $2,000 per-worker fine by firing workers now, reducing employee hours, or replacing full-time employees with part-time workers.

The article lists companies in various industries that have been forced to layoff employees or cut employee hours in order to avoid the fines that will be imposed on them by Obamacare if they do not meet the specific requirements of Obamacare in the health care they provide.

The article reminds us that unemployment is currently much higher than it normally is during a ‘recovery’ from a recession:

The looming Obamacare layoffs and hiring freezes come as a Labor Department report announced today that the unemployment rate remains at 7.8% (revised up from the originally reported 7.7%).  Presently, 22.6 million Americans are either unemployed, underemployed, or marginally attached to the work force. 

If we want to see the economy grow, we need to take a serious look at the policies of the federal government and the impact they are having on businesses.

Enhanced by Zemanta