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Berkshire Hathaway Inc. Message Board

  • missedinv102 missedinv102 Aug 22, 2013 2:33 PM Flag

    The Economist: Will Obamacare destroy jobs?

    [BEFORE the recession, Richard Clark’s cleaning company in Florida had 200 employees, about half of them working full time. These days it has about 150, with 80% part-time. The downturn explains some of this. But Mr Clark also blames Barack Obama’s health reform. When it comes into effect in January 2015, Obamacare will require firms with 50 or more full-time employees to offer them affordable health insurance or pay a fine of $2,000-3,000 per worker. That is a daunting prospect for firms that do not already offer coverage. But for many, there is a way round the law.

    Mr Clark says he is “very careful with the threshold”. To keep his full-time workforce below the magic number of 50, he is relying more on part-timers. He is not alone. More than one in ten firms surveyed by Mercer, a consultancy—and one in five retail and hospitality companies—say they will cut workers’ hours because of Obamacare. A hundred part-timers can flip as many burgers as 50 full-timers, and the former will soon be much cheaper.]

    A hundred part-timers can flip as many burgers as 50 full-timers, and the former will soon be much cheaper. Even Brky must understand that??? How much clearer does it have to be????

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    • baltbear Aug 23, 2013 2:33 AM Flag

      "LOUISVILLE, Ky. -- A middle-aged man in a red golf shirt shuffles up to a small folding table with gold trim, in a booth adorned with a flotilla of helium balloons, where government workers at the Kentucky State Fair are hawking the virtues of Kynect, the state’s health benefit exchange established by Obamacare.

      The man is impressed. "This beats Obamacare I hope," he mutters to one of the workers."

    • baltbear Aug 23, 2013 2:22 AM Flag

      Uh huh...whine whine whine... why not bottle it and claim it comes from the Hill Country and is worth drinking.
      I blame John Deere for disintermediating millions of jobs from agriculture over the last century..and I can produce the facts to back up the opinion.
      Why aren;t you whining about them?

      • 1 Reply to baltbear
      • [Why aren't you whining about them?]

        That's OK, Balty. Remind us all again how great a job you think O has/is done/doing. But hey don't worry, Dems will be in charge for the next 20 years at least (or better yet for you, the GOP won't be), but don't delude yourself or others that this is somehow a huge positive for the average AmeriCON. The lesser of two evils which in today's terms ain't much is no win situation for the average AmeriCON.

        P.S. This is not whining, it's just stating duh obvious. Feel free to interpret it any way you wish.

    • Slacker-In-Chief says work is overrated and that more people should be lazy like himself and play more golf. We will just leave the lights on for the night shift to print money. Problem solved. Then we will mandate that everyone should be rich. Next problem solved. Who says gov't can't solve problems?

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