Will Obamacare Turn America Into a Nation of Part-Time Workers?

In eight months and a hair over one week the Patient Protection and Affordable Care Act, also known as Obamacare, will go into full effect. The PPACA is a sweeping reform of our current health-care system aimed squarely at keeping premiums from skyrocketing; holding insurance companies accountable for the premiums they bring in by insuring they spend at least 80% of those dollars on patient care; and mandating that individuals and large businesses take responsibility for themselves and their employees by carrying health insurance or providing group coverage.


President Obama signing the PPACA into law. Source: White House on Flickr

Obamacare: Friend or foe?
Earlier this month, I decided to take a walk on both sides of the aisle to point out the benefits and the drawbacks of Obamacare. Make no mistake about it -- there are benefits and there are weaknesses to the bill. But perhaps no aspect of Obamacare works out as more controversial than the insurance mandate.

On a personal level, the insurance mandate is pretty clear. By law you are required to carry insurance -- buy it or face a tax penalty, which will incrementally increase to 2.5% of your adjusted gross income by 2016. Looking at it from a business perspective is where things get a lot trickier.

For businesses with fewer than 50 employees, no such rules are in place to require them to provide health coverage to employees. Where things go a bit haywire is when you get into larger corporations. Large corporations, under the PPACA, will be required to provide insurance to full-time employees that meet the basic minimum standards under the new law. Employers aren't required to pay for any of a full-time employees' insurance; however, they will be penalized between $2,000 and $3,000 per employee for each situation where health costs wind up exceeding 9.5% of that employee's income. If these businesses choose not to offer health insurance whatsoever, they will face a stiff $2,000 fine per employee.  

As you might imagine, the reaction among the nation's largest businesses has been mixed in response to the passing and upholding of the PPACA by the Supreme Court.

Now hiring, part-time only
In one corner, we have businesses across a myriad of sectors that have made no qualms about reducing their headcount or rolling back their employees' hours in order to reduce their exposure or skirt the system entirely. Reconstructive, medical, and surgical device maker Stryker made the very unpopular decision to eliminate 5% of its workforce in November 2011 in order to reduce its expenses by more than $100 million annually because of the now-in-effect 2.3% medical device excise tax. Yet an even scarier scenario for America's workforce exists that isn't tied to layoffs or even outsourcing -- it's the threat of being bumped into the part-time category.

Part-time workers fall into the gray area of the PPACA in that only full-time employees of corporations numbering 50 or more persons are required to be covered. Businesses are under no obligation to offer health care benefits to part-time employees, nor will they be penalized by the federal government for not doing so. What this has done is create the impetus for a dramatic shift from full-time to part-time workforces.

One industry where this move is readily apparent is in the fast-food industry. CKE Restaurants -- owner of Carl's Jr. and Hardee's, which was purchased by Apollo Management in 2010 -- began hiring considerably more part-time workers last year to replace any full-time turnover. Similarly, but on a smaller scale, 11 franchised Wendy's (NASDAQ: WEN  ) locations in Nebraska cut back hours for about 300 non-management employees in January of this year in order to skirt the increasing costs associated with Obamacare.

However, this isn't just limited to the fast-food industry. Darden Restaurants (NYSE: DRI  ) , which operates Red Lobster and Olive Garden, was one of the first companies last year to state that while it would not shift full-time workers to part-time status, it was testing a strategy that involved hiring more part-time workers. Regal Entertainment (NYSE: RGC  ) , the nation's largest movie theater chain, reduced hours for thousands of non-salaried employees this month to put them under the 30-hour full-time threshold -- and it blamed Obamacare as the direct culprit for the cost-saving maneuver.

The problem for employees being bumped back to part-time is threefold. First, reduced hours will mean a reduced paycheck. Chances are that these are employees already being hurt by the rollback of the payroll tax holiday, and they likely won't be welcoming a cutback in hours. Second, it potentially reduces their chance of having part of their insurance paid for by the company they work for. Certain individuals will fall under the Medicaid expansion based on their income, but middle-class individuals being moved into part-time status will be stuck in individual mandate limbo. Finally, part-time schedules -- and I speak first-hand here from my college days -- are incredibly unaccommodating. You don't make enough at one job, but finding a second job can be nearly impossible because of the ever-changing hours.

These companies are standing their ground
Then we have the other side of the coin, which assumes that businesses will do what's right, take care of their employees, and value quality above all else. We've seen certain companies -- also across a myriad of sectors -- stick to their guns and not change their hiring standards just because of Obamacare's looming implementation.

One such company is warehouse retailer Costco (NASDAQ: COST  ) , which pays reasonably high wages to its workforce and offers health benefits to full- and part-time employees. The PPACA actually fits in perfectly with what Costco has been doing for employees all along. Another prime example, according to The Wall Street Journal, is Marriott International (NASDAQ: MAR  ) . The hotel business is all about building personal relationships, and Marriott's management understands that full-time, trained, employees are the key to building rapport and long-term relationships with their guests.

Further supporting these "good guys," as my Foolish colleague Steve Heller dubbed them in December, is a study from the Minneapolis Fed released last month that showed only 4% of employers had shifted their hiring to more part-time workers in response to Obamacare. Of the remaining 96%, 7% of respondents planned to shift to more part-time hires between now and the PPACA's implementation, while a whopping 89% claimed to have no intention of changing their hiring strategies in the wake of implementation. 

Are we going to become a nation of part-time workers?
I believe the correct answer here to be "definitely maybe." While I don't think we'll see a dramatic shift to part-time employment, I also wouldn't be shocked to see certain business sectors pull what Regal Entertainment did to its employees, either. The primary criteria that will determine whether a business chooses to scale back hours for its workforce, or seek to hire more part-time employees, will be based on the skill set needed to perform a task, and the importance of the customer relationship derived from those tasks.

Take the fast-food industry, for instance. Fast-food is known for exceptionally high employee turnover and a relatively young work crew. Having a significantly higher amount of part-time hires here would make sense given that a number of employees are likely to still be in some form of school (limiting their hours from the get-go), and few, if any, of the tasks require a degree or high levels of specialization. In addition, the amount spent per meal is negligible enough that fast-food restaurants can rely on promotions and advertising to drive customers back to its stores rather than solely relying on customer service aspects.

Conversely, high-skill-set jobs and those that require employees to build relationships with customers are unlikely to be affected by the implementation of Obamacare. This would mean that the majority of employees in the health-care field would be well-protected from having their hours cut. It would also mean that highly interpersonal sales jobs would be protected as well, because it's relationships and the customer's experience that keeps that individual coming back into the store.

What are your thoughts? Will Obamacare cause a dramatic increase in part-time workers or will businesses welcome this change? Share your ideas in the comments section below.

Editor’s note: A previous version of this article did not clearly explain Darden Restaurants’ plan. The Fool regrets the error.

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  • Report this Comment On April 25, 2013, at 8:04 PM, fergcj72002 wrote:

    yes its happening rite now are company is running k 24 7 all workers are getting 29 hrs a week

  • Report this Comment On April 25, 2013, at 8:08 PM, spirit33399 wrote:

    yes just like it is in good old Europe1 i just cant wait! (insert sarcastic comment!)

  • Report this Comment On April 25, 2013, at 8:11 PM, adieselman wrote:

    Like employers weren't already doing this!? please!!! The same people complaining about the people on welfare are the same ones voting repeatedly to oppose a minimum wage increase while complaining of all the people on welfare. These people can't adjust and charge accordingly for their services? really!? ALL I hear is crying because they will actually have to get insurance..and the following temper tantrum.

  • Report this Comment On April 25, 2013, at 8:30 PM, PONTIFF51 wrote:

    Everyone who is a citizen of this nation has a social contract we embrace just by living here. The titans of business have forgotten that. The many CEOs that get millions of $$s in compensation for making a "coin flip decision" in the board room. The union CEOs that make millions of $$s (350 times that of most of their union brethren) and the money managers on Wall Street that use nano second program trading to take the most money they can from widows and orphans. Who ya gonna trust? I am not a fan of the prepper movement...but no one with any power seems to give a snails tail about what happens to the everyday blue collar guy. This can't go on much longer without some craziness happening...just sayn'

  • Report this Comment On April 25, 2013, at 8:31 PM, airjackie wrote:

    Well the people are seeing who rules and what can happen when you dare to demand government action. The Tea Party came in DC to clean up Government and assure they say out of Americans lives but just pay your taxes. Like many Lawmakers said if you can't afford the high cost of health care just die. If you have a child with special needs it's your problem but pay taxes to assure vouches go to the chosen Americans for help with their health care. Mitt Romney said it best if you get sick and don't want to go broke from medical bills move to Mass. for Romneycare as we see the bomb victims will not have medical bills but great care. GOP lost in the Supreme Court fighting health care and now employers will assure people learned their lesson.

  • Report this Comment On April 25, 2013, at 8:34 PM, anorexic wrote:

    Where I work, there is 200 employees. They have cut all the full time positions and are making 20-27 hour positions.

    It is happening all over southern ohio.

    There is good effect for Obama. The unemployed now have part time jobs. So we can now have 100% employment in the usa, with mostly part time jobs.

  • Report this Comment On April 25, 2013, at 8:42 PM, whereaminow wrote:

    ----> Everyone who is a citizen of this nation has a social contract we embrace just by living here. <----

    There is no such contract.

    Therefore, what you are really saying is

    "enslave yourself to the State or leave".

    Social contract is a fancy way of saying "Everything within the State. Nothing outside the State."

    There's nothing morally superior or righteous about social contract theory. It is simply intellectual apologia for Etatism.

    David in Liberty

  • Report this Comment On April 25, 2013, at 8:49 PM, Burstedbladder wrote:

    If they can double your salary and give you half the work... that would be great. Some countries work only a few hours of the day, and the rest of the day is for partying and spending time with your families. We need to adapt to that way of life instead of making people work for slave wages and have no one to monitor their kids at home that are in need of parental figures and guidance.

    jussayin-

  • Report this Comment On April 25, 2013, at 8:50 PM, larryej wrote:

    Perhaps we need to mandate the posting on a store window the percent of part time employees without health coverage and change.

    Without such coverage the public is forced to pay for health problems, the ultimate of "socialized" medicine.

  • Report this Comment On April 25, 2013, at 8:52 PM, roaddog12 wrote:

    Then we have the other side of the coin, which assumes that businesses will do what's right, take care of their employees, and value quality above all else.

    This just shows how little the writer knows about business.

    I am doing what is right and take care of my employees and that is by putting them on part time hours to avoid the Obamascam. If I did not do that then all my employees would be looking for new jobs because I would have to shut my doors. Only ignorant fools think the obamascam that passed is a good thing.

  • Report this Comment On April 25, 2013, at 8:54 PM, RuebenScott74 wrote:

    Are you JUST waking up to the fact that this nation has become a nation of low wage workers? You know Corporations have hoarded profits and hired no one of substance in 25 years. Don't blame Obama care, the real culprit are Rich White Republicans led by Walmart and the Koch brothers that have made this country a third world nation.You know business profits come from overseas business,not the production of American workers. Itr is a shame that we have come to low wage, and low talent society.

  • Report this Comment On April 25, 2013, at 8:56 PM, hogdude24 wrote:

    Now the truth of Obamacare is coming to the fore. The socialist program that Obama is so proud of is being submerged by the market. Shame that so many who want to work won't be able to support families or pay taxes. Maybe the next Congress will mitigate the damage. God bless America.

  • Report this Comment On April 25, 2013, at 8:57 PM, vet212 wrote:

    obamacare [long on Obama short on care] will be the total ruin of this country. no nation harboring eny degree of economic successs has any kind of healthcare system like this abominationwe are doomed if it stands plus supreme court aside there is a provision forcing you to buy a specific type of product from a specific sort of company if that's constitutional im a toad frog

  • Report this Comment On April 25, 2013, at 9:11 PM, AvianFlu wrote:

    No...Obamacare won't make us a nation of part time workers. It will make us a nation of part time workers and unemployed people.

    And another thing. I'm sick of talk about a social contract. I don't remember signing any contract...do you? A contract is an agreement between parties. I never agreed to anything. If we are going to force people to do things against their will, then I have some choice actions I would like to force OTHER people to do against THEIR will! Why not! They do it to me! Why should they get their and I don't get MY way?

  • Report this Comment On April 25, 2013, at 9:23 PM, wellgooollllyyyy wrote:

    Speaking from experience, I respectfully disagree that "This would mean that the majority of employees in the health-care field would be well-protected from having their hours cut". I have been a nurse at the same hospital, on the same unit for 15 years. Employees were just notified via email that certain shift differentials were being eliminated and for those of us who work weekends only (yes, that's every weekend), we are losing 10% of our income, and those positions may not be there much longer. Middle management has been cut drastically, and less experienced are replacing higher paid, experienced employees. New nurses are receiving less orientation/training, and one can only imagine what kind of "incidents" will result from that. I've already witnessed some scary results because of it. Also, one can only imagine what healthcare is going to be like with nothing but inexperienced staff and cheap doctors on the payroll. With all the taxes and cuts being imposed by Obamacare, I understand cutbacks by companies need to be made so they can survive, but I don't have to like it.................

  • Report this Comment On April 25, 2013, at 9:24 PM, rfmgis wrote:

    This Country is already mostly part time workers.

    I work a job thats only 38.5 hrs/wk. My wife's job is suppose to be 40 hrs/wk, but she has only worked three 40 hr/wks since 1/01/2013 to 4/25/13.

    Obamacare has nothing to do with whats going on in the work place. Most companies know to keep the number of full time workers down and hire part timers only when they are busy. Menards Inc. doesn't want anyone to collect unemployment for less than 32 hrs/wk they will come and tell you not to ever do that if you did file.

  • Report this Comment On April 25, 2013, at 9:27 PM, Bear173p wrote:

    And if Obamacare disappeared tomorrow do uou think that these greedy companies would put employees back on 40 hrs. ?

  • Report this Comment On April 25, 2013, at 9:30 PM, tcsonic wrote:

    Sean Williams, thank you for writing an informative and seemingly un-bias article; A rare thing these days. I serve small businesses every day, and most are eliminating full time employment. I have been told it was for a tax credit, which I assumed was a government trick to make the unemployment numbers look better, but after reading your article health care would seem a logical reason. Which one doesn't really matter. The fact that the economy is still fragile, and another massive burden to business might just be the final straw that will cause the next major economic disaster. I wish I could be more excited about all of that money leaving the economy, only to be scooped up by insurance company's, and the tax man/women ,)

  • Report this Comment On April 25, 2013, at 9:31 PM, frankwomble wrote:

    The Law of Unintended Consequences at work.

  • Report this Comment On April 25, 2013, at 9:36 PM, rbyteme wrote:

    Obamacare isn't going to be responsible for making a part-time workforce, corporate greed and an out of control for-profit healthcare system is. Obamacare is just a sad excuse for the continued disenfranchising of the American worker. This week, because one good man left the company, a major retailer laid off dozens more IT workers (after already culling hundreds of jobs earlier in the year), but you won't read about these layoffs because after all we were only temps. This latest move was done partly under the ludicrous corporate philosophy that contracts should not run over six months. So the next time you are wondering why the customer service idiot on the phone doesn't know the company nor its products,/services (internal or external) it's because he/she is a barely-trained worker who will be let go by the time he/'she learns enough to be proficient at his/her no-benefits job. Meanwhile, the execs and stockholders pat each other on \the back, continue to focus profits ever upward, and laugh as they distract us with specious untruths like it's Obama's fault as they pilfer and squander the wealth of the world. We are fools with eyes wide shut.

  • Report this Comment On April 25, 2013, at 9:42 PM, bobkitten wrote:

    I don't think this is a new phenomenon at all. A couple decades ago - long before Obama care - I worked for a place that made sure I was always just under the number of hours to be considered full -time. I know it was common then, and it's common now.

  • Report this Comment On April 25, 2013, at 9:43 PM, dude53 wrote:

    the company I work for has allways offered part time only work you could work up to 37 hours per week now that has been cut to no more than 24 hours for workers and 30 hours for supervisors thanks to oboma care that's a huge cut in pay for people who can,t afford to take the hit .

  • Report this Comment On April 25, 2013, at 9:52 PM, svenskaboy wrote:

    If everyone works parttime will i have to address them as Congressman or Senator?

  • Report this Comment On April 25, 2013, at 10:11 PM, rdmcdonald48 wrote:

    Would anyone believe; this whole process, known as the ACA or Obama-Care, was designed as a ploy, and with one single purpose in mind?

    The goal was simple from the start; design a system that is so complex it makes compliance nearly impossible from an economic standpoint. Make it Impossible by it being over burdensome in its regulation of the people; the doctors; and business.

    Make it cost ineffective. Drive the cost of primary care out of sight and make it unaffordable for an individual or business.

    Create a system where reductions in force make it more cost effective for business to lay off people than to maintain a full time workforce; therein making the program the cause of the labor layoff.

    All of this is designed to create a single payer system and make this whole mess go away with the stroke of a pen. With it, achieve the one goal he's had since he ran for President and before; put the American health care insurance industry out of business entirely.

    Think about it.

  • Report this Comment On April 25, 2013, at 10:24 PM, jrloring wrote:

    ----> Everyone who is a citizen of this nation has a social contract we embrace just by living here. <----

    --> There is no such contract. <--

    More libertarian bilgewater. Fact is you (or anyone else) won't be turned away at the emergency room. When they can't pay, everyone will buck-up-now - either through taxes or higher premiums. Libertarians included.

    Maybe the rest of us are tired of subsidizing fast-food and the restaurant industry.

  • Report this Comment On April 25, 2013, at 10:27 PM, jrloring wrote:

    --> All of this is designed to create a single payer system and make this whole mess go away with the stroke of a pen. With it, achieve the one goal he's had since he ran for President and before; put the American health care insurance industry out of business entirely. <--

    Everyone (all US citizens) go on Medicare. Think of the premiums and taxes necessary to do that.

  • Report this Comment On April 25, 2013, at 10:41 PM, frugalyankee2 wrote:

    I run a small business that had to downsize because of the economy. Things are picking up now but I am turning away business rather than hire anyone again. Obamacare is so intrusive into our personal lives, although the Supreme Court said we can't be forced to buy a particular product but we can be forced to buy healthcare? And Romneycare is no better. A self employed contractor couldn't afford health care so he applied for the state subsidized care but even though he had no income he had an asset, his house. The state told him to sell his house to pay for insurance or get fined. Homeless is better than uninsured? It is in MA and it will be that way in the rest of the country soon enough.

  • Report this Comment On April 25, 2013, at 11:06 PM, fmrBngwkr wrote:

    It used to be cheaper for a company to let an employee work 50 hours per week than to hire 2 part-time employees. 2 part-time employees requires double the support structure of 1 full time employee. But obviously obamacare has changed that. obamacare is a pit of regulations, taxes and constraints placed on what used to be the most productive workforce on the planet.

  • Report this Comment On April 25, 2013, at 11:33 PM, JePonce wrote:

    The purpose of Obamacare is to destroy the economy using the Cloward Piven Strategy. Already thousands of Doctors are taking early retirement, refuse to accept more patients and are worling less hours.

    When you add the thousands of small internet businesses, and the new taxes, many will go.

  • Report this Comment On April 26, 2013, at 12:03 AM, Reacton wrote:

    Sounds like we are going to be almost an entire nation on welfare, well at least on Medicare. With all of the jobs paying minimum wage or just above, the Federal and State governments will have to provide insurance for a good population of the country.

  • Report this Comment On April 26, 2013, at 12:04 AM, Reacton wrote:

    Sorry, meant Medicaid.

  • Report this Comment On April 26, 2013, at 12:10 AM, Yakama wrote:

    My wife has created a company that will be separate from my company. She will take half my employees as her employees. This gets both companies to less than 50 employees. Both companies are LLC's and neither spouse is listed as a owner/partner on the other spouse's company. Problem solved.

    Plain and simple truth. Our companies cannot afford to offer health coverage to the employees. I have done the research and gotten the quotes from the insurance providers. The total premiums would be more than our annual profits even if the employees paid 50% of the premium. (The tax credit will help, but it still isn't enough - You have to earn it before you can spend it, tax break or not) Our employees get above average pay, work full-time 40 hr/wk , get 1 month a year paid vacation due to the nature of the business we are in (construction - winter downtime) and every employee is a VERIFIED U.S. citizen.

  • Report this Comment On April 26, 2013, at 12:22 AM, Dadw5boys wrote:

    Americans have absorbed all the $30 Million Dollar Salarys and all the Stock Options that are issued to bleed Corporations dry of Equity so they will not become take over targets !

    If making sure American have affordable Medical Insurance is too much to ask then I am ashamed on my country and I ask every Disabled Veteran to join me in protest ! If we can pay 1000's of Military Contractors 7 times more than it normal cost to do thing for a Volunteer Military then we can afford Medical Insurance.

    I can tell few are worried about anyone but themselves because Disabled Veterans live right at the Poverty Line and no one worries how they live or if they do. But when you need someone to fight your wars your kissing butts right !

  • Report this Comment On April 26, 2013, at 12:30 AM, sandyssanders wrote:

    Let's face it. Capitalism is a pyramid scheme. And when it comes to it's end, when growth is over, and externalization of costs is no longer possible, there's no place to look except the mirror. All costs, like health care or schools or roads or utilities, are a burden of those who use them...everyone, including the rich. This means everyone pays according to their ability to (income). If they don't, the pain is not 9000 miles away, it's next door. So, this considered, what are the options to reduce cost? Services free of the manipulation and gaming of profit. A society free of capitalism and full of democracy and egalitarianism. The sooner we get on with it the sooner we avert catastrophe.

  • Report this Comment On April 26, 2013, at 12:35 AM, Eclectic58 wrote:

    This is why we need a single payer system -- we need to completely separate our health care coverage from our employment. No one should be at the mercy of their employer in order to have reliable access to quality health care. One's access to quality health care should never depend on how good of a job one has or if one even has a job at all.

  • Report this Comment On April 26, 2013, at 1:09 AM, Makeastand wrote:

    The diference between the rich and the poor is getting larger every day. Just look at the last tax hike made to make the rich pay there fair share. All it did was raise prices on the middle and lower classes. We all need health care that is affordable and making every one get health insurance in theory should reduce heath costs. Corporations are always looking to make profits at the expense of labor. That will never change and why we have unions for good or bad to this day. Companies that care about employees don't have unions and unfortunately not many do. When one percent of the population make decisions that deprived all the rest there will be unrest. Look at 1917 Russia, 1949 China, 1958 Cuba the list goes on. If our leaders don't listen to the will of the people there will be unrest

  • Report this Comment On April 26, 2013, at 1:48 AM, Ricktloml wrote:

    This law is a nightmare, which most Americans did not want, but the Obama administration has no problem governing against the will of the people, this bill was never about health care it is about control, the feds controlling us and the loss of our freedom ,they had to lie, bribe and intimidate to get this garbage passed, and now even some of the Democrats who were instrumental in passing ttis law, are calling a train wreck, if it can't be repealed it should be defunded

  • Report this Comment On April 26, 2013, at 2:01 AM, Ricktloml wrote:

    I see a lot of comments praising socialism and knocking capitalism. Socialism has failed every time it's been tried, not to mention the millions of people murdered by the socialist governments, it's an elitist ideology,where people are told if only the right tyrant, oops person would institute it things would work out., No system is perfect but capitalism is the system that gives those who live under it the most freedom, why is it that so many people are willing to hand over their freedom to someone who thinks he knows better what's good for you than you do,It starting to look like those who don't want to put out the effort to make something of their lives are more than willing to take it from those who do. In America we are guaranteed equal opportunity, not equal out come, that depends entirely on how hard you want to work, not on how loudly you can demand benefit from others labors!

  • Report this Comment On April 26, 2013, at 2:27 AM, Makikijoe wrote:

    Ricktloml:

    You write:

    "Socialism has failed every time it's been tried, not to mention the millions of people murdered by the socialist governments",

    Baloney !

    Socialism has not always failed. Who ever gave you that nonsense ?

    In countries such as Sweden and Norway and Holland, socialism has been tried and is doing just fine, thank you.

    And those countries do not have any citizen or resident who is NOT covered by insurance.

    Socialism in those countries has NOT "murdered millions of people".

    On the other hand, there is no doubt that millions of American people without health insurance (that has been the situation here in the U.S. for years) almost certainly HAS been responsible for the deaths of mllions of people.

  • Report this Comment On April 26, 2013, at 2:40 AM, Dewman8810 wrote:

    Face it... we are where we are because the people of this nation have just become incredibly LAZY. Sloth is the reason we have Democrats in power. The people who vote for Democrats are the people who don't WANT to work. They want as many handouts as possible. This is why the Democrat leaders force these things on Americans... because it appeases the voters that put them in office. If you want to be lazy and do the bare minimum to educate yourself and develop your abilities... then expect to get the bare minimum in pay. The people who are CEO's are people who have made a LOT of sacrifices and worked their butts off to get where they are. They make decisions that make or break corporations... which in turn make or break whether or not you and I have jobs. If you want to make that kind of money... then go out and EARN it. Companies have to protect themselves, sure it's nice when they take care of their employees, but their #1 priority is their bottom line. Doesn't matter what company it is, money talks. Money is what keeps the doors open and keeps us employed. Start cutting the legs off these companies and there won't be any jobs at all, or in the least they will be all part time. Why should the people whining about making $10/hour turning screws at a factory complain about a CEO or other bigwig making top dollar?? How much training and schooling did it take for you to learn how to turn a screw? What's the risk you have when you mess something up?? A few dollars? These people make million dollar deals, they better be compensated for it because if they aren't, then they won't be there to make the decisions. Then companies would be run by a bunch of uneducated fools. This is Capitalism... compensation for level of work. If everyone got the same piece of the pie, why would you work hard at all? Why would you be a doctor or other profession that took many years of schooling? Why would anyone do anything other than work some menial unskilled job? No stress, just same old easy job. Capitalism works great, when people want to work for their bread... not just be lazy and receive handouts. The only people that should ever get welfare are the people who simply can't work. I'm sick of seeing all of these "poor souls" who can't find work that have brand new 50" plasma TV's and are buying all kinds of luxury items on welfare... while the hard working people have to foot the bill and have crappier stuff than the lazy.

  • Report this Comment On April 26, 2013, at 2:46 AM, quasimodo007 wrote:

    the evil GOP Congress and their mafia style Anti unions Privilege Crooks of Wall Street will still Outsource USA Jobs so they can get Bigger Bonuses and Pay and Now TAX Free Paid PERKS. GREED and Corruption and the GREAT American RIP OFF is their True MOTTO towards POOR Americans. Keep the Standard of Living Low

    Pay Low wages to the Hourly .

    Disney CEO got $37.4 Millions Dollars , Boeing and Lockheed CEO got $27.7 Millions dollars.

    One Well Fargo CEO paid one of his family member $1Millions dollars for part time summer work.

  • Report this Comment On April 26, 2013, at 10:28 AM, garyegray wrote:

    It will turn America into a nation of unemployed.

  • Report this Comment On April 26, 2013, at 11:04 AM, Costanzawallet wrote:

    The solution is simple. Employers should back a universal health system, and completely disassociate themselves from tying health insurance coverage to employment which is really dumb in the first place. By doing this each working individual is deducted health coverage from their pay which goes into the system. They are then covered even if they lose their job or are let go, as long as they have paid into the system. If employers then want to offer supplemental coverage for dental or life etc, that is up to them, but basic health coverage should have nothing to do with weather someone is employed or not.

  • Report this Comment On April 26, 2013, at 11:04 AM, PaulaFargo wrote:

    There is just one problem with this article. The threshold is actually 50 full time equivalent employees. It doesn't matter if the majority of employees work less than 30 hours. How they calculate it is by taking how many part time employees you have times hours worked per month divided by 120. The 120 comes from working more than 120 days in that year. Example: You have 80 part time workers who worked 80 hours a month. 80* 80 = 6,400. Take 6,400/120 and you get 53.33. Therefore you, as an employer, are considered to have 53 full time equivalent employees which puts the employer above the 50 employee threshold. Having a bunch of part time workers only lowers your full time equivalent workers, it does not get rid of your obligation regarding the ACA.

  • Report this Comment On April 26, 2013, at 11:26 AM, Costanzawallet wrote:

    Hey Dewman 8810

    Has it ever occured to you that some people cannot afford eduation? That some very hard working people holding 3 jobs cannot make ends meet and still cannot "EARN" it? According to the Washington Post, the average worker has only had a 5.7% increase in pay from 1978 while the average CEO has seen an increase over the same period of a whopping 726.7%!!! Even when these idiots bankrupt their companies (who are the uneducated fools now?) they still receive bonuses. Anyone can get sick, and many hard working people cannot afford health care. May I add that many jobs you call Menial and unskilled are necessary to your well being, and are anything but easy. Try growing your own food, or picking up your own garbage, cleaning your toilets and picking your own crops. If that's the kind of society you want, what is the use of being a citizen? We should all live on our own, grow our own food, make our own clothes and fight for ourselves. Your point of view is uninformed and comes from the middle ages.

  • Report this Comment On April 26, 2013, at 5:02 PM, whereaminow wrote:

    ---> More libertarian bilgewater. Fact is you (or anyone else) won't be turned away at the emergency room. When they can't pay, everyone will buck-up-now - either through taxes or higher premiums. Libertarians included. <----

    No one was every turned away from an emergency room because they couldn't pay before the government takeover of healthcare.

    So you haven't accomplished anything except increasing health care costs and unemployment.

    David in Liberty

  • Report this Comment On May 01, 2013, at 5:32 AM, ctyank99 wrote:

    Obamacare dramatically alters the already-overregulated health insurance market. The federal government will now manage your health care decisions. The law creates a maze of mandates, federal directives, price controls, tax increases and subsidies. Obamacare gives the U.S. Secretary of Health and Human Services and her appointees the power to establish care guidelines that your doctor must abide by or face penalties and fines. In making doctors answerable in the federal bureaucracy this bill effectively makes them government employees.

    We all begin paying Obamacare taxes this year. The law includes at least 18 new taxes and counting. As Americans begin to reap the personal financial burden of Obamacare, the movement to repeal it is mounting.

    Individuals must pay an annual penalty of $695, or up to 2.5 percent of their annual income, if they don’t purchase an approved health insurance plan. Penalties on families include an annual penalty of $347 per child, up to $2,250 per family, if not an approved policy.

    Repeal this awful, destructive, catastrophic law and vote out all those Democrats that voted for it. Not ONE REPUBLICAN VOTED FOR IT!!!

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