Thursday, August 15, 2013

Dawn Breaks at 30 Rock

An epiphany at NBC News:
Employers around the country, from fast-food franchises to colleges, have told NBC News that they will be cutting workers’ hours below 30 a week because they can’t afford to offer the health insurance mandated by the Affordable Care Act, also known as Obamacare.

“To tell somebody that you’ve got to decrease their hours because of a law passed in Washington is very frustrating to me,” said Loren Goodridge, who owns 21 Subway franchises, including a restaurant in Kennebunk. “I know the impact I’m having on some of my employees.”
Really? Tell us more:
NBC News spoke with almost 20 small businesses and other entities from Maine to California, and almost all said that because of the new law they’d be cutting back hours for some employees – an unintended consequence of the new law.
As always, the law that always get passed in Washington is the law of unintended consequences.

2 comments:

3john2 said...

It is immutable.

W.B. Picklesworth said...

But all right thinking people must agree that it is the business owners who are being mean to vulnerable people. It isn't the fabulously wealthy politicians who are wreaking this havoc amongst ordinary people. After all, their intentions were good.