And if you missed the rhetoric about job growth, it had nothing to do with the small-business sector gaining employees.
No, their idea of job creation is to surge the already massive ranks of federal workers.
Case in point: Obamacare will require an estimated 12,000 new IRS tax watchdogs to keep tabs on business compliance.
That misguided health law will not only add more bureaucrats to federal payrolls, increasing the budget deficit, but it will wipe out many full-time private-sector jobs as a result.
NFIB’s health experts have created a guide that will help you inform your employees about the impact his law will have on your business and ultimately on the future of their jobs. Share it with them.
Recently, Darden Restaurants, employer of about 185,000 workers in several brands including the Olive Garden and Red Lobster chains, began testing the law’s financial impact on employment. It launched an experiment in some restaurants limiting workers to no more than 30 hours a week—the level the new law deems full-time employment that triggers a mandate to offer health insurance.
And that’s just one company. You can expect others—both large and small–to seize on this idea. They won’t have any choice but to cut jobs and offer only part-time positions.
But to the Obama administration, government jobs are more valuable than private-sector jobs. There’s just one problem with that approach.
But you knew that already.