Employees of Small Businesses Salaries Reduced By Est. $1,000 Per Annum under Obamacare

Tags

Economy, Higher Premiums, Job Loss, Obamacare, Reduced Wages, Small Businesses, UNEMPLOYMENT

 

The impact of the Affordable Care Act on small business earnings and employment continues to wreak havoc across America.

According to a report by the American Action Forum (AAF), the salaries of employees working for small businesses that employ 20 to 99 employees were reduced $22.6 billion annually due to Obamacare regulations and that’s just the tip of the iceberg.

In addition, due to rising premiums and regulations under the ACA more than 350,000 small business jobs have disappeared on a national scale, “with five states losing more than 20,000 jobs.”

Excerpts:

For businesses with 50 to 99 workers, we found that a one percent increase in total premiums has been associated with a 0.109 percent decrease in average weekly pay since the ACA. So a 19.8 percent increase in total premiums is associated with a 2.2 percent decrease in average weekly pay. This is consistent with past research from the Journal of Labor Economics, suggesting a double-digit increase in premiums reduced wages by 2.3 percent. Accordingly, our results suggest that the average weekly pay of $831 in 2013 was 2.2 percent lower than it would have been absent the ACA, costing workers $18.70 per week.^[11] Moreover, if employees work all year, our results suggest that ACA regulations are costing them on average $935 annually….

For businesses with 20 to 49 workers, we found that a one percent increase in total premiums has been associated with a 0.031 percent decrease in average weekly pay since the ACA. This suggests that the 19.8 percent increase in total premiums since the ACA is associated with a 0.6 percent decrease in average weekly pay. Moreover, we also found that in businesses with 20 to 49 employees before the ACA a one percent increase in total premiums was associated with a 0.077 percent increase in weekly pay. Thus, if the ACA had never become law, the 19.8 percent increase in total premiums since 2009 would have been associated with a 1.5 percent increase in weekly pay. So our results indicate that on net, the average weekly pay of $771 in 2013 was actually 2.1 percent lower than it would have been without the ACA, costing workers on average $16.55 per week. To put that in perspective, if employees work year round, they are losing about $827.50 on average due to ACA regulations….

Nationwide the employer mandate costs workers of small businesses with 50 to 99 employees at least $10.8 billion annually and workers of small businesses with 20 to 49 employees at least $22.6 billion annually.

You can view the full report here or below.

View this document on Scribd

LINK:
http://americanactionforum.org/research/ObamaCares-Impact-on-Small-Business-Wages-and-Employment

MAN TELLS OBAMA HIS BUSINESS HAS BEEN GOING ‘TERRIBLE SINCE YOU GOT HERE’

Tags

Economy, Election 2012, obama, Ohio, Small Businesses

Terry Leu, owner of Rolston Poultry at the West Side Market, cuts up a fresh chicken at his stand on Friday, October 5, 2012, after a visit from President Barack Obama. Image courtesy of Brandon Blackwell, The Plain Dealer.

THE BLAZE

An Ohio market vendor told President Barack Obama on Friday that his business has been going ‘terrible’ since the president’s arrival, according to media reports.

Obama was greeting different vendors at Cleveland’s West Side Market when he came upon the proprietor of Rolston Poultry.

According to the White House pool report, Obama asked the man how business was going.

‘Terrible since you got here,’ he replied.

According to the report, Obama “didn’t appear amused by the sentiment” and the Cleveland Plain Dealer said he “quickly shifted direction to another stand” after the encounter….

CONTINUE

Of course, the lame stream media transporting Barack Obama’s water as usual are implying that the business owner was annoyed prior to Obama’s arrival at his counter.

In other words, this non-loving Obama entrepreneur with a mind of his own was having a bad day and the fault, therefore, did not lie with Obama.

On behalf of the businessman’s disenchantment with Obama’s presence, considering the fact that every business that Obama goes near withers away and dies, I would not want Obama near my business either.

It pays to note that any businesses, institutions, parks, public places selected for an Obama photo op are immediately locked down for hours with no consideration as to how such inconveniences will affect those whose livelihoods are at stake.

THE PLAIN DEALER

…I have no problem with that man,’ the 56-year-old Medina man said in an interview soon after the president had left. ‘I was happy to meet him and happy to shake his hand, but I lost business.’

Leu’s phone at his stand, Rolston Poulty, unceasingly rang for hours after the Internet caught wind of the exchange. He stopped answering it after too many requests for interviews.

‘I don’t want to be ‘Joe the Plumber’,’ said Leu, who has owned the stand since 1992. ‘I want to be ‘Terry the chicken man.’ I just want to sell chicken. I was not making a political statement…..

READ FULL ARTICLE

Such preparations and visits by the anointed one delivers a financial blow to businesses on the whole but strikes particularly hard at entities struggling to keep their heads above water.

As far as Obama-mao is concerned, these businesses should want to go under for a mere handshake or nod from their messiah.

Will the b.s. ever end?

RELEASE: Chairman Ryan: Still Waiting for Credible Plan from President Obama

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Government corruption, Government funding, Government spending, Government War on Individual Constitutional Rights, Government Waste, Govt Regulation, Govt War on Constitution, Govt's War on America, Marxism, obama, Obama doctrine, Small Businesses, socialism, Spreading the Wealth, Tax Hikes, Tax Increases, Tyranny, War on Conservatives, War on Constitution, War on the Free Market

About an hour ago, I received the following press release via email from Paul Ryan, House Budget Committee.

“PRESS RELEASE

 FOR IMMEDIATE RELEASE
September 19, 2011
PERMALINK

CONTACT: Conor Sweeney,
Gerrit Lansing
(202) 226-7270

Ryan: Still Waiting for Credible
Plan from President Obama

  President Insists on Tax Hikes for Job Creators, 
No Plan to Lift Crushing Burden of Debt

WASHINGTON – In response to the President’s latest proposal to raise taxes on job creators, House Budget Committee Chairman Paul Ryan issued the following statement:

‘The President’s partisan speech and misguided proposals are disappointing, but not surprising.  Having overseen an unprecedented surge in government spending – from his failed stimulus law, to the creation of new trillion-dollar health entitlements, to double-digit percentage increases in the budgets of many federal agencies – the President has finally admitted that he plans to send the bill for Washington’s reckless spending straight to American businesses and families. A $1.6 trillion tax hike on job creators is never a good idea. But taking more money from private savers and investors, and giving it to the same government bureaucrats who brought us the Solyndra debacle, is an even worse idea – especially in a weak economy.  

‘Unfortunately, none of the President’s proposals this year – from his February budget to his April budget speech, to his recommendations today – offers a credible plan to lift our crushing burden of debt while restoring economic growth. Instead of renewed prosperity, the President has offered us a plan for shared scarcity. The nation deserves better.’

 

For the latest from House Budget Committee Chairman Paul Ryan:

• 3 Steps to Pro-Growth Tax Reform
• Paul Ryan on Fox News Sunday: Class warfare = bad economics 
• Paul Ryan on MSNBC – Close Loopholes, Lower Rates
• Paul Ryan in WSJ: Where’s Your Budget, Mr. President? 

• Paul Ryan on CNBC – Tax Reform – Fair. Competitive. Simple 

 To learn more:

• The Path to Prosperity – the House-passed FY2012 budget 
• House Budget Committee: A Brief History of President Obama’s Fiscal Record  
• House Budget Committee: Actions Speak Louder Than Words”

Hate Your Boss? Call the Government – FoxBusiness.com

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obama, Obama Administration, Obama Appointees, Obama doctrine, Obama's lap dogs, Obama's legacy, Power Grab, Progressivism, Small Businesses, Snitching

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Hate Your Boss? Call the Government – FoxBusine…, posted with vodpod

FOX BUSINESS

“More than 40,000 workers annually contact the Department of Labor with complaints about their bosses. But Labor can’t get to all of them, an estimated 10%, because of budget constraints, the White House says. So the White House has instead launched a program for “unresolved complainants” with the ABA. Workers will now be provided a toll-free number that connects them with ABA lawyers nationwide who are experienced in things like alleged workplace abuses of minimum wage, overtime and family medical leave laws.

The White House in a statement says this is “a new effort between the federal government and private bar to assist complainants” who may need help with “worker rights.” In a statement, the ABA calls this new alliance “unprecedented.”

But will this create more lawsuits against companies? Will it stymie job creation at the very companies the President says he needs to help lower the high unemployment rate, including small businesses? Will this new program simply make it easier for lawyers to get business they may have garnered anyway? “

CONT.

Attorneys will be working on a contingency basis which can mean big money.  Talk about a can of worms being ripped open.

From an administration that is huge on tyranny, unions, government intervention, the collective and snitching, how long will it be before it becomes public knowledge that the reporting of alleged labor violations has nothing to do with violations in the workplace?

How long before Americans realize that this has everything to do with the Obama administration asking Americans to snitch and bitch on their employers.

Hate your boss?

Did you forget to return to work from lunch Thursday? Friday?

It is only February.  Are you one of those people who have already used up all their paid sick days for 2011, which means that you will be docked for each day you call in sick until January 1, 2012?

Were you late everyday for the last two weeks and your boss is threatening to terminate you?
Are you angry because your boss cannot afford to give you a raise that only you feel you deserve?

Are you guilty of all of the above and now that your boss has called you out, you accuse him or her of being a racist?

Well then, no problem, it is all good.  Barack Obama and Eric Holder have you covered.  We all know the mentality of the community organizer in the White House and his lap dog over at the Department of Justice.  Just give them a call and they will set you up.
Sounds far-fetched do not it.  Not so, we know whom we are dealing with in the present administration and unfortunately, it will not take haters, abusers and users but a minute to come up with frivolous claims against their employers; and so they will.

Of course, it is unfortunate because in the end, legitimate claims will be lost in the madness that is sure to come.

Now that the Obama administration has opened this door, what will they do with the hundreds of thousands of complaints that will result from this move?

How will they handle the overload of frivolous claims and suits?  Moreover, how will the Obama administration use these claims against American business owners?

Will the Obama administration use this tactic to force businesses, large and small alike to unionize or face huge fines that would possibly jeopardize the future of these businesses?

Sounds equally far-fetched don’t it.

Consider this another step towards the nationalizing business and implementing the police state that Barack Hussein Obama wants so much for the peons, oops I meant collective.

Now I know there are those reading this and saying to themselves, “Is she kidding?”

We can, of course, revisit this down the line but if not, to those who are now busting a f****ing gasket over what I have written thus far………………………………………………… SATIRE?  Yes?  No?

FOX BIZ, FDA to Inspect Your Garden? Next, Your house? Prepare yourself!

Tags

Dictatorship, Dirty bureaucrats, Dirty Politicians, Farmers, Fascism, FDA, Food Safety Modernization Act, Food Shortages, Government corruption, Government coverups, Government spending, Government War on Individual Constitutional Rights, Government Waste, Govt Intervention, Govt Regulation, Govt War on Constitution, Govt's War on America, Marxism, Nanny State, Obama Administration, Obama Appointees, Obama doctrine, Obama lies, Obama's Civilian Service, Obama's lap dogs, Obama's legacy, Oppression, Power Grab, Progressivism, S. 510, SB510, Small Businesses, socialism, Tyranny

Spirited discussion, love Follow the Money.

Enough of government looking up our rear.  Every time they get involved in some aspect of our lives, they make matters worse.

Furthermore, it’s not about them even giving a damn.  This is about control and profits as if we the people are not smart enough to do the math ourselves.

 

House May Block Food Modernization Act Over Senate Error

Tags

Food Safety Modernization Act, Food Shortages, Government corruption, Government coverups, Government spending, Government War on Individual Constitutional Rights, Government Waste, Govt Intervention, Govt Regulation, Govt War on Constitution, Govt's War on America, Harry Reid, House of Representative, Nanny State, Oppression, Power Grab, Progressivism, S. 510, SB510, Small Businesses, Small Farmers, socialism, War on America, War on Constitution

H/t Jared Law of the 912 Project.  No doubt this is the work of the nefarious Harry Reid overstepping his bounds.  Maybe the Senate who has wasted too much time on SB 510 will simply move on to the Bush tax cuts instead of re-introducing this unfavorable piece of legislation.

ROLL CALL

“A food safety bill that has burned up precious days of the Senate’s lame-duck session appears headed back to the chamber because Democrats violated a constitutional provision requiring that tax provisions originate in the House.

By pre-empting the House’s tax-writing authority, Senate Democrats appear to have touched off a power struggle with members of their own party in the House. The Senate passed the bill Tuesday, sending it to the House, but House Democrats are expected to use a procedure known as ‘blue slipping’ to block the bill, according to House and Senate GOP aides.

The debacle could prove to be a major embarrassment for Senate Democrats, who sought Tuesday to make the relatively unknown bill a major political issue by sending out numerous news releases trumpeting its passage.

Section 107 of the bill includes a set of fees that are classified as revenue raisers, which are technically taxes under the Constitution. According to a House GOP leadership aide, that section has ruffled the feathers of Ways and Means Committee Democrats, who are expected to use the blue slip process to block completion of the bill.

‘We understand there is a blue slip problem, and we expect the House to assert its rights under the Constitution to be the place where revenue bills begin,’ the GOP aide said….”

Continue reading

Definition of blue slipping: “When, in the opinion of the House of Representatives, a Senate-introduced bill that raises revenue or appropriates money is passed by the Senate and sent to the House for its consideration, the House places a blue slip on the legislation which notes the House’s constitutional prerogative and immediately returns it to the Senate without taking further action. This blue-slipping procedure, done by an order of the House, is routinely completed to enforce its interpretation that the House is the sole body to introduce revenue or appropriations legislation. The failure of the House to consider the legislation means it cannot become a law. This tactic has historically proven to be of great use to the House and, as a practical matter, the Senate does not introduce tax or revenue measures to avoid a blue slip.^[1]”

^1. ^ CSPAN Capitol Questions