» Posts in the Economics Category:

 

Ted Cruz explains #Obamacare’s success in one graphic

Posted by: Phineas on April 13, 2014 at 1:01 pm » 2 Comments

**Posted by Phineas With the recent announcement of more than seven million sign-ups for Obamacare, the administration and its supporters have been running around shouting “Success! SUCCESS!!”, as if an enrollment figure means that the implementation of the law itself, with its myriad problems (for example) (1), will be just a matter of working “the […]

 

#Obamacare to cost employers more than $5,000 per employee

Posted by: Phineas on April 2, 2014 at 4:29 pm » 3 Comments

**Posted by Phineas The American Health Policy Institute did something unusual: rather than estimate the effects of Obamacare from the outside, they went to 100 large employers and asked the directly what their expected costs would be over the next ten years. The results were eye-opening — and disturbing: Obamacare will cost large companies between […]

 

Almost 40% of private biz will lay off employees if min. wage increases

Posted by: ST on March 19, 2014 at 8:45 pm » 2 Comments

Via Fox News: WASHINGTON –  Thirty-eight percent of America’s private employers say they will lay off workers if Congress agrees to raise the minimum wage to $10.10, according to a new survey by the nation’s largest privately held staffing firm. Fifty-four percent of employers who are paying their workers the current minimum wage of $7.25 […]

 

Got cancer? Got #Obamacare? Good luck…

Posted by: Phineas on March 19, 2014 at 3:43 pm » 2 Comments

**Posted by Phineas Among the many “benefits” brought to us by the Affordable Care Act has been the narrowing of provider networks. To deal with increased costs brought on by Obamacare’s increased coverage mandates, insurance companies are offering fewer doctors and hospitals on their approved lists. For many people, this has meant losing access to […]

 

Minimum Wage: West Virginia Democrats exempt themselves

Posted by: Phineas on February 28, 2014 at 4:18 pm » 6 Comments

**Posted by Phineas Weird, isn’t it? If having the state mandate higher and higher wages for everyone is such a good idea, why on Earth would WV House Democrats vote to exempt themselves from a law being imposed on everyone else? Last week, the Democrat controlled House in West Virginia passed legislation raising the state’s […]

 

LA restaurant imposes surcharge to pay for #Obamacare

Posted by: Phineas on February 18, 2014 at 5:59 pm » 2 Comments

**Posted by Phineas What is it we like to say, folks? That’s right, “Elections have consequences!” When you vote for a party that insists against all sound reason on passing legislation that raises a business’ cost, said business is likely to pass that cost along to the consumer — us. It’s called economics, progressives. You […]

 

#Obamacare: Los Angeles residents turned away at the doctor’s office

Posted by: Phineas on February 6, 2014 at 12:01 pm » 4 Comments

**Posted by Phineas This is a story happening all across the country, and it is all due to the chaos caused by Democrats and their precious healthcare “reform:” After overcoming website glitches (1) and long waits to get Obamacare, some patients are now running into frustrating new roadblocks at the doctor’s office. A month into […]

 

Obamacare chronicles: Target part-timers to lose their health plans

Posted by: Phineas on January 22, 2014 at 1:25 pm » 3 Comments

**Posted by Phineas Why, because the company found it more economical to cancel the plans, give the employees a cash payout, and tell them to go find their insurance on the exchanges. Just as the progressives planned: Target Corp. (TGT) will end health insurance for part-time employees in April, joining Trader Joe’s Co., Home Depot […]

 

Go ahead, increase the minimum wage. Then, kiss those jobs goodbye.

Posted by: Phineas on January 14, 2014 at 2:41 pm » 3 Comments

**Posted by Phineas I’ve said time and again that because wages are a cost for businesses, they have to find a way to control them so they can earn a profit that makes it worthwhile to stay in business. Mandate wages that are too high, and companies will find creative ways to trim those costs […]

 

“Serious cuts” coming from SeaTac, WA biz as $15/hr min wage set to take effect

Posted by: ST on December 31, 2013 at 1:18 pm » 1 Comment

Shocking! Via Fox News: As talk builds on Capitol Hill over hiking the federal minimum wage, one city in Washington state is poised to set the highest rate in the nation. On Jan. 1, an estimated 1,600 hotel and transportation workers in SeaTac, Wash., will see their pay jump to $15 an hour, a 60 […]