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Showing posts from April, 2013

Affordable Care Act: What's Going to Happen

Ok so companies have spent millions of dollars trying to block and subsequently removed parts or all of the Affordable Care Act. The reason being, providing health care to full time employees is going to cut some into corporate profits. Let's put aside the reality that happy and healthy workers are better workers and ALL data shows that better paid / better supported workers produce more for the company. The talking heads of these companies don't care about that. They only care about short term profit. Why? Because that is what the American economy is built on. Short term, giant gains. Then you cut and run with your big severance bonus. So, what's going to happen? This: The Affordable Care Act requires companies to provide health care to employees who work more than 30 hours a week, i.e. "full time". So: Companies will employ workers for 27, 28, and 29 hrs a week. Why? Because if the employee averages over 30 a week, and the company d...