“The American workforce is slowly converting to a force of burger flippers and shelf stockers, mostly older people in semi-retirement. The implications for the economy are serious, and the ballooning cost of health care for businesses under Obamacare bears much of the responsibility: The law’s (expensive) mandate that employees who work over 30 hours per week receive mandatory health benefits is suppressing the hiring of full-time workers, particularly by small businesses. Even Sen. Max Baucus, one of the law’s architects, said ‘I just see a huge train wreck coming down,’ at an April 17 hearing.”
http://dailyreckoning.com/we-are-becoming-a-nation-of-burger-flippers/
Related posts:
A Stainless Steel Bitcoin Wallet
Bill Bonner: This Credit Event Could Crush the Stock Market
October 26th, 2013, Washington, D.C.: A Rally Against Mass Surveillance
Thrown Off a United Airlines Flight for Taking Pictures
PITA Side-Channel Attack Steals GPG Key from Laptops
The Big Losers at the Olympics Are the Host Nations
Jason King of Sean's Outpost on Bitcoin and Charity
Cannabis Kills MRSA, Disrupts Prion Diseases
Is Paul Krugman A Coward?
Norway's Biggest Bank Demands Cash Ban
Oil Spikes Higher After Trump Threatens Allies With Sanctions For Buying Iranian Oil
Bitcoin going mainstream? Exchange approved to operate as a bank
Energy Firm Caught Breaking Into Door to Install Smart Meter
Police Chief and Half of an Entire Dept Arrested for 4th Amendment Violations
Pro Football’s TSA