Friday, November 09, 2012

Eff you, it's my blog: Time to realize what you voted for. Update: Instalanche!

Philosophy aside, it is important to realize that elections have consequences. One of the consequences of this election is that Obamacare is here to stay, at least for a while. It is too inherently unworkable to stay for long, but it isn't going away in the next few years. Live with it.
Liberal contract attorneys might want to consider what "live with it" means. Under Obamacare, companies with 50 or more full-time employees either have to provide them with government-approved health insurance policies, or pay a per-employee fine. Further, the fine kicks in at the 31st employee, not the 51st, and it starts at $2,000 per year per employee. It goes up later. Companies, therefore, are discouraged from having full-time employees, or at least 50 or more of them. Hello, part-time employment. Think I'm fucking with you? Think again.
While you're thinking again, start thinking about the industry in which you work. Obamacare, unlike other government regulations, defines a full-time employee as one working 30 hours a week. Every temp agency in town worth a shit has 50 people working "full-time" in any given year under that definition. If you think that temp agencies will give you employer-funded health insurance that meets Obamacare standards (hint: lots of mandates make insurance less affordable), you are delusional. They already didn't offer comprehensive insurance, which was cheaper before Obamacare started affecting rates, so they won't start now. ....Temporary employment as we know it is unlikely to survive Obamacare, at least as it is currently structured. That's not my opinion, that's what temp agency heads said to Congress. I suggest you read the entire transcript. These guys have a pretty good idea of how Obamacare will fuck their industry and, by extension, you.
But don't worry about them. Maybe they're full of shit. Maybe you'll be fine. Or maybe you're fucked. but hey, that's what you voted for.

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