Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Brumar89

9/9/2013 7:44:01 AM

3 Recommendations

Recommended By
FJB
joseffy
PKRBKR

Read Replies (1) of 1579534

Mort Zuckerman: Part-Timers Will Near 50% of Workforce Due to ObamaCare

By Noel Sheppard | September 8, 2013

The Obama-loving media refuse to report the metaphysical certitude that the President's healthcare reform legislation is destined to end the 40 hour work week.

On PBS's McLaughlin Group this weekend, media mogul Mort Zuckerman predicted, "Part-time employment is going to grow from 25 percent of the workforce to close to 50 percent of the workforce in part because of the problems of healthcare obligations."

[iframe width="500" height="281" title="MRC TV video player" src="http://www.mrctv.org/embed/122677" frameborder="0" allowfullscreen=""][/iframe]

Quite frankly, I think part-time employment will grow well beyond 50 percent, and the 40 hour work week is going the way of the dodo.

If ObamaCare is fully implemented, workers averaging more than 29 1/2 hours per week with one employer will be quite uncommon except amongst the highest paid in the nation.

With this in mind, history is likely to look upon Barack Obama's signature piece of legislation as harming the middle class more than any bill in American history.

Quite a price for roughly 15 million more Americans to get free or subsidized health insurance, wouldn't you say?

All together now: hip hip hooray!