Government getting in economy’s way: Beige Book

Discussion in 'The Back Room' started by BuckeyeT, Mar 6, 2013.

  1. BuckeyeT

    BuckeyeT Well-Known Member

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    Offered without comment and filed under "No Sh!t Sherlock"!
    http://www.marketwatch.com/story/go...conomys-way-beige-book-2013-03-06?siteid=nbch
     
  2. George Krebs

    George Krebs Well-Known Member

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    This would assume that Obama wants the economy to recover. I don't think he does.
     
  3. JO'Co

    JO'Co Well-Known Member

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    Report: Obamacare Could Cost 3.2 Million Small Business Jobs…
    [​IMG]
    Via Washington Secrets:


    Over one-third of the 9.1 million full-time jobs among America’s diverse business franchises could be cut back or eliminated by Obamacare as small businesses struggle to maintain profitability while coughing up money to pay for Washington-mandated health care coverage, according to the International Franchise Association.

    The threat of hitting 3.2 million full-time workers as the Affordable Care Act takes effect next year is prompting the owners of fast food restaurants, service companies and other franchises to urge Congress to make significant changes in Obamacare.

    To help their cause, the association on Friday released a new state-by-state breakdown on the potential impact on jobs in the bull’s eye of Obamacare, which declares that a 30-hour week is full-time, not the industry accepted 40 hours. That 10-hour difference has thousands of franchise owners scrambling to either fund healthcare for those working 30 hours, or cut hours back to below 30 hours.
     
  4. IrishCorey

    IrishCorey Well-Known Member

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    Just the fear of that is costing people their jobs. You're reading the post of one of them right now.
     
  5. gipper

    gipper Well-Known Member

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    The more people out of work the more people on unemployment, food stamps, and carrying free phones. In other words, Obamacare is meant to create more Democratic voters.