First, here's Nancy Pelosi, the Queen of Zany, regarding the allegedly positive link between the Affordable Care Act (ObamaCare) and job creation: “This bill is not only about the health security of America,” she declared. “It's about jobs. In its life, it will create 4 million jobs, 400,000 jobs almost immediately.”
In fact, the creation of more jobs “almost immediately” is not the way ObamaCare is working out at Orlando-based SeaWorld for those lucky workers who spend their days tossing fish to pelicans and taking a dip with the dolphins.
In September 2013, SeaWorld announced that starting in November it will cut work hours for an undisclosed portion of its 18,000 part-time and seasonal employees from 32 hours per week to 28 hours per week, thereby keeping employees under the 30-hour threshold at which companies are required to provide health insurance under ObamaCare.
Beginning in 2015, ObamaCare requires companies with 50 or more employees to provide health insurance to all full-time employees, with “full-time” defined in Obamacare’s regulations as 30 hours per week.
Also in September, Cleveland Clinic, the second-largest employer in Ohio (Wal-Mart is first), announced that it will cut its annual $6 billion budget by up to 6 percent, by up to $360 million or a million a day, because of ObamaCare.
Translating that budget cut into potential job losses, a 6 percent reduction in Cleveland Clinic's 44,000-employee workforce equals 2,640 jobs.
Contrary to Pelosi’s pie-in-the-sky forecast on job creation, firms across the nation are currently seeking to dodge the expenses associated with ObamaCare’s mandates by cutting their workers’ schedules to less than 30 hours per week.
Similarly, companies nationwide are currently putting strategies in place to keep the size of their workforces below the 50 full-time worker size that triggers the imposition of Obamacare’s rules and regulatory costs.
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