by David Van Risseghem- Sept 12, 2016:
During a recent conference in Chicago, I had the opportunity to join a dinner gathering with Steven Moore. Mr. Moore is a Senior Contributor to Freedomworks. He is also an economic contributor to Fox News, as well as an economic adviser to the Trump campaign.
Moore decried the sabotage sustained by the US economy via the Obama regulatory strangle hold. Moore referred to the 49ers and 29ers.
The Affordable Care Act(ObamaCare) contains some devastating mandates upon commerce, to pay much of the cost of healthcare in the nation. Any corporation or individual who provides full time employment to 50 or more individuals must provide for their healthcare major insurance coverage. Not merely their actual medical costs; but actually buying an insurance policy from an approved list of favored underwriters.
Many skilled and competent workers are devastated by this regulation and find themselves having to work 2 jobs and upwards of 60 hours per week just to provide for their own households. And they still have no healthcare benefits from their employment.
Employers are struggling with poorly run operations as a result of the revolving staff and terrible communications breakdown which comes with having a different staff at their locations on each day of the business week.