And So I Go: Yesterday, Today and Tomorrow

Video: The Obamacare Threat To Your Job

Posted on: September 1, 2009

Video: The Obamacare Threat To Your Job » The Foundry

Also in the report:

  • The mandates will cost businesses at least $49 billion per year.
  • Another 10.2 million workers would be at risk of slower wage growth and cuts in other benefits.
  • The mandate will cause 9 million mostly low-wage and part-time workers to lose their employment-based health insurance.
  • It just may cause you to lose your job unless  you can get one of the gazillion federal jobs  that implementing Obama care will  create.     Of course those who lose their jobs in the private sector will not be paying taxes to pay the salaries and benefits for all these new federal employees so the the country will go further in debt.
  • Now consider a new report out that  claims the federal government will be borrowing 40% of NEXT YEARS budget.  Wow!  As my Dad would say, “Kid the country is going to hell in a hand-basket.”  Never did understand how the hand-basket thingee got in there but just know it was an often used phrase of the old timers.  BB
  • UPDATE:   According to the U.S. Bureau of Labor Statistics (BLS), from 1998 to 2008 public employee compensation grew by 28.6%, compared with 19.3% for private workers.
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