healthmyths
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- Sep 19, 2011
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"Can't afford it," explained the employer, Bill Looman, Tuesday evening.
"I've got people that I want to hire now,
but I just can't afford it.
And I don't foresee that I'll be able to afford it unless some things change in D.C."
'Company Policy: We are not hiring until Obama is gone' | 11alive.com
Now what is it that "he can't afford" that keeps him from hiring?
Hesitancy because due to more and more rules and regulations coming from this administration at a rate Since 2008 the government has spent 54 billion dollars on regulatory agencies at a 16% growth rate.
Since President Obama took office regulatory agency employment climbed 13% to more than 281,000 regulatory employees.
During the same period all other employment shrank by 5.6%.
By 2008 the cost to the private economy to comply with federal regulations was 1.75 trillion dollars.
4200 more regulations are waiting for approval in the pipeline, not counting the EPA, the new health care bill, and the Dodd-Frank legislation. It is not known yet how much more those will add?
The 1.75 trillion dollar red tape economy | Washington Times Communities
So businesses have NO idea what it will cost to add new employees because of Obamacare, Dodd-Frank Act, and all the new rules and regulations!
Why hire people if you have to spend thousands more in following OSHA,EPA,and all the other alphabet soup rules and regulations!
The facts:
UBS on September 19 released an investors' research report on what it calls the "Great Suppression," which UBS says is a phenomenon in which "tax hikes and regulations emanating from Washington are ... discouraging hiring."
The report said that the 2010 health care bill was one of 11 regulations that it believes are having a "negative impact on U.S. employment."
The report said that health care reform was "arguably the biggest impediment to hiring (particularly hiring of less skilled workers)."
"It subjects businesses to
highly complex rules that increase the cost,
risk, and 'hassle factor' of adding to payrolls," the report states. "...
All firms with more than 50 workers must provide benefits, which creates an incentive for smaller firms to stay 'under the limit' by expanding overseas, outsourcing, or dividing into two companies."
This report is BASED ON REAL employers and their REASONS..
Download it from here:
The American Spectator : Bad Economists and Good Capitalists
"I've got people that I want to hire now,
but I just can't afford it.
And I don't foresee that I'll be able to afford it unless some things change in D.C."
'Company Policy: We are not hiring until Obama is gone' | 11alive.com
Now what is it that "he can't afford" that keeps him from hiring?
Hesitancy because due to more and more rules and regulations coming from this administration at a rate Since 2008 the government has spent 54 billion dollars on regulatory agencies at a 16% growth rate.
Since President Obama took office regulatory agency employment climbed 13% to more than 281,000 regulatory employees.
During the same period all other employment shrank by 5.6%.
By 2008 the cost to the private economy to comply with federal regulations was 1.75 trillion dollars.
4200 more regulations are waiting for approval in the pipeline, not counting the EPA, the new health care bill, and the Dodd-Frank legislation. It is not known yet how much more those will add?
The 1.75 trillion dollar red tape economy | Washington Times Communities
So businesses have NO idea what it will cost to add new employees because of Obamacare, Dodd-Frank Act, and all the new rules and regulations!
Why hire people if you have to spend thousands more in following OSHA,EPA,and all the other alphabet soup rules and regulations!
The facts:
UBS on September 19 released an investors' research report on what it calls the "Great Suppression," which UBS says is a phenomenon in which "tax hikes and regulations emanating from Washington are ... discouraging hiring."
The report said that the 2010 health care bill was one of 11 regulations that it believes are having a "negative impact on U.S. employment."
The report said that health care reform was "arguably the biggest impediment to hiring (particularly hiring of less skilled workers)."
"It subjects businesses to
highly complex rules that increase the cost,
risk, and 'hassle factor' of adding to payrolls," the report states. "...
All firms with more than 50 workers must provide benefits, which creates an incentive for smaller firms to stay 'under the limit' by expanding overseas, outsourcing, or dividing into two companies."
This report is BASED ON REAL employers and their REASONS..
Download it from here:
The American Spectator : Bad Economists and Good Capitalists