Just a bit more on the Affordable Care Act's impact on jobs and businesses. At least in some cases, the new mandates are likely to cost some businesses another 40K a year....tell me that doesn't hurt a little.
“Mr. Schanstra is contemplating various strategies he can take next year in order to sidestep what he believes are significant burdens of complying with the law. In fact, he's considering whether he should split his manufacturing firm in two.
That is because his plant, with sales of about $1.6 million for 2012, currently employs 40 full-time workers, mostly low-paid employees who monitor the factory equipment. If sales were to continue to rise, the plant could, conceivably, employ 50 full-time workers in 2014.”
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