Im familiar with The Law of Unintended Consequences, but I didnt know there was a Law of Intended Consequences. Many businesses in low-wage industries have hired more part-time workers and cut the hours of full-timers recently to soften the impact of new health law requirements that take effect Thursday, some consultants say. The strategies have had only a modest impact on job growth, which has accelerated substantially this year, but could take a somewhat bigger toll next year as firms gear up for an expanded health care mandate in 2016. A majority of small businesses say the Affordable Care Act already has hurt their profits, forcing them to reduce or postpone investment, withhold raises or trim other types of benefits, according to a new survey by the top small-business trade group. usatoday/story/money/business/2014/12/30/health-law-impact/21067751/
Posted on: Wed, 31 Dec 2014 19:07:04 +0000