Darden Restaurants is a huge company. It owns Olive Garden and Red Lobster amongst many others, so when this company decides it will start cutting hours due to the imminent implementation of ObamaCare, you had better listen. From the Orlando Sentinel:
Darden, the world’s largest casual-dining company and one of the nation’s 30 largest employers, said it offers health insurance to all its approximately 185,000 employees. Many are offered a limited-benefit plan. That type of coverage is being phased out under health-care changes, which will ban annual limits for most plans.
In an experiment apparently aimed at keeping down the cost of health-care reform, Orlando-based Darden Restaurants has stopped offering full-time schedules to many hourly workers in at least a few Olive Gardens, Red Lobsters and LongHorn Steakhouses.
Analysts say many other companies, including the White Castle hamburger chain, are considering employing fewer full-timers because of key features of the Affordable Care Act scheduled to go into effect in 2014. Under that law, large companies must provide affordable health insurance to employees working an average of at least 30 hours per week.
This is just more evidence of America’s decline into neo-feudalistic serfdom. Everyone is going to be working part-time, living with their parents and buying food with EBT cards. I’m sure this is great for the housing market! All these investors buying will have no one to rent to. On the positive front, the unemployment rate might go down as more people work less hours and everyone loses!
Full article here.
In Liberty,
Mike
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This is just propaganda. In the last weeks there are less people going into restaurants, so less employes are need to do the job
You mean fewer people, fewer employees , and needED? Don’t tell me…you went to publick skool. That’s some sparkling prose leandre. No comma, missing period. That’s 5 mistakes in 2 1/2 lines. But I’m sure you thought long and hard about your little opinion.
It’s a strategic policy choice by a private employer. Where’s the propaganda?
I have taken to calling that disgrace “Government School”. The word “public” seems to imply that people have some say so, but apparently Bill Ayers is writing the curriculum now and now we must cater to the LCD as exemplified by leandre.
Thank you preacher, you are very gentle !!! Take note that english is not my Mother tongue.
Hey, you’re the one who displayed your ignorance. You didn’t have to do it. Here’s hoping you think more clearly in Albanian.
And I ask again, where’s the propaganda? Do you dispute the facts? Are you suggesting that employers won’t reduce their number of full time employees if they have to cover those working over 30 hours? It’s simple economics. They’d be crazy not to.
Support your case or go away. Here’s my support:
http://globaleconomicanalysis.blogspot.com/2012/10/obama-slashes-four-hours-off-definition.html
It is a fact fewer people are going out to eat. Fast food restaurants are suffering as well. Why do YOU think that is?My husband just lost his job one month ago, we use to go out once a week, now we don’t dare think about it. The same thing with housing, if people don’t have a job well guess what, they can’t buy a home.
Don’t forget that those new part time employees will be forced to buy health care out of pocket, or go to jail.
Also don’t forget they have to buy that Obama care thing now with the part time money between that, and gas what you ganna eat???
If Obamacare is that bad, then why is it that millions of americans voted him for four more years? Don’t tell me each and everyone of those who voted for Obama are followers of Obama’s preacher- Mr. Wright!!!! If they are, and if many pundits are correct including Mr. Wright, then surely, God has DAMNED america, just as the preacher has wished. Then all of us, rich and poor are all doomed!!!! Mr. Wright must have stronger clout with the creator than all those who prayed “God Bless America”!!!.
They already have that in the works sorry but they are contending to shorten the full time statuse to 36 hr. weeks