You're watching...

ObamaCare and the '29-ers'

Details

  • Description

    Employees at small businesses forced to work less hours

  • Duration 4:08
  • Date

Clips

Also in this playlist...

Latest Politics

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

-- welcome back -- -- Labor Department says eight million Americans are working part time involuntarily.

Meaning they have no choice because full time work isn't available right now.

Thanks obamacare that number is set to go up because Smart companies can't hire more than.

49 workers let their current employees work over 29 hours without getting fine joining us now is a small business over.

That number crunch David -- owns a bakery joins us now from Saint Louis David thanks for joining us -- -- -- specific -- -- tell us the burden that it happened.

-- have been imposed on you as a small business owner.

You know what it does is that it takes away your total ability to grow to look forward to what you can do and futures for growth is concerned.

You know for us personally rear or underneath that number but where were we -- right after a fifty employee number full time employee number.

So if we plan on opening a new location would you do it no way you can't afford it -- -- -- drivers and a a higher can cost percentage don't where we're lucky we're able to afford we've both supply health care for our current employees now.

-- -- policy that we can afford to -- If we go above that -- number now we're into that policy that the government tells us that we have.

-- water salute and that's a whole different league.

-- -- a look at some of these numbers and exactly what this would mean for companies if they go over that cap and they don't provide the insurance if you guys would add a fiftieth employee.

You'll pay approximately 52 dollars more per hour.

That's twelve dollars for the employee's salary plus forty dollars for the obamacare tax if employees work 33 hours a week -- have 29.

The pay approximately ten dollars more per hour is it safe to say -- here this and so you words there that perhaps and I don't put words in your mouth.

Do you feel that these play -- obamacare specifically.

Limits the growth in this country and holding back the economy because small business owners like yourself are afraid to hire and afraid to grow.

We'll certainly does it not only that it it holds back the ability -- small business what most people.

Could -- they look at the camera and -- news small business owner and that's who they think they see.

The small business -- our small business is made up of who our employees are.

If it's just a small business is -- family is it's not the owner it's the spam with the employee and what this does -- this takes me from being able take.

Who came in as a good part time worker at a wage been taken to a full time level at a higher wage it's it you know it's so it's a double hit.

It holds back the ability for.

That person that came back to work after maybe she was often -- family and one and only wants to you know work.

The forty hours a week instead of now working with the point nine hour week because somebody started school but you can't you can't promoter and our.

Because now you're gonna take have to supply the health care she's automatically going to be fodder to end of this -- It's a nightmare you know it's what happens when you vote for a -- and -- -- we vote for a let's see what senate tomorrow folks.

It's gonna have major consequences on the workforce and I think the two major people it -- there's women.

And the lower educated employees that are out there today and worked for well -- -- our residents.

-- is always gonna hurt people on the margins first.

Do your players understand this and -- you explain it told.

Hold my employees know well in fact you know it's even with.

The health care policy we provided if we would have tried to supply the same policy because our renewals right now.

Our family -- went up ninety dollars a month.

People come scream and that's a thousand bucks tomorrow Hollywood here on of their paycheck what's going on.

On this health care -- even if affected people that supply their own personal policies to their employees it's had a major impact on them not even taken into effect.

If you abide by the mandates that are in there that just drive these premiums over the roof I mean if they're unaffordable and that's the government's plan.

The plan is to make it unaffordable so everybody gets the drop out they go into the state system which is going to be the federal for the unbelievable David McArthur.

-- -- business -- struggling with this.

Out there and see Louis Missouri we appreciate you joining us we'll share your thoughts thank you -- and.