Elections have consequences. In a future post we will list the job layoffs that have resulted from Obama’s re-election and the slew of tax increases businesses and individuals will be paying as of January 1st. The number of layoffs are staggering and keep growing.
Companies that have employees work more than 28 hours a week are now considered full time by the law and employers must buy federally approved health insurance, which Obamacare has caused premiums to rise by $2,500 per year because of it’s mindless one sized fist all coverage and new taxes on insurance and health care. If employers do not provide the insurance they will have to pay a tax penalty….unless employees get less than 28 hours a week.
Welcome to mass layoffs and hiring of part timers only.
The first ones hit were not just the evil capitalists, this counts for most everyone, including university professors who are now feeling the heat. Radicalized academia actively supported and campaigned for Obama. Enjoy.
I am running into all sorts of people who voted for Obama again that had no idea about “Taxmageddon“. Most are shocked when they learn the truth, some just go into denial and even deny that anyone is getting laid off. Some even believe that we will have free health care and “gubmint” will just pay for it.
Pennsylvania’s Community College of Allegheny County (CCAC) is slashing the hours of 400 adjunct instructors, support staff, and part-time instructors to dodge paying for Obamacare.
“It’s kind of a double whammy for us because we are facing a legal requirement [under the new law] to get health care and if the college is reducing our hours, we don’t have the money to pay for it,” said adjunct biology professor Adam Davis.
On Tuesday, CCAC employees were notified that Obamacare defines full-time employees as those working 30 hours or more per week and that on Dec. 31 temporary part-time employees will be cut back to 25 hours. The move will save an estimated $6 million.
“While it is of course the college’s preference to provide coverage to these positions, there simply are not funds available to do so,” said CCAC spokesperson David Hoovler. “Several years of cuts or largely flat funding from our government supporters have led to significant cost reductions by CCAC, leaving little room to trim the college’s budget further.”
The solution, says United Steelworkers representative Jeff Cech, is that adjunct professors should unionize in an attempt to thwart schools seeking similar cost-savings efforts from avoiding Obamacare.
“They may be complying with the letter of the law, but the letter of law and the spirit of the law are two different things,” said Mr. Cech. “If they are doing it at CCAC, it can’t be long before they do it other places.”
Under the new CCAC policy, adjunct professors will only be allowed to teach 10 credit hours a semester. Adjuncts are paid $730 per credit hour.
That is $14,600 dollars a year. You have a Masters or a PhD and you are just a tick above the poverty level. Good luck paying your student loans. How can you attract the best teachers when you can make more money working at Walmart?