In response to:

The Obama Recession

Pistol Wrote: Nov 17, 2012 9:11 AM
My local Wal-mart just tripled the number of auto checkout counters. Another couple hundred thousand entry level jobs will soon be gone. Of course, those checkout counters require software and skilled design. Engineers who can do those thngs will always have expertise to sell. Those countries with cultures that produce capable producers will go to the forefront. This used to be us. No more. We do turn out the most and best lawyers, but lawyers produce nothing except re-distribution of the production of others.

Full time work is about to get scarcer. The reason? By hiring part-time workers who put in less than 30 hours per week, employers can avoid a mandate dictated by the new health reform law: either provide expensive health insurance or pay a fine equal to $2,000 per worker. Avoiding the mandate becomes even more attractive for low-wage employees, since they can get highly subsidized insurance in the newly created health insurance exchanges. According to the Wall Street Journal:

Darden Restaurants [parent of Red Lobster and Olive Garden] was among the first companies to say it was changing...