{"id":10958,"date":"2010-05-18T08:33:16","date_gmt":"2010-05-18T13:33:16","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=10958"},"modified":"2010-05-18T08:33:16","modified_gmt":"2010-05-18T13:33:16","slug":"too-small-to-matter","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=10958","title":{"rendered":"Too Small To Matter"},"content":{"rendered":"<p>I&#8217;ve got two teenagers.\u00a0 Both are looking for work, more or less; Bun washes dishes at a restaurant one day a week, so she&#8217;s got <em>sometihng<\/em>, but it&#8217;s very, very hard to find anything much better.\u00a0 Zam isn&#8217;t even having that much luck.<\/p>\n<p>In other words, it&#8217;s as bad as when I was 17 and 18.<\/p>\n<p>The problem is, by the time I was 21jobs were <em>everywhere<\/em>, and the economy was on puree. I had more jobs that I knew what to do with by my junior year of college.<\/p>\n<p>That&#8217;s just not going to happen with this recession.\u00a0 White Castle&#8217;s CEO reports that <a href=\"http:\/\/www.weeklystandard.com\/blogs\/white-castle-exec-obamacare-provision-would-cut-our-income-half\">just one provision in Obamacare is going to utterly gut low-income hiring:<\/a><\/p>\n<blockquote><p>Jamie Richardson, a White Castle executive, says, &#8220;We\u2019ve been working on this internally from a number of different perspectives. One [provision] that has [us] the most concerned is the $3,000 penalty that kicks in when an employee\u2019s portion of a premium exceeds 9.5% of Household Income.&#8221; Richardson elaborates, &#8220;In present form, this provision alone would lead to approximate increased costs equal to over 55% of what we earn annually in net income (based on [our] past 4-year average).  Effectively cutting our net income in half would have [a] devastating impact on the business &#8212; cutting future expansion and more job creation at least in half.  Sadly, it makes it difficult to justify growing where jobs are needed most &#8212; in lower income areas.&#8221;  And that&#8217;s all from just a single provision in a 2,700-page act.<\/p><\/blockquote>\n<p>I love this next quote:<\/p>\n<blockquote><p>The Obama administration&#8217;s economic policy seems to involve dividing businesses into two categories:  too big to fail, and too little to matter.<\/p><\/blockquote>\n<p>Alternately:\u00a0 &#8220;too big to fail&#8221; and &#8220;future employees or wards of government&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;ve got two teenagers.\u00a0 Both are looking for work, more or less; Bun washes dishes at a restaurant one day a week, so she&#8217;s got sometihng, but it&#8217;s very, very hard to find anything much better.\u00a0 Zam isn&#8217;t even having that much luck. In other words, it&#8217;s as bad as when I was 17 and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[],"class_list":["post-10958","post","type-post","status-publish","format-standard","hentry","category-capitalism-v-socialism"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10958"}],"version-history":[{"count":2,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10958\/revisions"}],"predecessor-version":[{"id":10988,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10958\/revisions\/10988"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10958"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}