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To my fellow business owners, we now must scramble

Discussion in 'Political Opinions & Beliefs' started by sec, Nov 7, 2012.

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  1. sec

    sec Well-Known Member

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    no, I have received mostly feedback from ideologues and not business owners.
     
    sec, Nov 8, 2012
    #76
  2. Craftsman

    Craftsman Banned

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    If you are providing health care you will not have any 'penalty'.
    Anyone that has a business knows that.
     
    Craftsman, Nov 8, 2012
    #77
  3. Lee S

    Lee S Moderator Staff Member Past Donor

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    This is the reality of small business owners under Obama. I have four employees who made more than me the last year. This year, all of my employees made more than I did. We had an uptick in business and paying the initial costs to do a job requires cash up front in the hopes of customers will pay you in a timely fashion.

    I have already reduced the hours of two employees (they have health insurance from their spouses) to under thirty hours a week. I will not pay a penalty for people I hire. The principal of the thing is just galling.

    All of my other employees get 100% health and dental benefits at no cost to them. The HMO told us Obamacare is going to push yearly premiums up as much as $3000 per person. In a shaky market, and one would be wise to assume it will continue to be shaky for four more years, you cannot raise rates to cover the costs. So the only other alternative is that people are going to have to be laid off or your business goes under and everyone but you gets laid off.
     
    Lee S, Nov 8, 2012
    #78
  4. FixingLosers

    FixingLosers New Member

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    Done that. I don't know what line of business you are in but I'm now having most of the coding and designing part done by indians, chinese and koreans. The asian countries churn out STEM graduates 10 times more each year than all graduates in US combined. Including those liberal-arts losers that can't really find a job and have to hog on Obama.

    But you have to be extra careful about the paper-work and possible legal disputes. Most of the time, deals would go smoothly.


    ETA: Oh, and there are tons of online job boards too. I've heard numerous rumors like a pakistan guy with 5-7 men making 350K a year just for doing SEO alone.

    And you won't believe it but there are people who can write windows drivers and will write them for 200 bucks or so. But you have to be on the constant lookout for your timing. These people won't always be available.
     
    FixingLosers, Nov 8, 2012
    #79
  5. Lee S

    Lee S Moderator Staff Member Past Donor

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    It is nothing to be ashamed of to not know something. The admission of ignorance is required before one actually takes steps to remedy that ignorance. The real shame is to be woefully ignorant of a fact, and believe you are well informed. And it is a tragedy to be ignorant of a fact and then belligerently proclaim that ignorance in as public a fashion as you possibly can. Sadness.
     
    Lee S, Nov 8, 2012
    #80
  6. Collateral Damage

    Collateral Damage Well-Known Member

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    I am not an business owner, but in the upper Management tier.

    Currently, our healthcare plan was grandfathered in, so we don't have to make any immediate changes. The currently covered group of management is only 20 people, but when it will be required to expand to cover all 'full time' employees, the current game plan is to offer the current plan, and it's premiums, to the FT group. The majority will decline, based on the fact it is not a high paying position. It is well above minimum wage, but not considered to be in the middle income range. Most can't afford the premium even with the company contribution.

    The onus will then be on them once they decline the coverage we carry.

    Alternative plans may be discussed, but that's what's in place for the moment.

    We've just been advised that our plan, up for renewal January 1, premiums will be going up 25%. Again.
     
    Collateral Damage, Nov 8, 2012
    #81
  7. sec

    sec Well-Known Member

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    did you not pay attention to the annual increase in premiums of 30-40%? Where do you make up the extra $300 per month per employee?

    Obamacare has driven up premiums the likes we've never before seen. Insurance companies must raise money to pay for the "free stuff". And from where do you think that money comes, from a tree? It comes from policy holders in the form of premium increases and is now at the point where many are considering dropping medical coverage, paying the penalty and letting employees be on their own. That is what the liberals wanted because it will lead to their panacea; single payer
     
    sec, Nov 8, 2012
    #82
  8. sec

    sec Well-Known Member

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    I'm seeing $250-$300 per month increase per employee so what you see is similar
     
    sec, Nov 8, 2012
    #83
  9. sec

    sec Well-Known Member

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    If there is a shining light on any of this it's that inflation in China has made South Korea more attractive. They still cost more but the level of work and quality is far superior to Chinese firms.
     
    sec, Nov 8, 2012
    #84
  10. Lee S

    Lee S Moderator Staff Member Past Donor

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    Just who in the hell asked people who obviously know nothing about business, and believe me, it is painfully obvious, to comment on a thread which begins "My fellow business owners.....".

    Could the liberals please just stop this nonsense? Liberals obviously know nothing of business or business practices. I would venture a guess that if any business owner followed ANY of the advice tendered by the liberals on this thread that they would be bankrupt within a month.

    Why do liberals think they know anything about business? They don't run businesses. Would you be so arrogant as to walk up to a neurosurgeon and offer your advice on the best methods of cauterizing micro-arteries? No, that would just be foolish. But you are more than willing to go up to someone who has the creativity, brains, skill, willingness to risk and sacrifice, and common sense to run a business under a business hostile environment led by a business hostile President and tell them how to do what they have been doing all along. It doesn't make any sense at all, and it especially doesn't make any sense to business owners when it is all too clear that those offering advice are woefully lacking in all of the traits required to run a business. Just stop.

    Now if you liberals do not mind, could you move yourselves back to the kids table, the adults are trying to have a conversation about how to fix a butt heinous problem that you yourselves have created.
     
    Lee S, Nov 8, 2012
    #85
  11. fmw

    fmw Well-Known Member

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    I hire only part time seniors. They all have Medicare. I'm not going to change that either. No problems here. The fines will be significantly lower than the cost of coverage. I think the end result will be fewer people with health insurance rather than more as the law intended. Everything has consequences and, sadly, everything the government does seems to have negative ones.
     
    fmw, Nov 8, 2012
    #86
  12. Lee S

    Lee S Moderator Staff Member Past Donor

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    There is no incentive to hire employee number 50 and 51 and a whole lot of disincentive to do so. I have no clue how companies are supposed to jump from 50 to 100 (which is the break even point) employees at one time. This is just a stupid provision in a stupid law.
     
    Lee S, Nov 8, 2012
    #87
  13. Mike12

    Mike12 Well-Known Member

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    yeah, misinformed nonsense is what you all accuse us of when we show you Obamacare makes sense but anyway, you want to get advice on how to deal with this new legislation?

    here's a suggestion. Go to a Massachusetts, pay a visit to Boston and intervew small business owners. Things seem to be running quite well there after RomneyCare (almost identical to Obamacare model) got implemented. I think you can afford a plane ticket there right? and spend a day or 2 talking to your peers who have actually dealt with this healthcare system and by most accounts, done quite well? Posting here and listening to anti government, anti federal junkies spew nonsense probably won't get you anywhere. Go speak to the Massachusetts people and get all the answers you are seeking.
     
    Mike12, Nov 8, 2012
    #88
  14. sec

    sec Well-Known Member

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    so basically your response is; "sorry, I have no real world experience to offer"

    ok, thanks
     
    sec, Nov 8, 2012
    #89
  15. sec

    sec Well-Known Member

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    don't laugh

    many of today's seniors are in great shape, still quick thinking and can travel.
     
    sec, Nov 8, 2012
    #90
  16. Captain America

    Captain America New Member

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    All my people are 1099 workers. Piece work. They are their own business. I am just the middle man who keeps it glued together and owns the responsibility.
     
    Captain America, Nov 8, 2012
    #91
  17. Lee S

    Lee S Moderator Staff Member Past Donor

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    You know nothing, Surfer Joe. Business owners care little about who makes a mess. We have to deal with that mess. Since Obamacare isn't going to be repealed, we have to deal with its consequences. The options are limited as to what can be done. Health care costs are going up by a huge margin. How are business owners going to deal with it? Going bankrupt isn't a good solution. Most employers have a strong sense of responsibility to the health and welfare of their employees, so laying people off is always the option of last resort. Prices can only be raised so much before people no longer buy your products, and if that happens, you go bankrupt. So what options are left? You tell me. That is what this thread is about.
     
    Lee S, Nov 8, 2012
    #92
  18. rexob715

    rexob715 New Member

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    Health insurance shouldn't be tied to your employment..........meaning if you lose your job, you shouldn't lose your health insurance. Thank goodness for universal healthcare.
     
    rexob715, Nov 8, 2012
    #93
  19. rexob715

    rexob715 New Member

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    And they are not going to go bankrupt by offering employees healthcare.
     
    rexob715, Nov 8, 2012
    #94
  20. Brewskier

    Brewskier Well-Known Member

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    Most leftists know nothing about how businesses operate. In their mind, all business owners, large or small, are fatcats who just won't share their profits, due to greed.
     
    Brewskier, Nov 8, 2012
    #95
  21. Brewskier

    Brewskier Well-Known Member

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    Many will, actually. You'll see. Who are you going to blame when that happens?
     
    Brewskier, Nov 8, 2012
    #96
  22. Craftsman

    Craftsman Banned

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    Clearly we need to cut education funding.
     
    Craftsman, Nov 8, 2012
    #97
  23. Brewskier

    Brewskier Well-Known Member

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    We spend more money on education K-12 than any other country in the world with the exception of Switzerland. Our education falls far below that of other countries. Ever stop to think that the money we are spending isn't the problem?
     
    Brewskier, Nov 8, 2012
    #98
  24. rexob715

    rexob715 New Member

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    And you will see that they will not. Will you be willing to admit it when it doesn't happen?
     
    rexob715, Nov 8, 2012
    #99
  25. Craftsman

    Craftsman Banned

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    As I said you have no idea the rates are going up, let alone the amount.

    No it hasn't, in fact the rate increases have slowed over the huge amounts they were going up under bush the failure.
    Telling the truth may hurt but it does feel better in the end.

    The conservative misinformation crap again.
    How do you people claim to own and operate a business when you can't even discern truth from fiction?
     
    Craftsman, Nov 8, 2012
    #100
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