ObamaCare Has Retailers Cutting Employee Hours, As Dems Worry About Rising Premiums

May 7, 2013

Investor’s Business Daily is out with a new report detailing in yet another way how ObamaCare is hurting workers.

According to Jed Graham, retailers are cutting workers hours at a rate not seen in 30 years—currently an average of just 30 hours per week.

ObamaCare requires that employers provide health insurance to employees or face severe penalties. To avoid these penalties, small business owners are steadily decreasing workers hours to keep them effectively “part-time.”

Oregon Senator Ron Wyden, a Democratic critic of the law, has spoken out on ObamaCare’s effect on young people.

According to Wyden, if young people’s insurance premiums continue to rise, it will cause trouble for supporters of the law.

“‘There is reason to be very concerned about what’s going to happen with young people. If their (insurance) premiums shoot up, I can tell you, that is going to wash into the United States Senate in a hurry,’ said Senator Ron Wyden, an Oregon Democrat.”