Monday, Regal Entertainment Group, the largest movie theatre chain in the country, announced that thousands of employees will have their work hours cut -- as a direct result of the added cost of the new ObamaCare mandates that become effective later this year.
In order to avoid the added cost of providing health insurance for employees working 30 hours a week (as ObamaCare mandates), it only makes sense for companies to schedule employees for 29 hours. So anyone who was working full-time is now being hit with a 25% pay cut.
Moreover, in a jobless "recovery" like the one we've been suffering under for four long years now, employers hold all the cards. And even if someone is able to find another job, what are the chances that employer won't be making the same decision to avoid the expense of ObamaCare?
The most under-covered story in the media this year is and will continue to be the effect ObamaCare is having on America's working class -- those who are losing their health insurance and the crucial work hours that can make all the difference when you live on the margins.
"Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual." Thomas Jefferson