Talk of The Villages Florida - View Single Post - 26 Million Americans Underemployed
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Old 10-23-2011, 06:18 PM
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Originally Posted by memason View Post
Much of the full-time/part-time issue is benefits. Medical costs are crippling businesses and it has nothing to do with Obamacare. Medical costs have been skyrocketing for many years.

I used to work for a multinational company that was self insured. They were spending in excess of $500m/year for health care 5 years ago.

But, no doubt about it, it's a tough economy right now... Lots of folks are hurting.
You are right on the money. Imagine what would happen to corporate retirement plans if Medicare wasn't there to contain some of their costs.