"The conceit of regulation is that bureaucrats of below average talent have the knowledge, insight and skill to oversee the talented and to catch their errors before they do, themselves.... The best medical, financial and business minds migrate toward JP Morgan, Merck & Coke a Cola... where the work is stimulating and the compensation, high. It is unlikely that the best and brightest will settle for a federal regulatory agency and its relatively low pay." John Tamny, Popular Economics.
My time in studio takes place in the first half of the today's third hour:
My time in studio takes place in the first half of the today's third hour:
Obamacare is pushing the lower end of full-time employees to part-time work:
- In June of this year, there were 191,000 fewer workers with usual work schedules of 31 to 34 hours in their main jobs than at the end of 2012, a drop of 8%.
- Meanwhile, an additional 406,000 people usually worked 25 to 29 hours, up 12%.
- The divergent shifts on either side of the 30-hour divide coincide almost perfectly with the initial measurement period for ObamaCare employer penalties that began in 2013.
