Relevant and even prescient commentary on news, politics and the economy.

McDonalds’ Suggests a Budget for Employees . . .

Partnering with Visa, McDonalds’ Suggests a Budget for Employees which Ironically Shows in the End Just How Impossible It is to Get by on the Minimum Wage. The budget does not include gasoline, food, or heating expenses and incorporates $20/month for Healthcare Insurance. Besides skipping certain expenses and skimping on others; to meet the income […]

Health Care Thoughts: Obamacare Fail

by  Tom aka Rusty Rustbelt Health Care Thoughts: Obamacare Fail The Obama administration has delayed a key portion of the program, the 50+ regulations for employers on providing insurance and on the quality of insurance provided. So why the delay? 1) The administration could not explain its’ own rules and definitions, especially on seasonal workers […]

Sequester Impact: 1 In 7 Seniors Struggle With Hunger

Crooks and Liars Diane Sweet writes about the impact the Sequester is having on something I used to do when working part time at an assisted care and nuring home in Bensonville, Illinois while pursuing my first BA. “Meals on Wheels” would bring a meal a day to the elderly. Since some were apartment-bound with […]

The PPACA Sky is Falling . . .

Quelle Surprise, The White House Administration has decided to give “some” companies with >50 employees a one year extension in order to prepare and comply with the PPACA mandate. Given the amount of resistance the PPACA has received from the states in preparing for it and the House of Representatives, this delay should come as […]

Health Care Thoughts: Obamacare Meets Immigration Reform

by Tom aka Rusty Rustbelt Health Care Thoughts: Obamacare Meets Immigration Reform With the passage of the Senate version of immigration reform we have some details to ponder. Illegals who become “provisional” for up to 13 years will not qualify for some Obamacare credits and subsidies. Workers who receive “unaffordable” insurance coverage from employers will […]

Health Care Thoughts: California Assembly Bill 880 (pending

by Tom aka Rusty Rustbelt Health Care Thoughts: California Assembly Bill 880 (pending) It was a no brainer to predict Obamacare would have a major impact on restaurant and retail employers, especially in the throes of a weak economy. The composition of the work forces and often slim margins guarantee problems. Darden Corp. (Red Lobster […]

Health Care Thoughts: Cap per Procedure

by Tom aka Rusty Rustbelt Health Care Thoughts: Cap per Procedure Some employer health plans are experimenting with a cap-per-procedure system, allowing $X for a certain procedure and forcing employees to pay any difference. This is not as harsh for employees as it first sounds, as the plans are using this as leverage to cap fees […]