How Will the Lowest Bidding Employer Feel about Providing Expensive Healthcare Benefits to the Least Preferred Job Candidate?
If you had read my treatise (now about 17 years old) entitled, "The Downward Wage Equalizing Effects of Equal Employment Opportunity," then you would
understand how wage equalization works only in the downward direction.
Under equality, it is the least preferred job candidate who sets the wage standard for a job category.
Well... not exactly. It actually gets worse than that.
Under the equal opportunity and equal pay laws, wages (and other terms and conditions of employment) will be downwardly equalized to the perceived
value of the least preferred job candidate per the concept of value of the lowest bidding employer
for his least preferred job candidate
(within job category).
In my treatise, I noted the tactics by which employers are downwardly equalizing wages. The elimination of benefits such as pensions was among many
other items on my list.
So, with all this being the case, how do you think that the lowest bidding employer is going to react to having to provide very expensive healthcare
benefits under Obamacare to his least preferred job candidate?
You know, the least preferred job candidate doesn't even have to secure employment to have a real impact upon wages (and other terms and conditions of
employment). AS A MATTER OF FACT, THE LEAST PREFERRED JOB CANDIDATE DOES NOT EVEN HAVE TO EXIST EXCEPT IN THE MIND OF THE LOWEST BIDDING
Other tactics that employers use are downsizing and the utilization of part time workers. I included these tactics in the list of my treatise
SEVENTEEN YEARS AGO
. Now, it's been reported that under Obamacare, weasel employers are reducing the ranks of their employees and/or converting
full-time workers to part-time status in order to escape coming under the parameters of Obamacare requirements.
To repeat what I stated in my treatise: the minimum wage laws in combination with equal opportunity and equal pay laws are a disaster. Now, you can
factor in Obamacare into the equation for an even bigger disaster especially since Obama now wants to increase the minimum wage. YIKES!
Be reminded: every single employer who betrayed black and white workers equally by eliminating their jobs and offshoring those jobs touts the tag line
of "We are proud to be an equal opportunity employer by choice."
To repeat what I recently stated in another post: if you want to totally destroy your empire, then all that you need do is to institute government
edit on 26-4-2014 by theworldisnotenough because: (no reason given)
edit on 26-4-2014 by theworldisnotenough because: (no