Tuesday, March 29, 2011
The Obama administration says it wants to promote employment, but by its actions it raises the costs of employment at virtually every opportunity. New regulations, for instance, significantly expand the proportion of the workforce considered "disabled," triggering costly new accommodations. Federal regulators have now sufficiently defined disability down that some experts argue that a majority of American workers may be "disabled." Not only does that directly increase the cost of employing such people, it expands the pool of potential plaintiffs under the Americans with Disabilities Act, creating yet another reason to eliminate jobs, move them overseas, or defer hiring as long as possible.
At this rate, people who create jobs will be the most "disabled" people in America.
" but by its actions it raises the costs of employment at virtually every opportunity." It's a feature not a bug. Punishment and penalisation of the responsible and productive people is part and parcel of these twits strategy. but, what can one expect from some boob whom has never worked for nor earned anything.
It's almost the responsibility of American companies to reincorporate in Switzerland or Ireland at this point.
Americans love entitlements, that's clear, and corporations are blamed for not making it possible to live like kings for free. I saw Lloyd Doggett (D-Texas) on TV this morning trotting out the old liberal stand-bye "they should do their part" crap like he just thought of it, and no one on the CNBC pundit panel bit his nead off (as they should have). We are doomed, to use Ace's phrasing.
American business executives, you must think globally.
From a New York Times article last week about General Electric:
"The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.
"Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion."
Um, I hate to harsh your mellow Tigerhawk but President Bush signed the sweeping Americans with Disability Amendments Act (ADAAA) into law in September 2008. The ADAAA clarified and greatly enpanded the scope of "major life activities" and called for broad coverage of those claiming a "disability."
The bill, the Act became effective January 1, 2009. Two years later, the EEOC has issued revised regulations implementing the statue's mandates. The regs adhere very closely to the Act, however, you can take some small comfort in the fact that the regs do NOT trigger any additional requirements for employers beyond those found in the amended ADA.
As an employer, I am surprised that you are not more familiar with the amended ADA bill Bush signed into law. Most of us have been holding our breath for the past two years waiting for the final regs to be issued.
Here's a client alert prepared prepared by counsel.
in September 2008 warning then what was headed our way.