http:\/\/tinyurl.com\/n3yf7j4),<\/a>\u00a0the polling firm runs its own surveys of unemployment.\u00a0 Like the government\u2019s numbers, Gallup\u2019s are based on a super-large sample, not the 500-750 person panels so many pollsters use and that were so infamously unstable in the past presidential elections.\u00a0 Every 30 days Gallup questions 30,000 adults on their employment status with a rolling average taken \u201cover the full 30 day period.\u201d\u00a0 Unusual for this sampling, Gallup is now showing a big spread between its numbers and the government\u2019s.\u00a0 While the Bureau of Labor Statistics pegged unemployment at 7.4% at the end of July (when Gallup showed it at a compatible 7.7%), as of yesterday Gallup showed 8.9%.\u00a0 This would be the highest level in a year and a half and, if borne out by subsequent sampling, points to a rapid and unusual downturn in the economy.\u00a0 I say unusual because drops in the stock market such as we\u2019ve seen in recent weeks usually precede declines in unemployment rates by months.<\/p>\nWhat would cause such a faltering pointing to a collapse?\u00a0 One answer may be that increasing numbers of employers are starting to focus on the implications of Obamacare \u2013 and acting.\u00a0 Some are adjusting without layoffs.\u00a0 As\u00a0Breitbart\u2019s<\/i>\u00a0Nolte reported yesterday, the University of Virginia has just announced that working spouses of its employees must obtain coverage through their jobs, not by riding on their university-employed spouses\u2019 policies.\u00a0 In its announcement, the university explained, \u201cProvisions of the federal Affordable Care Act are projected to add $7.3 million to the cost of the University health plan in 2014 alone.\u201d\u00a0 Unlike the government, UVA has to balance its books. \u00a0The new policy is how it is making up for Obamacare.<\/p>\n
At least UVA is not laying off people or cutting full-time work to part time, yet. \u00a0In recent months, that response has been reported from businesses large and small all over the country.\u00a0 Perhaps the pace is picking up.\u00a0 Yes, the administration is granting \u00a0wavers for everyone with any clout at all.\u00a0 It makes you think that the ACA (Affordable Care Act, the official name of Obamacare) should be renamed the CCA, Crony Capitalism Act.\u00a0 But the warning signs may be indicating that employers \u2014 from small business owners to corporate executives to heads of non-profits, including university CEOs \u2014 are taking stock.\u00a0 If so, they may finally be seeing that major Obamacare are costs coming from which no dispensation will exempt them.<\/p>\n
Something\u2019s got to give.\u00a0 It looks as though it will be all of us.<\/p>\n","protected":false},"excerpt":{"rendered":"
Just as the Washington Establishment is trumpeting the economy\u2019s revival, an alarming other story is gaining traction.\u00a0 It isn\u2019t a new edition of the headline grabbing \u201cend to the stimulus\u201d tale.\u00a0 Instead, it is of obscure financial data that may be signaling bad time ahead \u2013 and pointing to a cause.\u00a0 Call it the canary […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34,1],"tags":[76,94,12,60,64,185],"class_list":["post-1642","post","type-post","status-publish","format-standard","hentry","category-economic-policy-health-care","category-uncategorized","tag-debt","tag-economy","tag-hugh-hewitt","tag-obama","tag-obamacare","tag-unemployment"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/posts\/1642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/comments?post=1642"}],"version-history":[{"count":3,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/posts\/1642\/revisions"}],"predecessor-version":[{"id":1645,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/posts\/1642\/revisions\/1645"}],"wp:attachment":[{"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/media?parent=1642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/categories?post=1642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/tags?post=1642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}