Category Archive: Finance

Obamacare’s effect on low-wage workers

Obamacare’s effect on low-wage workers

Before Obamacare, American healthcare was out of reach for most low-income citizens. Obama implemented a new system in which government sponsored healthcare could cost anywhere from 5%-10% of a person’s total income. The average American restaurant workers’ salary comes in at a mere $21,000. Even 10% of this, $2,100, could be too much for a […]