More Businesses Bite ObamaCare Bullet

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by AquaAthena, Nov 16, 2012.

  1. AquaAthena
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    AquaAthena INTJ/ INFJ

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    Olive Garden, Longhorn Steakhouse and Red Lobster restaurants join in by cutting employee work hours due to ObamaCare

    Excerpted, column by Howard Rich, Investor's Business Daily, "ObamaCare Mandate To Cut Worker Hours, Leaving The Poor Worse Off":

    Having secured another four years in the White House, Obama can now block any effort to overturn his socialized medicine law — although states can (thankfully) still stop much of its new spending if they reject ObamaCare's "exchanges" and refuse its Medicaid enrollment expansions. For the sake of our future deficits, let's hope they do so en masse.

    One provision of ObamaCare that can no longer be stopped, however, is its "employer mandate." While nowhere near as infamous as the "individual mandate" compelling citizen participation in the health insurance market, ObamaCare's requirement that companies provide coverage to all employees working more than 30 hours a week will be a job killer nonetheless.

    Not only will this mandate prevent job growth among small----[more]

    Libertarian Republican
     
  2. TheOldSchool
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    TheOldSchool Diamond Member

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    In my field of work this is called an 'extinction burst.' People overreact to something, then time passes and they realize that everything is fine. That is how society has reacted for the last several thousand years.
     
  3. syrenn
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    syrenn BANNED

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    From experience of the restaurant industry...its called keeping costs in line.
     
  4. AquaAthena
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    AquaAthena INTJ/ INFJ

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    Yes, you and I know that one well.....:eusa_clap:
     
  5. syrenn
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    Yes, we sure do. Unless you are in the industry its hard to explain how razor thin margins are.

     
  6. TheOldSchool
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    TheOldSchool Diamond Member

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    I think over the long run they'll be ok. I also hope that.
     
  7. syrenn
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    syrenn BANNED

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    I hope so too....


    but until then.... i hope they enjoy what they voted for.
     
  8. AquaAthena
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    AquaAthena INTJ/ INFJ

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    With all due respect sir, you are not thinking good.....:eusa_shifty:
     
  9. TheOldSchool
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    TheOldSchool Diamond Member

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    Well! I am not thinking well! But I usually think well and that's how I know that in a few years there will still be restaurants, and an America, and business, and all of those other things that Obama is supposed to destroy.
     
  10. GWV5903
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    GWV5903 Gold Member

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    How sweet it is, can the restaurant industry cripple Oblamercare???
     

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