In the news this week is the
twitter based outrage over Papa John’s CEO John Schnatter announcing that in
all likelihood franchise owners would be cutting their full time employees
hour’s to part time to deal with mandates of the Affordable Healthcare Act,
(AKA ObamaCare). Following this was an
announcement that Applebee’s was considering a hiring freeze as it worked to
deal with the costs and taxes imposed by ObamaCare.
Of course the immediate
response was to accuse these corporations of sour grapes because Governor
Romney lost the election, and as has become the fashion for progressives
dealing with decisions they don’t like, to organize a boycott to force change.
As the mandates and regulations
stemming from this legislation become fully implemented, and businesses deal
with the increased costs, where does everyone think the final impacts will be
felt? Do we really believe the corporate
boards will all the sudden agree their shareholders don’t need to receive
their dividends? Will the CEO and senior
leadership all the sudden believe they should not be richly compensated? Since, as Ms. Pelosi said, they had to pass
the bill so people would have time to read it after it was signed, your Representatives
and Senators didn’t spend a great deal of time considering this.
As the workforce is downsized and
costs for everything go up the real question is how many of those employees will
then become part of the mandated State Exchanges to be funded directly by the
taxpayer? The unfortunate part -- once
the companies have reason to raise rates they won’t come back down, even if this
provision were to be changed. It would
take some other factor, like competition, to force that change.
So here is the dilemma, how do
you maintain your lifestyle when all the places you like to eat at are on a blacklist?
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