More Obamacare pain

The other day I had a post about how the most hardcore supporters of government take over of healthcare were going to take it on the chin e hardest, but it is obvious that the tragedy doesn’t end there. While Obamacare & Tax increases threaten to impact those currently employed, especially those part time employed or have big income, it is also a given that Obamacare will
hammer employment in general:

Shortly after Nov. 6, Zane Tankel, who runs 40 Applebee’s restaurants in the New York City area, announced that his company was freezing employment and would not build any new restaurants. President Obama’s re-election, Tankel explained, meant that ObamaCare was likely to be fully implemented, costing his company millions of dollars and significantly raising the cost of hiring a worker.

Tankel’s statement prompted outrage and threats of a boycott, but he was far from alone. Already John Schnatter, CEO of Papa John’s Pizza, has announced that he would likely lay off some workers. Earlier, Schnatter said that ObamaCare would cost his business $5 billion to $8 billion annually, forcing him to increase the price of pizzas.

Meanwhile, two other restaurant chains, Olive Garden and Red Lobster, are moving many of their employees from full- to part-time work in order to avoid the law’s mandate that anyone working more than 30 hours must have insurance. An owner of 40 Denny’s in Florida, meanwhile, says he’ll add a 5% surcharge to customer bills in 2014 to cover his increased costs.

While restaurants, with traditionally low profit margins and large numbers of low-skilled, low-wage workers, are exceptionally vulnerable to ObamaCare’s costs, other business are being hit too. For example, Boston Scientific has announced that it will now lay off up to 1,400 workers and shift some jobs to China.

And there you have it: those least able to afford it will have their hours cut, and likely, even their job, so the horrendous cost of “free healthcare” doesn’t destroy these businesses. I am sure that government will be ready to step in and punish these evil and greedy corporations for daring to defy their edict, but in the end, even this will be nothing but trying to seal a cut throat with a bandaid. Instead of many losing income and some losing work, I am guaranteeing you that government meddling will leave most unemployed.

Don’t be fooled however. The people that straddled us with this economy killing behemoth knew this was going to happen. They see it as a feature. The end goal is to leave healthcare in such disarray and making it so costly, that government will have to take everything over. In short, this is all just the next set of moves in a very old strategy. The plan has always been to slowly break the system down. That will leave no other viable option but the single payer system the greedy leftist politicians that have wanted from the start. The end game has always been about them getting control of the trillions spent on healthcare, but more importantly, the decisions made about who gets what care.

Never let a good crisis go wasted. And yet, they are the party of those that care. Heh.

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    you can bet you ass that the political left, will use these very actions to cite the evil of businessmen. This in turn will be used as a call to enact more laws and regulations…………………………….

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  2. TheContrarian

    “The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence. The art of economics consists in looking not merely at the immediate but the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.”

    ~ Henry Hazlitt

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  3. AlexInCT *

    I wish every damned socioengineering douche would be forced to read and comprehend the quote you posted TheContrarian. Liberalims is all about doing things that feel good now, and never bothering to look at results.

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