The International Franchise Association held a convention in Washington this week where most of the Radio Shack, Dunkin Donuts, Curves and other franchisers were grumbling about new federal regulations, especially the impact of Obamacare.
Most, said Atlanta Taco Bell and Kentucky Fried Chicken franchiser David Barr, presumed that the reports about how hard Obamacare will hit them were overblown. "They had their head in the sand," he told Secrets.
That is until he pulled out his powerpoint showing how funding Obamacare will cut his--and likely their--profits in half overnight. With simple math the small business folks understood, he spelled out that their only choice is to slash employee hours so they aren't eligible for company-paid health care or stop offering insurance and pay the $2,000 per employee fine.
Post by PrisonerOfHope on Sept 14, 2012 22:00:15 GMT -5
Greedy companies have been slashing employees' hours for the last couple of years so they don't have to pay for any benefits.
I'll say it again: Those so-and-sos are going to have piles and piles of cash, silver, and gold around them in hell....and not so much as a single aspirin or drop of water to be bought with it.
I've reached a point where I can't feel any compassion for them - they've made their bed, they can lay in it.
I'll say it again: Those so-and-sos are going to have piles and piles of cash, silver, and gold around them in hell....and not so much as a single aspirin or drop of water to be bought with it.
Reminds me of the parable of the rich man and Lazarus.
Philippians 3:20-21 “But our citizenship is in heaven, and from it we await a Savior, the Lord Jesus Christ, who will transform our lowly body to be like his glorious body, by the power that enables him even to subject all things to himself.”