November 15, 2012
Healthcare Slam
If you thought it was only the food at Denny's that gave you heartburn, here comes another tale of woe caused by the "Affordable" Health Care Act:
Florida based restaurant boss John Metz, who runs approximately 40 Denny's and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers' bills and will reduce his employees' hours.
With Obamacare due to be fully implemented in January 2014, Metz has justified his move by claiming it is 'the only alternative. I've got to pass on the cost to the customer.'
Denny's certainly isn't the first restaurant chain to take such steps -- Darden Restaurants and Papa John's have also announced that they'll be cutting employee hours so they can keep their heads above water. And you'll probably see a lot of other low-margin businesses doing the same before Obamacare is fully implemented in January of 2014.
Now you see now how laws like this hit low-income workers the hardest. Like minimum wage laws, on the surface Obamacare seems compassionate; but in reality, it makes it that much harder for employers to meet payrolls without going bankrupt. The result? Higher unemployment and a big reduction in the number of entry-level jobs.
But Obama really cares, and that's what counts -- right?
Hatched by Korso on this day, November 15, 2012, at the time of 12:18 PM
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