The Dire Consequences of Obamacare Illustrated

[Jory]

lotta butthurt in the comments as well. This was a gem:

we are laying off at my company (next month in Nevada) in preparation for Obamacare requirements which are driving our medical costs up 18% ... so 130 people will be walking. We are focusing on laying off liberals just to make a statement... most of our employees are line workers and those are the ones getting hit. Btw, we checked with the corporate lawyer-- no law against targeting people based on their political affiliation.

[ralphc1]

Originally Posted by feedmelies

I never understood this angle.

Rich people are rich precisely because they make these kinds of decisions. They know when to spend money and when not to spend money. If they ate costs left and right they wouldn't be rich anymore.

The guy started as a delivery driver and became a millionaire. He's a perfect example of what liberals complain is impossible. I think it's funny that when Joe Schmo gets rich, liberals no longer consider him a victim and instead label him a predator.

14 cents more would likely bring the ingredient costs to almost 2 dollars. He will just pass that cost on to his customers or further cheapen his ingredients. Cutting employees hours won't save him money because he won't be able to satisfy his customers. Papa Johns got to be popular by making better pizza but they've been cheapening up the pizzas to make that money. Incidentally, he made his money selling stock in the restaurant chain which was probably overvalued at the time.

[ralphc1]

Originally Posted by feedmelies

My suspicion as well. He basically agreed with the supreme court ruling and he doesn't exactly have a background of consistency.

But people believed him when he said he'd repeal Obamacare. If employing people is going to cost businesses more money, it doesn't take a genius to understand that businesses will be less able to employ people.

Sort of like the whole "insurance companies should be forced to pay for contraception" argument. Insurance companies have to pass on the extra costs to consumers, less they fail to remain profitable. And since businesses are already forced to provide insurance, businesses have to incur that cost. The net result is that females are more expensive to employ than men. Guess who businesses are less likely to hire now?

Nothing is free.

Women cost them less because they pay women less. Most businesses pass increased insurance costs on to their employees. Many companies self-insure so they don't provide profits to insurance companies which saves them lots of money. Other companies only use a major medical insurance and self insure to a high deductible and charge their employees for the total cost.

[PainIsLIfe]

Originally Posted by COTUR1@43

http://lasvegas.cbslocal.com/2012/11...-22-employees/

“I explained to them a month ago that if Obama gets in office that the regulations for Obamacare are gonna hurt our business, and I’m gonna have to make provisions to make sure I have enough money to cover the payroll taxes, the additional health care I’m gonna have to do, and I explained that to them and I said you do what you feel like in your heart you need to do, but I’m just letting you know as a warning this is things I have to think of as a business owner.

“Well unfortunately, and most of my employees are Hispanic — I’m not gonna go into what kind of company I have, but I have mostly Hispanic employees — well unfortunately we know what happened and I can’t wait around anymore, I have to be proactive. I had to lay off 22 people today to make sure that my business is gonna thrive and I’m gonna be around for years to come.

I can see the comment about health care, but unless I missed an email payroll taxes aren't going up for employers.

[feedmelies]

Originally Posted by ralphc1

14 cents more would likely bring the ingredient costs to almost 2 dollars. He will just pass that cost on to his customers or further cheapen his ingredients. Cutting employees hours won't save him money because he won't be able to satisfy his customers. Papa Johns got to be popular by making better pizza but they've been cheapening up the pizzas to make that money. Incidentally, he made his money selling stock in the restaurant chain which was probably overvalued at the time.

It says "maybe" cut hours.

Anyway, there will be less customers to satisfy when the product costs more. Papa John's operates in an extremely competitive market. I don't even eat there because I have better options (I feel that I'm getting more for my money elsewhere). I'm even less likely to eat there now if the pizza gets more expensive.

Originally Posted by ralphc1

Women cost them less because they pay women less. Most businesses pass increased insurance costs on to their employees. Many companies self-insure so they don't provide profits to insurance companies which saves them lots of money. Other companies only use a major medical insurance and self insure to a high deductible and charge their employees for the total cost.

It's a myth that women get paid less than men.

[Orion]

Originally Posted by Krallang

Don't tell me you guys actually think Obamacare is going to have a helpful impact on the economy lol.

After 23 new taxes kick in next year, then even more in 2014 we'll see who's singing a different tune.

Obamacare is so full of cronyism it's ridiculous. Those Chicago hospital conglomerates who wrote the bill and have supported the Obama's since his state senate run must be awfully pleased.

Prepare to be kicked in the nuts middleclass.

Fucking this.

People caught in the healthcare system on Medicare are going to be in for a rude awakening as well when doctors start turning away patients and not accepting their insurance anymore. It's already begun in some doctors offices here locally. It's a disaster.

[Amerikuracana]

Originally Posted by Jory

lotta butthurt in the comments as well. This was a gem:

The political affiliation law needs to start yesterday.

[PainIsLIfe]

Originally Posted by Jory

lotta butthurt in the comments as well. This was a gem:

My insurance still went up 16% as well. Odd thing is that the only change 'obamacare' affected with my insurance was that our kids could stay on the insurance 2 years longer while not in college than before the law so I highly doubt that the dreaded obamacare is the reason for the increase.

[GermanBJJ]

Originally Posted by feedmelies

It says "maybe" cut hours.

Anyway, there will be less customers to satisfy when the product costs more. Papa John's operates in an extremely competitive market. I don't even eat there because I have better options (I feel that I'm getting more for my money elsewhere). I'm even less likely to eat there now if the pizza gets more expensive.

You know it's funny. Before there was any substantive health-care reform, insurance premiums rose, on average, almost 9% (8.7%) per year for the last 10 years. That means, doing some quick mental math, that insurance premiums almost doubled in the last 10 years.

Yet, we didn't hear anything over those last 10 years about layoffs from pizza chains. Then a well-known conservative CEO spouts off about Obamacare and layoffs and you eat it up.

P.S. - If these changes affect Papa John's, they'll affect ALL pizza chains. Therefore, on net, there is no competitive disadvantage for Papa John's versus other pizza chains. And it most likely affects all restaurants, so you're not going to be able to eat somewhere else to avoid the cost increase, which you claim will come, but haven't come over the past 10 years when premiums have doubled.

P.P.S - If the pizza industry is "highly competitive" as you claim, then they can't pass price increases on to consumers very efficiently. Highly competitive industries are price-takers not price-makers.

My prediction? Pizza stays about the same price over the next 5 years, there will be no mass layoffs due to Obamacare and you'll still be spouting the same silly, completely wrong (and proven so over and over) opinion on this forum.

And this little blue marble will keep on spinning.

[Tekk]

How does 14 cents equal 2 dollars? Does this mean that a 10 dollar pizza actually costs 70 cents.