Skip to main content
Update
Non-financial boards have been closed.

Non-financial boards have been closed but will continue to be accessible in read-only form. If you're disappointed, we understand. Thank you for being an active participant in this community. We have more community features in development that we look forward to sharing soon.

Fool.com | The Motley Fool Community
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
http://washingtonexaminer.com/article/2511002#.UH9TzL8vUEQ.t...

Add Applebee's and Jimmy John's to the growing list of small companies and franchisers warning that Obamacare will kill profits and force local stores to raise prices or slash employees and their hours.

Like a lot of small businesses, he said that the firm is considering cutting hours of workers to 28 to get under the Obamacare cap that requires companies to either fully fund health care or pay a $2,000 fine.

"We have to do that. There's no other way we can survive it, because we think it will cost us 50 cents a sandwich. That's just the actual cost," he told Fox. "If you have 40 or 50 employees at a restaurant, and the penalty is $2,000, and you're going to pay $80,000 or $100,000 penalty, there goes the profit in your restaurant," he added.
--------------------------------------------------------
I would've been here sooner but i had to make the sandwich and mop the floor before i delivered it on account of Obamacare forcing us to slash employees.

"Why's there a sock in my sandwich"!

"Oh sorry, i guess i got confused".
Print the post Back To Top
No. of Recommendations: 0
Hey, let me tell you about slow delivery, mail deliver is getting later and later here........Monday night, she came at 815 pm!
Print the post Back To Top