Free Website Directory Politics Alabama: ObamaCare To Make HAMBURGERS Scarce?

Tuesday, May 18, 2010

ObamaCare To Make HAMBURGERS Scarce?

As far as I can tell, this isn't a joke. Apparently one of the future effects of ObamaCare is to make it harder to find hamburgers.

According to an Executive over at White Castle Corp, ObamaCare will have the effect of cutting their income in half.
http://www.weeklystandard.com/blogs/white-castle-exec-obamacare-provision-would-cut-our-income-half

White Castle reports that a single provision of Obamacare would cut its net income in half -- and then some. Jamie Richardson, a White Castle executive, says, "We’ve been working on this internally from a number of different perspectives. One [provision] that has [us] the most concerned is the $3,000 penalty that kicks in when an employee’s portion of a premium exceeds 9.5% of Household Income." Richardson elaborates, "In present form, this provision alone would lead to approximate increased costs equal to over 55% of what we earn annually in net income (based on [our] past 4-year average). Effectively cutting our net income in half would have [a] devastating impact on the business -- cutting future expansion and more job creation at least in half. Sadly, it makes it difficult to justify growing where jobs are needed most -- in lower income areas." And that's all from just a single provision in a 2,700-page act.

Isn't that just lovely?


What are we to believe? Are we to believe that PresBo and his Congressional Cronies are too stupid to understand their own legislation and the HIGHLY detrimental effect it will have on this nation? Or are we to believe that they understand it perfectly and therefore WANT this nation to collapse?

If stupid and evil are our only choices, I'm sincerely hoping they're just monumentally STUPID! Because the stupid can learn and do better... evil will seek to destroy.

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