Obamacare to cause massive job losses across food service industry

It’s been labeled as one of the primary reasons why job growth in the U.S. continues to lag, but apparently no one at the White House is listening.

Obamacare is set to claim another casualty – the food service industry, one that is known for its low-paying positions and tight profit margins.

Granted, franchisers of all stripes were grumbling about the negative financial effects forced upon them by the massive Obamacare law, with its plethora of rules and regulations. Most attendees to the recent International Franchise Association in Washington, D.C., were complaining about all new federal regulations, but they emphasized Obamacare primarily, the Washington Examiner reported.

Initially, said David Barr, an Atlanta-area Taco Bell and Kentucky Fried Chicken franchiser told the paper, most business owners believed the early reports saying Obamacare would impact them hard were overblown. “They had their head in the sand,” Barr said.

Costs to double, profits to be cut in half

But then he pulled out his PowerPoint presentation that showed how funding Obamacare will cut his, and those of his fellow small business owners,’ 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,” the paper reported.

Stop right here. You need to understand that this is coming from the mouth of a man, a real business owner, who actually has to make payrolls every two weeks, not some partisan hack trying to score political points. He’s telling you that the impact of Obamacare is not only real but that it’s getting ready to make an already bad employment situation even worse. That’s important to note, given the administration’s continued insistence that the law is not going to hurt employment or small businesses.

Okay, let’s continue.

The paper said Barr has 23 stores with a total of 412 employees. Of that number, about a quarter of them – 109 – are full-time, and of those, he provides 30 of them with health insurance.

Barr said he pays 81 percent of the Blue Cross-Blue Shield policy for those employees, or $4,073 of the $5,028 in annual premium costs for individuals (more for those with a family plan). That adds up to about $129,000 a year; employees, by comparison, pay $995 a year.

Enter Obamacare.

Under the law, Barr is forced to provide health insurance for all 109 full-time employees, at a cost of $444,000 – or two and a half times more than his current costs. That’s an increase of a whopping $315,000, or just more than half his annual profit, after expenses, or about 1.5 percent of sales (before you criticize, ask yourself if you’d be willing to cut your take-home pay in half).

Needless to say, Barr says he’s “not paying $444,000.”

Higher costs to businesses will mean fewer jobs, period

So, failing to provide health insurance for his 109 full-time employees will result in a penalty under the wonderful provisions of Obamacare. But the federal fine will amount to about $158,000, or $29,000 more than Barr is currently spending but which is the lowest possible cost to his business under the Obamacare provisions.

So he now sees that figure as his cap; he’ll either cut worker hours (which will raise the under-employed figures and further dampen consumer spending and growth) or replace them altogether with machines (which will worsen the unemployment rate) in order to get his costs down. A third option is to dump his workers on the public health exchange and pay the fine.

“Every business has a way to eliminate jobs,” he said, “but that’s not good for them or me.”

There’s more. Barr says in his experience, most low-wage workers he would have to cover under Obamacare won’t take it because their share at $995 is too high. That means those that the law was set up to help likely won’t see any benefit at all, he says.

Learn more: http://www.naturalnews.com/037235_Obamacare_food_industry_unemployment.html#ixzz26rO4x8Cf

One response to “Obamacare to cause massive job losses across food service industry

  1. JACOB ROTHSCHILD, BENJAMIN DE ROTHSCHILD, ARIANE DE ROTHSCHILD AND EVELYN DE ROTHSCHILD, HIDDEN BEHIND TRAITOR obama, ARE KILLING THE AMERICAN PEOPLE

    ” FACTSHEET: Obamacare Will Kill You · How Obama Got The Mustache
    October 24, 2013 • 10:58AM

    The United States was suffering from a crisis in health care when President Barack Obama came into office. As a result of the deindustrialization of the U.S. economy, the privatization of health care into profit-making ventures, and deregulation, both the health care system and the health of the American population was rapidly deteriorating.
    Obama’s health care program, however, has made the situation much worse. If allowed to continue, it will turn the U.S. government into the enforcer of a worse-than-Hitler genocide machine.
    Download PDF
    http://larouchepac.com/node/28638

    IN THE ABOVE PDF ( Download PDF ) WE CAN NOTE VARIOUS PERSONS AND COMPANIES INVOLVED IN THE HEALTH CARE “REFORM”:

    1) ” TONY BLAIR T4 HEALTH CARE. In Britain, on April 1, 1999, the first initiative was taken by the Tony Blair government (1997-2007) in the name of health care “reform,” to institute an updated version of the Hitler T4 program: the National Institute for Health and Clinical Excellence (NICE) was formed, to dictate what treatments would, and would not, be given to designated groups of patients in the British National Health Services (NHS), which had served the nation since the 1940s.
    Blair’s health adviser to set up NICE, Simon Stevens, then moved to takedown the NHS system, by privatizing key functions, in particular through the private insurer UnitedHealth Group UK, which Stevens joined.
    The record shows how the death rate has climbed for whole classes of Britons, especially the elderly and cancer patients, as a result of both NICE barring treatments, and the NHS being dismantled. For example, as of 10 years after NICE went into effect, only 40 to 48% of British men diagnosed with cancer survived, and 48 to 54% of British women; in stark contrast to Sweden, for example, where 60% of men and 61% of women survived after a cancer diagnosis.
    A particular program to speed up death was put into effect called the Liverpool Care Pathway for the Dying Patient (LCP). According to extensive exposes in the British press, over the 2000s, participating NHS hospitals were offered financial inducements to put patients deemed as at the end-of-life, on the LPC list, under which all treatment is discontinued, and even water and hygiene removed. The LCP started originally for cancer patients in Liverpool in the 1990s, with royal patronage; by 2012, it involved 178 NHS hospitals throughout Britain, and involved patients with any illness. On average, 130,000 persons a year were put under LCP, under the claim of saving medical resources, which as of 2012, had rewarded hospitals with at least $40 millions. An estimated 60,000 on LPC died yearly, without having given their consent to discontinue care. After storms of protest, the U.K. government in July 2013, ordered the LCP to be phased out over the next 12 months. ” http://larouchepac.com/files/20131022-obamacare-health-factsheet_0.pdf

    THE FAMILY OF TONY BLAIR HAS FRIENDSHIPS WITH THE FAMILY OF JACOB ROTHSCHILD. https://en.wikipedia.org/wiki/Jacob_Rothschild,_4th_Baron_Rothschild
    http://www.telegraph.co.uk/news/celebritynews/6672904/Roman-Polanski-will-be-too-late-to-complete-his-film.html
    “Tony Blair. Illegitimate Son Of Jacob Rothschild….Evidence”
    http://the-tap.blogspot.com/2012/06/can-you-spot-it.html
    TONY BLAIR IS ALSO A FRIEND OF EVELYN DE ROTHSCHILD AND OF HIS WIFE . https://en.wikipedia.org/wiki/Evelyn_Robert_de_Rothschild
    http://www.dailymail.co.uk/news/article-1138789/Now-Tony-Blairs-finally-got-private-jet-hes-wanted-rented.html
    http://www.rawstory.com/rs/2012/05/28/heckler-brands-tony-blair-a-war-criminal-over-jpmorgan-payments/
    http://landdestroyer.blogspot.de/2012/05/protester-calls-tony-blair-war-criminal.html http://www.thisismoney.co.uk/money/celebritymoney/article-2167655/Former-PM-Tony-Blair-alleged-earned-80million-2007.html
    http://www.thisismoney.co.uk/news/article-2167038/Tony-Blair-earned-20m-just-year-advising-business-bosses-foreign-governments.html

    2) ” Sir Donald M. Berwick, knighted by Queen Elizabeth, for his work on NICE and “reforming” the British National Health Service, to cut out excessive lives, was given a recess appointment by Obama on July 7, 2010, to be Administrator of the Centers for Medicare and Medicaid Services (CMS). As such, he was responsible for initiating T4 policies in programs affecting 49 million older Americans in Medicare, and 48 million poor, disabled and dependent, in Medicaid. He stayed in office as long as his recess-appointment tenure would allow, leaving in December 2011, to avoid the scrutiny that would ensue in the Senate from a proper nomination to CMS head.
    While in office, he moved to strike certain cancer drugs from approved Medicare reimbursement; to set up ways to financial penalize hospitals for “over-treating” patients; and limit physicians by financial penalties and pushing top-down “evidence-based” medical practice dictates. He was followed in office by Marilyn Tavenner, a technocrat for Obamacare, with a pedigree as top executive at HCA, the mega for-profit hospital chain, benefitting from the takedown of the traditional community hospital system. ” http://larouchepac.com/files/20131022-obamacare-health-factsheet_0.pdf

    SIR DONALD M. BERWICK IS AN AGENT OF THE BRITISH ROYAL FAMILY.
    THE BRITISH ROYAL FAMILY IS CONNECTED WITH JACOB ROTHSCHILD, BENJAMIN DE ROTHSCHILD, ARIANE DE ROTHSCHILD AND EVELYN DE ROTHSCHILD.
    ” Lord Jacob Rothschild, the behind-the-scenes controller of the Inter-Alpha Group, was a partner at Rothschild at the time he set up the Inter-Alpha Group in 1971, using its resources and then leaving in 1980 to continue his special mission, which includes advising the genocidal British Crown and managing the funds of Prince Charles’ Duchy of Cornwall, to finance his kooky, “green” schemes.”
    http://unitednationsoffilm.com/?p=1728
    ” Prince Charles already played polo with Evelyn de Rothschild in his student years and later set up the Interfaith consultations with him. ”
    http://www.gnosticliberationfront.com/people_with_the_endless_bios.htm
    Evelyn de Rothschild ” In 1989, he was knighted by Queen Elizabeth II,[2] for whom he serves as a financial adviser. ” https://en.wikipedia.org/wiki/Evelyn_Robert_de_Rothschild
    But the Royal Bank of Scotland, that is a bank controlled by the British Royal Family, is also connected with the Edmond De Rothschild.
    http://www.mirror.co.uk/news/uk-news/prince-charles-dumps-rbs-boss-372885 http://www.linkedin.com/pub/laura-scolan/a/ba1/7b7 http://www.linkedin.com/pub/mark-phillips/4/5b9/772
    THE EDMOND DE ROTHSCHILD IS OWNED BY BENJAMIN DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Benjamin_de_Rothschild ) AND BY HIS WIFE ARIANE DE ROTHSCHILD
    ( https://en.wikipedia.org/wiki/Ariane_de_Rothschild ) http://www.lejdd.fr/Economie/Images/Les-plus-grosses-fortunes-de-France/Benjamin-de-Rothschild-206941
    THE SAME obama IS A PUPPET OF THE BRITISH ROYAL FAMILY. http://www.bbc.co.uk/news/uk-13489879
    http://www.dailymail.co.uk/news/article-2225080/District-nurse-90-year-old-father-Liverpool-Care-Pathway-home–consulting-family.html
    http://www.dailymail.co.uk/news/article-2238916/Ministers-order-inquiry-care-pathway-payments-saw-hospitals-receive-millions-implement-controversial-system.html
    http://www.dailymail.co.uk/news/article-2240075/Now-sick-babies-death-pathway-Doctors-haunting-testimony-reveals-children-end-life-plan.html
    http://www.telegraph.co.uk/health/healthnews/9716418/Half-of-those-on-Liverpool-Care-Pathway-never-told.html

    3) ” It is no surprise that the winners in the Obamacare game are from Wall Street’s big insurers. This is inherent in the fascist (corporatist) nature of the plan, which unites the health insurance cartels with the government, in a drive to cut back health care for the “useless eaters” in the population.
    Robert Lenzner of Forbes reported Oct. 1 that the “value of the S&P health insurance index gained 43%” this year alone. CIGNA is up 63%; Wellpoint 47%; and United Healthcare 28%. Since the passage of Obamacare in 2010, the stock values of these big firms have risen 200-300%!
    United Healthcare, the largest insurer, with about 70 million insured, reported last summer that they had a particularly strong past year, with net income of $5.1 billion, up by 11% from the previous year; similarly for the others — even before the bonanza to result from the corporatist plan to force every American to buy their inflated products, beginning on October 1.
    United Healthcare, it should be recalled, has as a top executive Simon Stevens, who was Tony Blair’s health policy advisor and the architect of NICE (National Institute for Health and Clinical Excellence) in 1999, the “reform” of the British National Health Service which imposed triage and genocide on the British people through selective denial of cancer drugs, surgeries, kidney dialysis, and other treatments. This was the model for the IPAB (Independent Payment Advisory Board), which is now the law of the land under Obamacare. Genocide can be profitable. ” http://larouchepac.com/node/28409
    ( Obamacare Genocide in Action: What is Already Underway http://larouchepac.com/node/28608 )

    “UnitedHealth Group Incorporated is a diversified managed health care company headquartered in Minnetonka, Minnesota, U.S. It is No. 17 on Fortune magazines top 500 companies in the United States.[5] UnitedHealth Group offers a spectrum of products and services through two operating businesses: UnitedHealthcare and Optum. Through its family of subsidiaries and divisions, UnitedHealth Group serves approximately 70 million individuals nationwide. ” https://en.wikipedia.org/wiki/UnitedHealth_Group
    THE BIGGEST SHAREHOLDER OF UNITEDHEALTH GROUP IS FIDELITY (FMR, LLC). http://finance.yahoo.com/q/mh?s=UNH
    FIDELITY IS CONNECTED WITH BOOZ ALLEN & HAMILTON.
    ” Abigail Pierrepont (Abby) Johnson[4] (born December 19, 1961) is an American businesswoman. Johnson is President of Fidelity Investments Personal and Workplace Investing. Fidelity was founded by her grandfather Edward C. Johnson II and her father Edward C. (Ned) Johnson III is its current CEO. As of March 2013 The Johnson family owns a 49% stake in the company.[3]
    She had a brief stint as a consultant at Booz Allen & Hamilton from 1985–86, completed an MBA at Harvard, and joined Fidelity Investments ”
    https://en.wikipedia.org/wiki/Abigail_Johnson
    Arthur Johnson, an Independent Trustee of Fidelity, is also a director of Booz Allen & Hamilton. http://www.boozallen.com/media-center/press-releases/48399320/49502902
    BOOZ ALLEN & HAMILTON IS LINKED WITH CARLYLE, BLACKSTONE, DEUTSCHE BANK AND AL QAEDA . http://transmissionsmedia.com/the-911-illusion-part-ii-deutsche-bank-blackstone/
    http://www.larouchepub.com/lar/2000/terror_memo_2703.html http://larouchepac.com/node/28630
    “In 2008 Carlyle Group bought a majority stake in Booz Allen for $2.54 billion.”
    ” Carlyle is the 11th largest defense contractor in the US. It is 20%-owned by Mellon Bank (http://www.dkosopedia.com/wiki/Mellon_family) and is controlled by the powerful Blackstone Group (seeOverthrow of the American Republic), which dined cheaply on the carcasses of looted S&L’s at auctions held by Bush Sr.’s Resolution Trust Corporation. ”
    http://www.almartinraw.com/uri1.html http://transmissionsmedia.com/the-911-illusion-part-ii-deutsche-bank-blackstone/
    ” Henry Kissinger’s good friend Lord JACOB ROTHSCHILD sat on Bioport owner Blackstone’s International Advisory Board. (See Corexit Linked to the Blackstone Group and Lord Jacob Rothschild) ”
    http://transmissionsmedia.com/the-911-illusion-part-ii-deutsche-bank-blackstone/ http://beforeitsnews.com/gulf-oil-spill/2010/06/corexit-linked-to-the-blackstone-group-and-lord-jacob-rothschild-76363.html
    ” Blackstone was founded in 1985 as a mergers and acquisitions boutique by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers, Kuhn, Loeb Inc. ”
    https://en.wikipedia.org/wiki/Blackstone_Group
    Peter G. Peterson ” is founding Chairman of the Peterson Institute for International Economics ” https://en.wikipedia.org/wiki/Peter_George_Peterson http://larouchepac.com/node/28610
    Lynn Forester de Rothschild, the wife of EVELYN DE ROTHSCHILD, is a director of the Peterson Institute for International Economics. http://www.petersoninstitute.org/institute/board.cfm
    Blackstone is also related with the LCF EDMOND DE ROTHSCHILD, for example, through the person of Daniel Costa Lindo that is a M&A Analyst at Blackstone and was Private Equity Analyst at LCF Edmond de Rothschild. http://www.linkedin.com/pub/daniel-costa-lindo/32/255/543 https://en.wikipedia.org/wiki/Benjamin_de_Rothschild https://en.wikipedia.org/wiki/Ariane_de_Rothschild
    FIDELITY (FMR, LLC) IS ALSO A SHAREHOLDER OF THE HEALTH INSURANCE COMPANIES CIGNA AND WELLPOINT THAT HAVE PROFITS FROM THE HEALTH CARE “REFORM” OF obama.
    http://finance.yahoo.com/q/mh?s=CI http://finance.yahoo.com/q/mh?s=WLP

    ” Pennsylvania Doctor Releases Statement Against “Murderous Obamacare”
    October 24, 2013 • 11:57AM

    Statement released by Mark Shelley, M.D., D.A.B.F.P. 1 Willow St., Port Allegany PA
    For more information: (267)218-5655 stevekomm@gmail.com

    DOCTORS AGAINST MURDEROUS OBAMACARE

    As a physician and an American, I feel compelled at this time of peril, to address the changes that I see in the process of the actual delivery of health care to the American people.
    From my perspective as a general practitioner of medicine, and from my concern as a citizen for my fellow man, I must speak out to explain the dangers that I see in the implementation of American health care today, as exemplified by Obamacare.
    What I see being done today is chillingly consistent with the findings and warnings of Dr. Leo Alexander, the chief consultant to the U.S. prosecutors at the Nuremberg War crimes Tribunal after World War II. In his famous article entitled, “Medical Science Under Dictatorship,” that was published in the New England Journal of Medicine on July 14, 1949, Dr. Alexander made clear what happens to medicine when it, “becomes subordinated to the guiding philosophy of a dictatorship.”

    That dictatorship today is money.

    Medicine and economics are joined at the hip. But, in real economics, economic considerations, and monetary considerations are not identical. The problem today, is that monetary considerations take priority over all else. The fact that health care is considered synonymous with acquisition of health insurance today, is indicative of this monetary/health care problem.
    Nor is this a government versus private sector problem. Nor is it a Republican versus Democratic Party question. We just suffered a 16-day government shutdown, that almost precipitated financial Armegeddon, courtesy of President Obama, and the Democratic and Republican Party leadership.
    At the same time, USA Today of Oct. 22 reported that the top ten CEOs of the United States made $5.7 billion last year, even as we are at the verge of a financial blow-out, that will dwarf the one of 2008-2009. This is financial madness.
    Are we to dismantle our health care system, based upon the recommendations of these mismanagers and people whose programs for theft would make Jesse James blush?
    To remedy this crisis, we must undertake three important initiatives:

    1. SEPARATE THE PURPOSE AND PRINCIPLE OF MEDICINE FROM A DISEASED ECONOMIC SYSTEM. Restore the essence of the Hippocratic Oath as the philosophical center of the medical professions. The practice of medicine is meant to serve the development of people, not Wall Street financial conglomerates, and “population reduction” agendas.

    As Hippocrates said, “It is the duty of the physician, not only to do that which immediately belongs to him, but likewise to secure the cooperation of the sick, of those who are in attendance, and of all the external agents.”

    2. RESTORE THE GLASS-STEAGALL ACT OF 1933. The same Wall Street debt bubble which is crushing the Federal government is crushing the medical profession, as well as the rest of the economy. The only way to liberate ourselves from its destructive effects, is to restore the Glass-Steagall Act of 1933. Its repeal in 1999 opened the door to the growth of the biggest financial bubble in history. We must separate commercial banking from investment banking, and let Wall Street sink under the weight of its own bad investments.

    No more bailouts, or bail-ins, for Wall Street.

    3. IMPEACH PRESIDENT OBAMA. He has repeatedly demonstrated that he is incapable of performing the job for which we hired him. Multiple legal authorities have already assembled articles for impeachment. This man has failed you, and will allow you to die, with his inept and undeniably lethal policies that masquerade as “health care reform.”

    It is time for the American people and their medical community to wake up, before it is too late.
    See Dr. Shelley’s presentation :“The Commoditization of the U.S. Health-care System” at the Schiller Institute “New Paradigm” conference in New York. ” http://larouchepac.com/node/28640

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