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  • jaquecroissant jaquecroissant Nov 14, 2012 10:12 AM Flag

    Applebee's and Papa John's say will cut jobs

    ilap, I've been following this story. Businesses owners will force employees to go part time so that they don't have to insure them under Obamacare. This will make the governments employment numbers look like they are rising. Reality is that 1 person now needs 2 jobs just to get enough work. Not a good scenario going forward. The unintended(or possibly intended) consequences of Obamacare.

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    • And to the extent small business owners go with part time workers, Obamacare funding will be short of expectations.

      Clearly, the man is clueless as to were job generation has traditionally come from or the effects his tax policies would have on small business entrepreneurs ability to expand their business.

      Obama would rather let Big Corps get all the tax advantages in using offshore havens to reduce tax rates to less than half that paid by small business because that's the way things work in DC and WS.

      why should AAPL, PFE, GOOG etc pay a lower tax rate than any US taxpayer?

      The backers of world's central banks and wealthy elites are calling a lot of these shots and VAT's/consumption taxes are slowly becoming the more dominant sources of income for govt.

      Taxes on food coming soon in the US and the bigger the deficits the govt runs, the higher the eventual taxes will be.

      When will the people learn that it's mostly a spending rather than a revenue problem?

      Wasteful spending---the evidence is clear.

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