Results 21 to 30 of 82
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11-15-2012, 01:14 PM #21
At the top, CEos can take pay cuts to absorb some of it. On the more base franchise level, however, there is mostly nowhere to cut the profits except the franchisee's bottom line, which is usually not overwhelmingly robust. Read the Denny's article. If your restaurant doesn't net $175K per year, you literally cannot afford to comply with Obamacare and keep the doors open.
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11-15-2012, 01:24 PM #22
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Romneycare was in 2006. Massachusetts rates have risen the most in the US since it wan encated. Let's not forget that 91% of people here were insured BEFORE it started. It was supposed to cut ER visits but they have gone throug the roof.
And in my case it is 100% because of Obamacare. 1 presciption almost 10X more.
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11-15-2012, 01:25 PM #23
Right blame President Obama instead of poor business decisions from upper management of the employer. Back from 2005-2008 when GWB was in office I worked for a company that did everything in their power to work the hell out of us but refused to pay us what we are worth. Should I blame Bush for that?
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11-15-2012, 01:31 PM #24
mrv, i feel like i am taking crazy pills. Poor business decisions? Are you kidding me? What in the heck does GWB have to do with anything? I am seriously starting to question your ability to form logical conclusions. Is there a part of the math I posted above that you do not understand? i would be happy to explain it to you again.
If my restaurant nets $150,000 per year and I employ 50 people, Obamacare says to either (a) buy them all insurance (costing me $175K-$350K depending on the cost of the plan), or (b) pay the government $40,000. Faced with this decision, I can take my business that puts $150,000 in my pocket at the end of the year and (a) close it down, because the cost of the insurance will eat all of my profits, or (b) pay the government $40,000, or (c) fire enough people/cut hours to get my number of employees who work 30 or more hours a week under 50.
Faced with one of these three decisions, what should I do? Which choice is a "poor business decision"?
The only reason I have to face this choice is because of Obama.Last edited by AUTaxMan; 11-15-2012 at 01:38 PM.
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11-15-2012, 01:32 PM #25
Church!!!
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11-15-2012, 01:47 PM #26
That makes absolutely no sense. GWB didn't force through legislation madnating that your employers work you longer hours and pay you less.
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11-15-2012, 01:56 PM #27
I don't really want to get into all that, but please recognize that this is not ALL Denny's. This is one group of the franchises owned by one man.
We will not do any good boycotting all Denny's....that's like saying all card collector's are pack searchers. We need people to stimulate the ecomony by eating out now and then, NOT boycotting all Dennys when not all of them are adding 5% surcharges......be smart with your boycotting, it could have unintended consequesnces.
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11-15-2012, 02:00 PM #28
Is anyone but veg, who is boycotting restaurants (did TIM make good on the bet?) going to boycott? I'm not.
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11-15-2012, 02:14 PM #29
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11-15-2012, 02:23 PM #30
I meant just Denny's. I've worked in enough kitchens to know you can see a gross kitchen without actually seeing the kitchen, so I'm not super worried about grossness. As for the price margins, which are ridiculous, I actually find it's easier to spend the money knowing that. I also know that those margins are possible without using sub par food through buying bulk and more represent what people are willing to pay and what exactly they're paying for. If theres a ton of crap on the walls surrounding big screens, guess what you're paying for. The places withower prices don't always use inferior product, but they always have less ambience. If you want to pay for ambience, which can be very important to situations, like a date or business lunch for example, then do it. Once you realize your money pays for the look sound and feel of the place, it's easier to pick a place to eat.
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