grich903 Wrote:
Nov 16, 2012 1:13 PM
So, after all the expenses, and I'm sure I've left some out, are paid, that is when one of these companies might have a profit. And that is hinged on whether the american people have ANY MONEY left over after their expenses and paying taxes, to go out and eat. So, there isn't a guarantee of profits. There is a hope that they can stay opened and make enough to pay the employees and keep the standards up. Then comes O'bama's Affordable Care bill. Demanding that the companies of 500+ emplyees pay minimum of $2700 a year for each employee in insurance. Unless you've got part timers. So before the first possible profit is gained, they hae to pay the insurance costs and in most cases, pass it on to the employees.