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November 10, 2012
Good for Applebee’s! Applebee's Franchisee Says He Won’t Hire Any More Because Of Obamacare
We won’t build more’
(via Huffingtonpost)
An Applebee’s New York area franchisee is the latest CEO to go public threatening drastic plans to avoid costs associated with the Affordable Care Act, otherwise known as Obamacare.
“We’ve calculated it will [cost] some millions of dollars across our system. So what does that say — that says we won’t build more restaurants. We won’t hire more people,” Zane Tankel, chairman and CEO of Apple-Metro, told Fox Business Network on Thursday.
Apple-Metro, which runs 40 Applebee’s restaurants, employs from 80 to 300 people at each of its locations. Obamacare mandates that businesses with more than 50 workers must offer an approved insurance plan or pay a penalty of $2,000 for each full-time worker over 30 workers.
Wild Thing's comment...........
The voters will learn the hard way what their vote has cost. They will try to blame republicans but ifi the business owners make it clear it is due to Obamacare it will start to sink in with many how bad it is. I hope so anyway.
Posted by Wild Thing at November 10, 2012 04:43 AM
