I spent most of this weekend traveling back from Rome and Vatican City, which included an 11-hour stay in Amsterdam’s Schiphol Airport. Unfortunately, that meant I was unable to attend the third birthday party of ObamaCare, but at least American Action Network celebrated it … in a manner of speaking. Late Saturday, they released this look back on the backwards birthdays of the so-called Affordable Care Act, which gives surprises to the party’s attendees — unpleasant surprises (via the Weekly Standard):
Erika did a fine job in covering the “sharp increases” in premiums that ObamaCare will produce, making the “Affordable” part of the ACA’s title an exercise in irony. I hadn’t heard about the Five Guys story until now. And here I was, hoping to get a good burger at a good price after dining in Rome for the last sixteen days:
“Any added costs are going to have to be passed on,” said Mike Ruffer, a Five Guys franchise holder with eight of the popular restaurants in the Raleigh-Durham, N.C. area. He will need all the profits from at least one of his eight outlets just to cover his estimated added $60,000-a year in new Obamacare costs.
What’s more, he’s iced plans to build another three restaurants until after the administration explains the exact rules and penalties employers will face. The law’s plan to have those available March 1 has been pushed back to October.
“I’m kind of in a holding pattern,” said Ruffer, a former Marriott executive who added that many franchise owners are in a similar situation.
Ruffer was the star witness at a Monday Heritage Foundation seminar on the impact Obamacare will have on small businesses. He is typical of many: Because he has enough full time employees to activate the law, he faces either coughing up the money to provide health insurance or paying a fine of up to $3,000 per worker.
Under ObamaCare, it’s likely to be Three Guys Working Part Time Burgers.