Wonderful. Obamacare Increasing the Price of Five Guys.

by Mike on March 12, 2013

in Economy,Politics

It looks like the low information voters who simply equate government action with “good” and take pleasure in the successful paying through the nose are about to learn a lesson about Leviathan government the hard way.  Obamacare may have passed in 2010, but implementation of law was delayed and staggered.  To those who don’t pay attention, the law was just some “protecting health care” legislation they briefly heard about while flipping past a news station to whatever channel airs Honey Boo Boo.

But that’s about to change.  Take Mike Ruffer, a franchisee who owns eight Five Guys restaurants in North Carolina.  Because his separate restaurants count as one entity under the law, he now has enough employees to be subject to Obamacare’s $3,000 fine for every worker without health insurance.  Because the costly regulation now applies to him, he is now going to pass the costs of Obamacare onto his customers by raising the price of tasty burgers and fries.

Of course, many low information voters will just lash out Mr. Ruffer’s “greed”, but others will learn a lesson that government overreach never occurs in a vacuum.  Businesses exist to make money and when the state erects obstacles to that goal, people other than the employer are inevitably affected.  In the case of Obamacare, we’re already seeing costly regulations of full time workers leading to business not expanding, employee hours being reduced, and now higher prices for consumers.  Mike Bloomberg may be thrilled over pricy fast food, but many of the people who voted for this are going to be in for a shock.  Frankly, I don’t want to hear it when the time comes.

Link via Drudge

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