Wendy's is the latest company to make cuts due to Obamacare

It's too much work to get an education, people who choose to work at Wendy's should get free health care and living wages.

 

At least your honest !

 

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Yes, well, maybe a little empathy injected into our business lives might make for a better life for everyone. Such a big step I know.

Anyway, I don't work for them, but at one time I did. I got a decent wage (for the time) and good benefits. Unfortunately that was over 10 years ago and while the prices of pretty much Everything have gone up, wages have stagnated and benefits have been cut.

You say America the free country? How about the freedom to make a decent wage even in the service industry? Go to school? Get Educated? Sure, if your willing to take on 5 to 6 figures of debt. Well all that education should mean a good paying job right? Wrong. A lot of those 'educated' people are back working at Wendy's. Why? Outsourcing, by those self same parent companies who figure their employees should work like slaves.

Its a circle of BS propagated by businesses looking to increase their short term profit margins, without considering the long term healthy-business aspects of happy, well payed and loyal employees.

 

Next the government will demand all workers work a certain amount of hours with a certain amount of pay and no one will be able to be fired.

 

I'm sorry, I understand you are confused. I'll make a correction for you. "Wendy's is the latest company to use "Obamacare" as an excuse to make a larger profit".

No worries, it happens all the time.

 

Yeah, there profit margin in September 2012 was a whopping -4.11%

 

And how much did the board of directors / ceo of Wendy's gain in the last quarter? Please realize, I review company financials and 10K reports EVERY day. I know the difference between the "profitability" of a company and the PROFIT of a company.

 

Well then you tell me what they are then, and why you're at it tell me what the other CEO's get that got Obamacare waivers.

 

Well if everyone needs to work two jobs to pay for obamacare and not to mention the recent tax hike, then doesn't that mean job creation needs to double? If people start working two jobs then eventually there won't be enough jobs to go around, minimum wage or not.

Bad news for everyone. Seems like as the months go by the situation gets worse and worse.

 

I hear that Cubed. I'm grateful to be one of the people who escaped cuts over the last couple years at my company...but...I also only got one raise in the last 3 years. it was a 2%, which didn't kep up with the rising costs like you mentioned. Now just last week my wife and I just saw 20 bucks less a week each from the SS tax, and her HC went up 25 per week to boot. End result I'm out 260.00 a month. May not be the end of the world, but i'm certainly feeling it.

That would have been the kind of money I'd use to actually stimulate the economy. The fun money, the out to dinner cash etc. Now I just have to buckle down and keep up with all the bills Ive saddled myself with.

Not starting off to be a good year for the working class stiff.

 

Thatta'll learn ya not to vote for Obama!

 

True. Big things like this always have growing pains, and anyone who thought this would be an easy transition was fooling themselves. Canada has a lot of the same things when we first introduced our Government run health care, but in the end, its brought our costs down. This is one of those things that probably won't really start showing its benefits for a couple of years, but I'd bet money that in 10-20 years, this will be looked at as one of those watershed moments that changed the course of the country for the better. Just my hope-filled opinion