OBAMACARE TO OFFER SMALL BUSINESSES ONE POLICY ONLY FOR WORKERS

Obama greets Harkin the day after healthcare b...

Obama greets Harkin the day after healthcare bill passed (Photo credit: Wikipedia)

The Obamacare is supposed to have a provision to offer multiple policies for small businesses to choose from but the Health and Human Services decided to delay the provision until 2015. That means the small businesses will just have one plan to choose from until 2015, a delay according to Louisiana Democrat Senator Mary Landrieu that will “prolong and exacerbate the health care costs that are crippling 29 million small businesses.” Democrats are now sweating, waking up to the fact that Obamacare  could bring landslide defeat to them in 2014. Democrats are now joining the Republicans in wanting to repeal the tax on medical devices that will increase the costs for consumers.

The Obamacare  nightmare is going to anger many Americans who are just finding out the more than 15-pages form they have to fill out to the IRS and the small businesses can already see the writings on the wall that Obamacare is going to be their worst nightmare ever. Last January, 30% of small businesses surveyed believed they may not be in business by next year.

Whatever economic recovery the country has been trying to do for the past five years may disappear by next year. It will face its biggest financial challenge ever and the boxing match between America and Obamacare  could bring the biggest economic clobber and punch in history. America may experience a dangerous knockout punch just on the first year of implementing Obamacare. America may be knocked out by Obamacare just on the first round of next year.

Copyright 2013 Ketchie V. Schauf

SUBWAY FOUNDER CRITICIZING OBAMA, “SUBWAY WOULD NOT EXIST IF STARTED TODAY!”

Subway-restaurant

Subway-restaurant (Photo credit: Wikipedia)

Subway owner Fred Deluca told CNBC Wednesday that because of more government regulations and taxes and upcoming Obamacare, he won’t be able to build his company in today’s climate. He mentioned the biggest concern of their franchisees is the 2014 Obamacare. Deluca also said, “If I started Subway today, Subway would not exist.”

In 1965, Deluca borrowed $1,000 from a friend to start a sandwich shop in order to support his medical school. Today Subway is a $16 billion industry with 37,881 restaurants in 98 countries. It is the second lagest restaurant operator in the world after Yum and also second largest single brand restaurant chain in the world. It’s popular for its 5-foot-long sandwich  and the B.M.T.

It opened its first offshore restaurant in 1984 on Bahrain, a Middle East country. In 2006, its first kosher restaurant opened in Cleveland, Ohio. They also opened vegetarian Subway in India last 2001 with now a total of 324 restaurants in the country.

Copyright 2013 Ketchie V. Schauf