For months, we have been working with Mercer Health & Benefits LLC, our health-care consultant, to identify Obamacare’s potential financial impact on CKE. Mercer estimated that when the law is fully implemented our health-care costs will increase about $18 million a year. That would put our total health-care costs at $29.8 million, a 150 percent increase from the roughly $12 million we spent last year.
The money to cover our increased expenses will have to come from somewhere. We are a profitable company and, after paying our obligations, we reinvest our earnings in the business. Reinvesting in the business is how we grow, create jobs and opportunity. This is true for most U.S. businesses.
http://www.bloomberg.com/news/2011-12-27/job-creation-is-price-for-new-u-s-health-law-commentary-by-andrew-puzder.html
Reversoswabbie says: This guy is just so dishonest. We're on to his tricky tricks. We know he's a 1%er and just steals his money from us, the 99%. Reinvesting in the business to create jobs? Why would he do that since all he has to do is just take the money from us?
The money to cover our increased expenses will have to come from somewhere. We are a profitable company and, after paying our obligations, we reinvest our earnings in the business. Reinvesting in the business is how we grow, create jobs and opportunity. This is true for most U.S. businesses.
http://www.bloomberg.com/news/2011-12-27/job-creation-is-price-for-new-u-s-health-law-commentary-by-andrew-puzder.html
Reversoswabbie says: This guy is just so dishonest. We're on to his tricky tricks. We know he's a 1%er and just steals his money from us, the 99%. Reinvesting in the business to create jobs? Why would he do that since all he has to do is just take the money from us?
No comments:
Post a Comment