Cheesecake Factory CEO Warns ObamaCare Will Be 'Very Costly' Read more: http://newsb

[Pointgold]

On Monday's CBS This Morning, Cheesecake Factory CEO David Overton spotlighted the looming economic impact of Obamacare's implementation, especially on small enterprises: "For those businesses that don't cover their employees, they'll be in for a very expensive situation." Overton also warned that the cost of the law would be passed on to customers.

Anchor Norah O'Donnell raised the issue of the still-controversial health care law: "One of the things that's going to change, of course, in the new year is ObamaCare, or the Affordable Care Act. How do you implement that at Cheesecake Factory, and how will you pay for health care for all of your employees?" [audio clips available here; video below the jump]

Read more: http://newsbusters.org/blogs/matthe...s-obamacare-will-be-very-costly#ixzz2E3SMxTIz
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[Banned]

We have cheesecake factories?

 

[CanceledB]

Might as well boycott CF and hasten their bankruptcy and impending demise. Poor Overton and his 'small' business.

 

[Banned]

I guess it would not be practical to import cheesecakes from China.

 

[CanceledB]

I guess it would not be practical to import cheesecakes from China.

Give it time. They'll find a way to do it.

 

[Pointgold]

Might as well boycott CF and hasten their bankruptcy and impending demise. Poor Overton and his 'small' business.

That's absolutely brilliant -- have more people thrown in the unemployment lines. Once this disaster is in full swing, there won't be any restaurants you aren't boycotting.

Forward to turning the USA into a landfill.

 

[Pointgold]

I guess it would not be practical to import cheesecakes from China.

Better to just shut down and retire, which is probably going to happen with a lot of businesses.

 

[CanceledB]

That's absolutely brilliant -- have more people thrown in the unemployment lines. Once this disaster is in full swing, there won't be any restaurants you aren't boycotting.

Forward to turning the USA into a landfill.

Companies resorting to fear tactics over health care deserve to wither and die.

 

[CanceledB]

Better to just shut down and retire, which is probably going to happen with a lot of businesses.

Yep. Good riddance, greedy bastards.

 

[Pointgold]

Companies resorting to fear tactics over health care deserve to wither and die.

Fear tactics? Open your eyes and look around. This ain't no dress rehearsal.

 

[Pointgold]

Yep. Good riddance, greedy bastards.

That won't hurt the owners, just the employees who lose their jobs.

 

[Banned]

That won't hurt the owners, just the employees who lose their jobs.

True the owners will continue to make a profit off of a closed factory with no workers producing product.

 

[cancel2 2022]

I guess it would not be practical to import cheesecakes from China.

It's not difficult to import chilled goods from China, you just need to hire a suitable container. A lot of our chicken comes from Thailand so cheesecakes is no problem. What is a problem though is the Chinese melamine scare.

http://www.telegraph.co.uk/news/wor...o-death-over-China-melamine-milk-scandal.html

 

[007]

Yep. Good riddance, greedy bastards.

And those working in those businesses?
What of them?

 

[PostmodernProphet]

It's not difficult to import chilled goods from China, you just need to hire a suitable container. A lot of our chicken comes from Thailand so cheesecakes is no problem. What is a problem though is the Chinese melamine scare.

http://www.telegraph.co.uk/news/wor...o-death-over-China-melamine-milk-scandal.html

dude, the Cheesecake Factory is a restaurant chain, not a cheesecake factory......

 

[Conservative]

The Government has noi business providing free gifts for lazy people

 

[Rune]

So Cheesecake Factory restaurants have more than 50 employees per location? Who knew.

 

[Banned]

So it is not really a factory?
But just another food place paying sub minimum wages to waiters/waitresses?

 

[Cancel 2016.11]

So it is not really a factory?
But just another food place paying sub minimum wages to waiters/waitresses?

Yep.

And it's quite overpriced IMO, for a chain restaurant.

 

[Cancel 2016.2]

Might as well boycott CF and hasten their bankruptcy and impending demise. Poor Overton and his 'small' business.

So because Overton discusses the issue, you want to boycott him? What exactly did he say that is so offensive to you?