Typical 'Job Creator' Behavior -- Use Obamacare as an Excuse to Mistreat Their Own Workers
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Tankel claims the math just doesn’t add up to be able to provide health insurance to his employees, without firing some of them first. “There’s three ways it has to come back,” Tankel said about the money needed to pay for health insurance. “[M]ore efficiencies, reduce overhead, or raise prices. Let’s look at each…we can’t raise prices…hopefully we’ve got all our efficiencies…so then, it’s cut back on overhead.” As in, let’s either fire people or pay them even less.
Tankel doesn’t want to admit he actually has more than three ways to pay for health insurance. He can cut his own salary. He can also reduce the dividends he pays to his stockholders. The math is there, but Tankel would have to reconsider his own greed. And since Scrooge wouldn’t do those things, neither will Tankel.
Tankel is also stupidly acting as if he’s the only one who’ll be affected by Obamacare. All big businesses will have to cover their employees’ health insurance now, so whatever business hit Applebee’s takes will also be felt by his competitors. He is at no disadvantage whatsoever.
But on outlets like Fox Business, the victims of this insane right-wing thinking aren’t the 45,000 Americans who die every year because they don’t have health insurance. Instead, the victims are millionaires like Zane Tankel who will have to sacrifice some of their bottom line to keep their employees healthy. As one of the Fox Business talking heads asks Tankel, “Is this the most challenging time you’ve ever seen because of the regulations?”
To which Tankel agreed.
Unlike what you hear on the Conservative media outlets, President Obama hasn’t deployed his brown shirts to confiscate private property and redistribute Zane Tankel’s wealth. He hasn’t choked out the private sector with big government regulations.
In fact, corporate profits under President Obama are astronomically high. The average annual real corporate profit growth rate since President Obama took office is 77.9% - making him the best President for corporate profits since 1900. In second place is Warren Harding who ran on a campaign platform in 1920 of “less government in business, more business in government,” and corporate profits only surged 17.7% during his term.
President Obama has been corporate America’s best friend. And after swimming in astronomically high profits, corporations are now being asked to reinvest some of that wealth back into their employees by providing them health insurance. It’s the very least they can do.
And, seriously, do you really want to eat at a restaurant filled with sick employees?
So-called “job creators” like Zane Tankel have to understand that the letters C-E-O in front of their names do not give them the right to abuse workers, or exploit them as political pawns. Those letters indicate that they do business in our communities because “we the people” gave them permission to do so, and we can revoke that permission any time, if we so choose.
Corporations, as President Grover Cleveland famously said in 1888, should be the “carefully restrained creatures of law and the servants of the people.”
Zane – take a course in American history. And pay special attention to that part about the rights of workers. We ended slavery and indentured servitude in this country, and we’ve decided that working people are entitled to be treated decently in the workplace. Even if it means that Papa John’s founder John Schnatter may not be able to add another guesthouse onto his castle.