A pizza cost what to make $5? $10 million in pizza give-a-ways for a national company is nothing. Just to advertize for about 30 seconds nationwide runs in the millions. The company may turn over $100's of millons, but may take $100's of millons to operate, pay employees, insurance rent on stores, utility bills etc. Giving away a few pizzas is beans. Just to provide basic health care costs and average of $1.85 per hour per employee. The penalty with the feds is $1.10. Which is cheaper? Premium health care costs more. The prices are also rising. There will be a huge drain on doctors with 85 million new added users. Of course most are young people who didn't buy insurance before anyway. This is happening to a whole list of companies. Rules are if they are part time, you don't have to provide insurance. So, hmm, most companies are cutting hours to make everyone part time, except management. Some great health care fiasco. Hope all the obama supporters are happy destroying our economy. My wife works the stock market. She sees the trend that we will go back into recession by June next year. All signs and indicators show that.
Capital gains are going from 15% tax to 20%. This affects all pensions, 401-k's etc. It also affects capital gains on selling your home to downsize.
Income tax will go up at least on those making over $60,000 or at least over $200,000. So doctors will pay more tax, thus their fees will rise, thus insurance will cost more.
There are already lawsuits to FORCE companies to provide ABORTION, like Hobby Lobby, in their insurance plans. Owner is a devout christian and doesn't want that. Same with Cracker Barrel, same with Chick-fil-a. Longhorns, Red Lobster, and Olive Garden are all cutting hours to make more part time employees to keep prices down. Many, many retailers are going to do this.
People making less money will spend less, thus the economy will suffer more.
We currently can't build pipelines cross country, can't drill offshore, can't drill on government leased lands, can't drill anymore in Alaska. Only private land can be drilled on. Oh, the oil coming out of North Dakota and Canada is being shipped via railroad tanker to Oklahoma and Texas since the pipeline couldn't be built. Warren Buffet owns the railroad in this area doing the shipping. He supported Obama. Crony capitalism to say the least. The pipeline can deliver far more oil at LESS RISK to the environment than a railroad car that can leak or derail.
Obama is manipulating the economy to his socialist idealism like Hitler did in the 1930's in Germany when he used his manufacturers to begin making war equipment. Only Obama is wanting windmills, solar power, and electric cars. None are cost effective nationwide and won't be for 50-100 years at least. In the meantime we have 213 million gasoline and diesel vehicles on the road needing fuel. All train engines except subways, all ships, all planes. None of that is going anywhere soon. In the meantime our economy suffers and struggles with a pent up desire to breakout, and it is being snuffed out with this socialist idealism stuff that don't work.
