ObamaCare Ties Cement Shoes to the U.S. Economy

Another company announces that the healthcare bill the President and the Democrats had to write in secret and pass under cover of darkness will sink it when the bill goes active in 2014.

My friends, reason number 3,401 that ObamaCare needs to be repealed:

The Columbus-based family owned restaurant chain - known for serving small square hamburgers called "sliders" – says a single provision in the bill will eat up roughly 55 percent of its yearly net income after 2014.

Starting that year, the bill levies a $3,000-per-employee penalty on companies whose workers pay more than 9.5 percent of household income in premiums for company-provided insurance.

White Castle, which currently provides insurance to all of its full-time workers and picks up 70 to 89 percent of their premium costs, believes it will likely end up paying those penalties. The financial hit will make it hard for the company to maintain its 421 restaurants, let alone create new jobs, says company spokesman Jamie Richardson. White Castle employs more than 10,000 people nationwide, and more than 1,200 in Ohio.

Props to House Minority Leader Boehner and House Minority Whip Cantor for continuing to push repeal. A majority of voters still favor repeal, but that majority was slipping last week as the memory of Obama's false promises, the Democrats' anti-democratic tactics in Congress, and the inquisition directed at companies who spoke out fades.

Keep reminding voters that Obama's healthcare reform is an economy-killer and it has to be stopped before it sinks us in yet another recession.

posted by Gabriel Malor at 10:10 PM

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