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Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation
Ms Sans Serif
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[quote:Anonymous Coward 25148952:MV8yMDUyMTI4XzM0NDg4MjY5XzMxOEVCRTA3] Prices will go up everywhere no doubt about it. The problem is that people will have even less to spend so patronize restaurants even less than before. You can't squeeze blood out of a turnip people. I think there will be a big shake out of restaurants; about 40% will go out of business. The only ones that will survive will offer outstanding service and quality for the money. Customers will be stingy with their money as they have less and less of it and will say goodbye to brand loyalty and spending frivolously. Truly, the only reason that restaurants are doing the business that they are now in this economy is that most of the 20 something age range generation do not know how to cook. [/quote]
President Obama's election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power - but that has left some business owners baulking at the extra cost Obamcare will bring.
Florida based restaurant boss John Metz, who runs approximately 40 Denny's and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers' bills and will reduce his employees' hours.
With Obamacare due to be fully implemented in January 2014, Metz has justified his move by claiming it is 'the only alternative. I've got to pass on the cost to the customer.'
The fast-food business owner is set to hold meetings at his restaurants in December where he will tell employees, 'that because of Obamacare, we are going to be cutting front-of-the-house employees to under 30 hours, effective immediately.'
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