Here's Why!

[Y]

From Mike Huckabee...

A businessman in Texas just sold three pizza parlors.  So how does that affect you?  Brace yourself...  The story next...Back in 2010, Bob Westbrook owned three Cici's Pizza parlors.   While the people who wrote and passed Obamacare couldn't be bothered to read it, Bob didn't have that luxury.  He was president of the Texas Restaurant Association, so it was his job to find out what was in Obamacare. 

What he found was that he'd be forced to buy his 96 fulltime workers heath coverage, which would bankrupt him -- or pay a fine $78,000 bigger than all three restaurants' profits combined. 

So he did the only logical thing: he gave up and sold his businesses.  My guess is that those 96 fulltime jobs will soon become 200 part time jobs.


Hey, that's more than double the job creation, right?  So how does this affect you?  Multiply Bob's story by every medium-sized business in America.  And now you know why Obama is so anxious to put off Obamacare until after the election.
  Because it slices up American jobs like a pizza.

[Y]

Okay, as normal, this has been spun and twisted.

First of all,

This all started when I posted a story that Mike Huckabee shared about how the HCRA is having a negative effect on small business.  Which IS a very  interesting look at a person who IS a small business and studied the laws and realized the impacts it carries.
Then comes the personal attacks at Mike Huckabee.  That he is dumb as dirt. Then came some shots at the IQ level of people from his state.  Nothing to do with the story I posted about the HCRA.

THEN, I asked WHY he was "dumb as dirt".  The answer I got was because he is a creationist.  So, my conclusion was that he is NO longer qualified to an intelligent opinion, because he believes in that God created the universe.  Tit for tat, 6 days or how ever long it took for God to create it. 

I then replied that Obama TOO, believes that GOD created the universe.  I made the mistake of calling him a creationist. Okay, you win that part, but Obama still believes in GOD and that He created everything.  Maybe Obama and Huckabee will disagree on the exact time work, but BOTH believe in God and His creations.

This whole thing was spun around from the point from the story I posted is that HCRA is either going to force business' to close or to quit having so many full time employees and hire more part time employees.  Which is NOT good for our economy.

Twist and turn everything you want, but it is NOT a good law.  PERIOD.

[Y]

^^^

Those posts are a recap.

[Y]

Now to the meat.

Hank, the following is why Huckabee is 'dumber than dirt' - and why you also fall into that category by swallowing that tripe and regurgitating it.

[Y]

Take a listen:

Bob Westbrook TV Spot

Take a read:

Bob Westbrook

President at WR Ventures, Inc.dba CiCi's Pizza

[Y]

We can glean facts from those two links.

1. Bob had 3 locations which he states serve 'roughly a thousand guests a day' each, and approximately 100 employees.

2. Bob was President of the Texas Restaurant Association for one year, 2010 - 2011.

[Y]

Now let's take fact 1 and do the math:

3 locations x 1000 patrons each per day = 3000 patrons per day

Now let's take a low assumption of $10 per patron spending - I really think $20 per is closer to the mark.

3000 x $10 x 365 = $10,950,000 gross income

[Y]

Now let's assume ole' Bob was paying his 100 employees over minimum wage and they were all full time - though I think minimum wage and part time is FAR more likely - and is paying them $10 an hour and they work 40 hours a week.

100 x 10 x 40 x 52 = $2,080,000 employee cost

[me]

Now let's assume ole' Bob was paying his 100 employees over minimum wage and they were all full time - though I think minimum wage and part time is FAR more likely - and is paying them $10 an hour and they work 40 hours a week.

100 x 10 x 40 x 52 = $2,080,000 employee cost

Don't forget to add in the cost of the insurance, utilities, supplies, business insurance, and other misc. expenses. 

[Y]

Now assuming Bob was renting and didn't own his locations.

http://www.dallas-ecodev.org/real-points-daily-reports-on-commercial-real-estate-greg-biggs-another-dallas-advantage-operating-expenses/

Let's use Dallas approximations - Tyler is actually close to Dallas but rents should be less expensive - of $24 k, which includes electricity:

$1000 x 12 + $1000 x 12 = $24,000 x 3 = $72,000

[Y]

Now let's assume Bob is paying approximately $1000 a month for his liability and workman's compensation etc. insurance needs:

$1000 x 12 = $12,000

[Y]

$10,950,000 gross income

less

$2,080,000 employee cost

$72,000 rent and utilities

$12,000 insurance

=

$8,796,800 approximate net

[Y]

Now that net would be less inventory and other miscellaneous costs that are unknown, but as we can see ole' Bob is making money even after those costs...

...and would be EVEN if he had to offer insurance to all his employees.

[Exterminator]

Don't forget to add in the cost of the insurance, utilities, supplies, business insurance, and other misc. expenses.

How about your non-business understanding ass shuts the fuck up and let's him finish?  Oh, and now he has...feel stupid much?

[Y]

Now let's look at ole' Bob's claim "or pay a fine $78,000 bigger than all three restaurants' profits combined".

http://hiring.monster.com/hr/hr-best-practices/workforce-management/employee-benefits-management/health-care-reform.aspx

Penalty for not providing insurance: Employers with over 50 employees that do not provide insurance must pay a penalty of $2,000 for every employee in the company if even one employee opts to obtain insurance through an exchange. However, the first 30 employees are not counted in calculation of the penalty. Example: an employer with 75 employees would pay the penalty for 45 workers, or $90,000 (45 x $2.000).

Bob's fine would be:

100 - 30 x $2000 = $140,000

Now Bob says his fine would be: "$78,000 bigger than all three restaurants' profits combined".

$140,000 - $78,000 = $62,000

That $62k is what ole' Bob is claiming as "all three restaurants' profits combined".

Out of $8,796,800 approximate net - less inventory costs and miscellaneous expenses.

Not remotely believable.