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Topic: Restaurant chain says criticizing
‘ObamaCare’ may hurt its earnings |
Restaurant chain says criticizing
‘ObamaCare’ may hurt its earnings
The Hill [Washington, DC], by Sam Baker
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Original Article
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Posted By:KarenJ1, 12/5/2012 10:07:07 AM
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| A major restaurant chain said Tuesday that its complaints about President Obama´s healthcare law have been bad for business. Darden Restaurants, which owns Olive Garden and Red Lobster, had previously announced plans to cut its workers´ hours so that it wouldn´t have to provide health insurance under the law´s employer mandate. Darden is one of several large employers to consider rolling back workers´ hours in response to the Affordable Care Act. But the company said Tuesday that negative publicity surrounding that position might be bad for business.
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Comments:
The CEO Otis complains bitterly now even though he supported 0bama and did publicity events with the Mooch in her Let´s Move fiasco. He has no one to blame but himself.
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Reply 1 - Posted by:
Grady, 12/5/2012 10:15:05 AM (No. 9049693)
Let them eat breadsticks.
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Reply 2 - Posted by:
rinohunter, 12/5/2012 10:16:48 AM (No. 9049697)
Amen to the "Comment" from above! I could care less about places like the Olive Garden or Red Loberster which serve processed slop! I could care even less now that I know about Mr. CEO Otis.
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Reply 3 - Posted by:
Safari Man, 12/5/2012 10:18:22 AM (No. 9049700)
We have a society where we live in fear of the government and, while we have the right to speak out against the government, pity the fools who actually do it.
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Reply 4 - Posted by:
Brittany, 12/5/2012 10:31:47 AM (No. 9049734)
Obama is hurting the business itself, not criticizing his socialized medicine. When someone sets out to destroy the economy, the lesser businesses are the first hurt. When you are counting every penny you don´t go to restaurants and especially not those whose product is churned out by a cookie cutter group of franchises. You go to your local diner or spend the same amount at a decent local place.
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Reply 5 - Posted by:
mitzi, 12/5/2012 10:50:39 AM (No. 9049795)
It won´t have any effect on my eating at either of those restaurants. I was in an Olive Garden once. Not impressed and not going back.
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Reply 6 - Posted by:
Cavallodifiero, 12/5/2012 10:55:32 AM (No. 9049818)
This successful corporation starts talking stupid? Maybe the drop in business has something to do with the present administrations spending binge, perhaps it´s the impact of the escalating fears of Obamacare!
Twits!
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Reply 7 - Posted by:
kanphil, 12/5/2012 10:56:05 AM (No. 9049819)
Once one of my favorite restaurants for a family night out, Olive Garden has deteriorated in the last two years that I do not go there anymore. As to reducing employees hours to avoid paying their insurance, I have some anecdotal evidence that they already started this more than a year ago.
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Reply 8 - Posted by:
yuban, 12/5/2012 10:59:35 AM (No. 9049826)
Does he think higher menu prices won´t hurt business?
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Reply 9 - Posted by:
pineledger, 12/5/2012 11:06:05 AM (No. 9049848)
Let´s see -- Darden restaurants came under fire here a while back for what???
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Reply 10 - Posted by:
beca, 12/5/2012 11:14:58 AM (No. 9049883)
i am so sick of hearing about obamacare and how it will wreck our econ....that has already happened...you get what you vote for...cant say that enough
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Reply 11 - Posted by:
JAN, 12/5/2012 11:28:00 AM (No. 9049929)
Boo hoo.
Laid down with dogs got up with fleas. Shocker, eh?
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Reply 12 - Posted by:
DaBigGuy, 12/5/2012 11:31:04 AM (No. 9049937)
Darden´s problem was playing both sides of the fence. They supported this abominable law and got a waiver to avoid the tax, and now is seeking to avoid the tax by cutting hours.
Criticizing ZeroCare isn´t bad for business, but the disgusting hypocrisy is.
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Reply 13 - Posted by:
lil dotty, 12/5/2012 12:04:33 PM (No. 9050010)
This man represents a successful CEO? Did he get the same schooling as the brilliant Two Won? He deserves his failure. Tis a shame this once great nation has fallen to the complete losers for answers to its problems Suck it up. You supported the toad. You get him warts and all.
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Reply 14 - Posted by:
mackrand, 12/5/2012 1:15:09 PM (No. 9050131)
This is called the "Reverse Chick-fil-A" effect!
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Reply 15 - Posted by:
Historybuff, 12/5/2012 1:16:13 PM (No. 9050136)
When the people fear the government you have tyrany.
When the government fears the people you have Liberty.
Thomas Jefferson.
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Reply 16 - Posted by:
sternben, 12/5/2012 1:57:52 PM (No. 9050217)
Olive Garden and Red Lobster have inferior food.
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