Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

2/27/2014 (1 year ago)

Catholic Online (www.catholic.org)

There is no such thing as a free lunch.

Going out to dinner? You'd better be prepared to pay a little bit extra thanks to Obamacare. A chain of Florida restaurants is tacking a surcharge onto diner's bills to help keep expenses at bay and workers on the payroll.

Obamacare sounds nice, but somebody has to pay. At least Gator's Dockside is up front about it.

Obamacare sounds nice, but somebody has to pay. At least Gator's Dockside is up front about it.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

2/27/2014 (1 year ago)

Published in Business & Economics

Keywords: Restaurant, Obamacare, Gator's Dockside, surcharge, fee, costs, workers, jobs, employment


LOS ANGELES, CA (Catholic Online) - A small chain of Florida restaurants, Gator's Dockside, is implementing a new fee in eight stores to help offset the costs of Obamacare compliance. It is a very visible expression of the law's cost to ordinary citizens who many not appreciate that Obamacare isn't really the free lunch most Americans assume it will be.

Gator's Dockside is adding a 1 percent surcharge onto diner's bills, so a bill of $20 generates a $.20 surcharge. The charge is listed as "ACA Surchar" on the bill.

Visit the finest Catholic Boutique in the world!

In economics, one of the first lessons taught is TINSTAAFL, which means, "there is no such things as a free lunch." Somebody has to pay for Obamacare, and costs laid upon the back of businesses, especially those who operate with low margins, such as eateries, must pass those costs on to consumers in order to stay in business and keep workers employed while maintaining standards of service that customers expect.

Under Obamacare, businesses with more than 50 full-time employees must provide health insurance coverage for workers or pay a crippling penalty. Gator's Dockside estimates that for the 8 stores where the surcharge is in place, the annual cost of compliance may be about $500,000. The surcharges are expected to bring in about $160,000. That money will allow the store to keep several full-time employees in their jobs.

Thirteen other Gator's Dockside stores which are separately owned and run, will not be implementing the fee.

Most consumers have paid the fee without much grumbling, although a few may be dismayed to see the small surcharge on their bills. However, before anyone gets upset with Gator's Dockside they should consider that at least the restaurant is upfront and honest about the charges. Most other businesses, including restaurants, are simply raising prices to compensate, and they're not telling you about it.

Remember, everyone who employs more than 50 full-time workers has to pay so that means every large firm is passing its costs on to you in some fashion.

The price of Obamacare won't be measured in dollars and cents either. The true cost of the program may not be felt for years as successive administrations grapple with how to fix an inherently flawed law, and what to do to ensure people actually have access to affordable health care, which right now, only the unemployed and poorest of the poor have.

Pope Francis calls for your 'prayer and action'...

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for March 2015
Universal:
Scientists: That those involved in scientific research may serve the well-being of the whole human person.
Evangelization: Contribution of women: That the unique contribution of women to the life of the Church may be recognized always.



Comments


More Business & Economics

SHINY, RED APPLE: Computer giant is now twice as big as world's second largest firm, ExxonMobil Watch

Image of Strong sales of the larger-screened iPhones resulted in the largest quarterly profit reported by a company, with device sales rising 29.5 percent in the final three months of 2014 to $74.6 billion,

By Catholic Online (NEWS CONSORTIUM)

How big is Apple? The creator of the iPhone and tablets is SO BIG that it is now currently twice as big as its second-closest rival, ExxonMobil. This is being reflected in the stock market, where shares in Apple jumped 2.7 percent at the start of the week to ... continue reading


WHERE IS YOUR MONEY GOING? Government collects $1 trillion from taxpayers - and there's still a deficit! Watch

Image of Where is all of our hard-earned money going?

By Catholic Online (NEWS CONSORTIUM)

Where is all of our hard-earned money going? Real federal tax revenues for the first time ever topped $1 trillion in the first four months of the fiscal year, October through January, according to data released Wednesday by the U.S. Treasury. LOS ANGELES, CA ... continue reading


80 MILLION Americans have their privacy invaded in Anthem data breach Watch

Image of An internal investigation, days later verified that the company was a victim of a cyber-attack, the company said, and federal authorities were alerted.

By Catholic Online (NEWS CONSORTIUM)

Insurance giant Anthem suffered a massive security breach when hackers broached computer safeguards and mad a wild data grab. Up to 80 million Americans have had their privacy effectively invaded, although authorities say more sensitive information was not ... continue reading


Electronic giant RadioShack files for bankruptcy - but will keep some stores open Watch

Image of The Chapter 11 filing, made in federal bankruptcy court in Delaware, surprised few. RadioShack had not turned a profit since 2011.

By Catholic Online (NEWS CONSORTIUM)

RadioShack, an iconic, 94-year-old electronics chain has filed for bankruptcy protection. The company has decided to sell up to 2,400 of its stores to the wireless service provider Sprint and a hedge fund that is its biggest shareholder. LOS ANGELES, CA ... continue reading


Is your bank account suffering? Here are 5 INCREDIBLY EASY TIPS on how to save money! Watch

Image of

By Abigail James (NEWS CONSORTIUM)

Saving money is not a simple task. It is hard to resist eating out or buying the hottest new music. How can your savings account grow when spending money is so easy in today's world? LOS ANGELES, CA (Catholic Online) - Whether you're planning on moving or looking to ... continue reading


Game over: Saudi Arabia threatens to increase oil production to dangerously drive America out of the oil market Watch

Image of America's rising oil production has threatened Opec's control of the global oil market, but Saudi Arabia may be striking back, upping its own production in order to drive costs beyond the ability of American oil corporations to compete.

By Matt Waterson (NEWS CONSORTIUM)

Despite the continuing decline of the price of oil, Saudi Arabia has actually increased its oil production in an attempt to gain a victory in the oil war against shale drillers in the United States. LOS ANGELES, CA (Catholic Online) - The Middle Eastern oil ... continue reading


Talk about a killer app! Apple posts largest profit in history of mankind Watch

Image of The iPhone 6, which has helped Apple post the record largest profit ever made by a corporation.

By Matt Waterson (NEWS CONSORTIUM)

Apple has sold 74.5 million iPhones in just the last three months, helping the tech giant's profits soar to $18 billion, up more than 37 percent. LOS ANGELES, CA (Catholic Online) - This is the largest profit ever made by a corporation, edging out the $16.2 billion ... continue reading


ECONOMIC EARTHQUAKE: IBM rumored to lay off 110,000 employees - biggest cull in business history Watch

Image of First reported on the Forbes Web site, IBM scoffed at the news. Representatives said that the reported scale of the job cuts

By Catholic Online (NEWS CONSORTIUM)

There are alarming indications that the largest corporate layoff in history may be near. There are rumors afoot that computer IBM plans to lay off 110,000 employees shortly. As their entire worldwide workforce is estimated at 430,000, this represents a quarter ... continue reading


Living on less than $2 dollars a day: Only 5 percent of global wealth belongs to the poorest 80 percent of the world Watch

Image of Millions of people around the world are living off of less than two dollars a day.

By Abigail James (NEWS CONSORTIUM)

The staggering increasing inequality among the wealthy and poor around the world continues to be a pressing issue. Eighty rich billionaires have as much money as 3.5 billion of the poorest people. LOS ANGELES, CA (Catholic Online) - The wealthy are occuring their ... continue reading


An amazing 2,500 of the world's most prestigious people canvas Davos, Switzerland for this year's World Economic Forum Watch

Image of

By Abigail James (NEWS CONSORTIUM)

Around 1,700 private jets will cover the sky, as the most elite people of the world descend on the annual World Economic Forum in Davos, Switzerland. Throughout the next week, world leaders, wealthy businessmen and even influential pop stars will come together to speak ... continue reading


All Business & Economics News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Psalms 79:8, 9, 11, 13
8 Do not count against us the guilt of former ... Read More

Psalm, Psalms 79:8, 9, 11, 13
13 And we, your people, the flock that you pasture, ... Read More

Gospel, Luke 6:36-38
36 'Be compassionate just as your Father is ... Read More

Saint of the Day

Saint of the Day for March 2nd, 2015 Image

Bl. Charles the Good
March 2: In 1086, St. Canute, King of Denmark and father of Blessed ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter