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Karen - Karen is reminded that people other than her have basic needs. She’s angry and wants to speak to the manager. | /r/FuckYouKaren

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shared a memory. 11h O So for all of the people who may not understand how business financial statements work, so from that 20% gross profit, if you are now forced to pay an employee $15 an hour, who previously made even a few dollars less, that means you MUST increase your prices, so that you have a larger amount of dollars trickle down to that gross profit number. As with EVERY business, who eventu... See More 4 Years Ago See Your Memories > May 5, 2017 O THE MAIN ITEM that still so many people don't know about, the one thing that actually destroyed the insurance companies...Obamacare mandated that providers were only allowed to make 20% gross profit AFTER paying claims. That means 20% to pay for all overhead, including staff, rent, etc., etc. They were being driven into bankruptcy. The goal of Obamacare was to get us to universal/socialized healthcare. We were almost there. We are not going to get from "almost shattered" to "perfectly repaired" overnight. And it was government that did all of this destruction, and government involvement will be required to fix it. Li ke ל" Comment

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