Sunday, March 30, 2014

Hundreds of Jobs Lost as Store Chain Closes Due to ObamaCare and Minimum Wage Hike

It doesn't take a genius to understand the Obamacare affect on small businesses operating on a razor thin profit margin.  Thanks, O'bama!!
Citing Obamacare and an increase in the state’s minimum wage, the owner of Waterford-based Yankee One Dollar is closing down shop on all 23 remaining locations.

Its owner Keith Flike blamed the Affordable Care Act and the increase in the state’s minimum wage for the decision to shut down. Each store has six to 10 employees, he told the Post Star.

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