Our economic recovery needs a big shot of adrenaline,. Yes, we had 268,000 new jobs added last month. But about with 25% (62,000) came from McDonald’s! From the story:
The world’s biggest restaurant chain reported that it received one million applicants for open positions, which resulted in 62,000 people gaining employment. Another 900,000 plus were turned down. A McDonald’s spokeswoman said the company had planned to hire only 50,000 new employees. But the intense demand prompted it to take on an additional 24% in staff.
McDonald’s is honest, respectable work. But if the company becomes the jobs driver, we are in real trouble.
The story is SHS fodder because had the Obamacarians not granted the company a waiver from the industry destroying requirements of the ACA, McD’s might not have so “boosted” the economy, or the jobs that it did add would have been sans benefits. Let’s go down Memory Lane, shall we? From my post about the big McDonald’s waiver:
What a joke. Last week there were reports that McDonald’s was going to drop its employees from health insurance coverage because Obamacare would increase the company’s costs. This was roundly denied at the time, but now, guess what? The bureaucrats have exempted McDonald’s and other companies–not to mention a big teacher’s union–from the rules that were supposed to protect us all.
The ways to better fix our economy than are currently being applied are beyond our scope here. But Obamacare’s current and potential drain on the private sector affects more than access to doctors and the very real likelihood of health care rationing.
Update: I am told that the added McDonald’s jobs were not included in the current report, but will be in the next one. Consider this post a preview of coming attractions.
