# A question about a claim made by Jon Taffer on Fox News regarding obamacare.

**URL:** <https://boards.straightdope.com/t/a-question-about-a-claim-made-by-jon-taffer-on-fox-news-regarding-obamacare/671814>\
**Category:** Factual Questions\
**Created:** [October 21, 2013, 1:41pm UTC](https://boards.straightdope.com/t/a-question-about-a-claim-made-by-jon-taffer-on-fox-news-regarding-obamacare/671814 "2013-10-21T13:41:28Z")\
**Posts on this page:** 4\
**Page:** 2

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**Author:** ![Budget\_Player\_Cadet](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/budget_player_cadet/32/205_2.png) [@Budget\_Player\_Cadet](https://boards.straightdope.com/u/Budget_Player_Cadet)\
**Post date:** [October 23, 2013, 5:32pm UTC](https://boards.straightdope.com/t/a-question-about-a-claim-made-by-jon-taffer-on-fox-news-regarding-obamacare/671814/21 "2013-10-23T17:32:43Z")

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> [@cornopean](#):
>
> Actually, we all benefit from the greed of entrepreneurs. The harder they try to get rich, the more then enrich all the rest of us. Think of it…if Joe Smith is earning a $100,000/yr today, then what if he is earning $1,000,000 tomorrow? Are we going to be better off or worse off?
> 
> Are we better off as a result of Bill Gates’s greed or worse? Michael Jordan? etc.?

Except that there is nothing inherent about that greed that made our lives better. These people did not make our lives better because they were greedy, they made our lives better by providing technological advances that change the world. That they benefitted themselves in the process is no surprise, but it’s incredibly easy to greedily make yourself richer by _harming_ society. Greed is not good. Technological advancement is. Learn the difference.

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**Author:** ![Ca3799](https://avatars.discourse-cdn.com/v4/letter/c/9f8e36/32.png) [@Ca3799](https://boards.straightdope.com/u/Ca3799)\
**Post date:** [October 23, 2013, 6:08pm UTC](https://boards.straightdope.com/t/a-question-about-a-claim-made-by-jon-taffer-on-fox-news-regarding-obamacare/671814/22 "2013-10-23T18:08:32Z")

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> [@cornopean](#):
>
> Actually, we all benefit from the greed of entrepreneurs. The harder they try to get rich, the more then enrich all the rest of us. Think of it…if Joe Smith is earning a $100,000/yr today, then what if he is earning $1,000,000 tomorrow? Are we going to be better off or worse off?
> 
> Are we better off as a result of Bill Gates’s greed or worse? Michael Jordan? etc.?

Isn’t that the definition of “trickle down economics”?

The money never does trickle down. It gets stashed in offshore accounts.

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**Author:** ![md2000](https://avatars.discourse-cdn.com/v4/letter/m/73ab20/32.png) [@md2000](https://boards.straightdope.com/u/md2000)\
**Post date:** [October 24, 2013, 6:53am UTC](https://boards.straightdope.com/t/a-question-about-a-claim-made-by-jon-taffer-on-fox-news-regarding-obamacare/671814/23 "2013-10-24T06:53:01Z")

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Is that 50 employees, or 50 full-time-equivalents? (30 hrs a week) IIRC it’s 50FTE which means that’s going to be one helluva huge and busy bar if it’s impacted by the ACA.

And, the penalty is calculated only on the number of actual Full-Time Employees, not the part-timers who made up the FTE.

If your bar runs 1500 man-hours a week, maybe you can afford to give some sort of health care coverage.

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**Author:** ![Superhal](https://avatars.discourse-cdn.com/v4/letter/s/b4bc9f/32.png) [@Superhal](https://boards.straightdope.com/u/Superhal)\
**Post date:** [October 24, 2013, 8:20am UTC](https://boards.straightdope.com/t/a-question-about-a-claim-made-by-jon-taffer-on-fox-news-regarding-obamacare/671814/24 "2013-10-24T08:20:20Z")

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I don’t see what the big deal is. Employers have been pulling this crap for centuries.

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