In the CEO chair [Yahoo] , let me give you an example of the decisions we have to make as a company: Obamacare is an additional $7.1 million expense for us as a company....As a CEO and Management Team, we had to decide "Do we pass the $7.1 million of Obamacare costs to our employees or do we try to eat as much of that as possible and cut other benefits?"
The payer of Obamacare wants to hold liquidity with higher resturns. He adjust his money curve to cover expected losses. He will make fewer investments next year until this clears up.
California will do some of this, reducing deliveries across the board to cover unexpected Obamacare deliveries. And lock in cash for the long term by buying fewer inputs..
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