Thursday, November 14, 2013

More Than Insurance Lost

A nephew drives a tanker truck delivering gasoline to gas stations. His long-time employer, BP, is selling off its entire delivery system - trucks, terminals, equipment, etc. - to outside firms which specialize in such deliveries.

The rationale given BP employees, who now must apply for lower-paying jobs with the new owners, is that BP is motivated to avoid the strictures and costs of Obamacare. Bitter doesn't begin to describe the employee reactions to being laid off.

You'd have a tough time convincing my nephew that Obamacare wasn't instrumental in BP's decision to get out of the business of delivering fuel to stations.