Whole Foods CEO John Mackey (The Statesman)
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“Technically speaking, it’s more like fascism...In fascism, the government doesn’t own the means of production, but they do control it."
Whole Foods CEO John Mackey (The Statesman)
During an interview Wednesday on NPR's "Morning Edition," Whole Foods CEO John Mackey said President Barack Obama's health care overhaul is like "fascism."
Mackey was clarifying on a comment he made back in 2009 when he said "Obamacare" was a form of "socialism" in an op-ed for The Wall Street Journal.
“Technically speaking, it’s more like fascism. Socialism is where the government owns the means of production. In fascism, the government doesn’t own the means of production, but they do control it — and that’s what’s happening with our health care programs and these reforms.”
To listen to Mackey's entire interview, click here.
Mackey isn't the first CEO to speak out against Obamacare, which will increase costs for businesses across the United States.
Starbucks CEO Howard Schultz told the Seattle Times last year that the "pressure on small businesses, because of the mandate, is too great."
Aetna CEO Mark Bertolini said health insurance premiums would likely double due to Obamacare. In December, Cheesecake Factory CEO David Overton said Obamacare "will be very costly," causing businesses to raise prices or cheapen their product.
Papa John's CEO John Schnatter has also slammed Obama's Affordable Care Act. He says he plans to raise prices and cut employee hours because of the Obamacare. Other restaurants like Wendy's and Taco Bell have announced similar plans to cut employee hours.
(H/T: Huffington Post)
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