March 23, 2010, - 12:08 pm
Yesterday, I was talking to a good friend of mine, who is one of the most prominent trial lawyers in the Detroit area. He’s a Republican and a staunch conservative on most fiscal issues . . . except what he does for a living.
$25 or $30 Under ObamaCare? Don’t Bet Against It.
My friend, the trial lawyer, and I were discussing the impending disaster to come as a result of the ObamaCare bill’s passage. And we both decried it from a personal perspective, with my friend agreeing that this will significantly raise the prices of everything and how it will put many businesses out of work and cause a steep loss in jobs.
“But it’s great for trial lawyers like me,” my friend said. “Get ready for $25 hamburgers. Actually, with our lawsuits, maybe even $30 hamburgers.”
My friend explained that with every new entitlement, every new massive giveaway, there are lots to be harvested in the form of new grounds for lawsuits.
Whether it’s social security or workers comp or, now, this healthcare bill, there’s a lot of great stuff in it for me. Trust me, my phones will be ringing off the hook with new plaintiffs wanting to sue over this or that provision in the healthcare bill. It’s horrible how much this is going to cost in terms of not just added costs to employers, like Caterpillar, but in terms of new lawsuits that’ll clog the courts. I haven’t read the bill, yet, but I’m sure there are lots of news lawsuits this creates.
And my friend is probably right. Plus, he’s no different than the legislators who voted for the bill. They haven’t read it yet, either.
It will be interesting to see which explodes more quickly, the litigation explosion or the price of your burger at the lunch counter.
So, how much are you willing to pay for a hamburger? The price may be steep. But in that $25 hamburger, you’re really paying for ObamaCare.
Tags: $25 burger, $25 hamburger, hamburger, litigation explosion, nationalized healthcare, obamacare, socialized medicine, trial lawyer, trial lawyers