The Workers' Compensation Situation in this Country is Nuts, Arnold in CA Takes Action

The Workers' Compensation situation in this countryseem to be worthy of assisting in attaining the
is unbelievable. Why, well because of lawsuits andelusive ROI or profit that all business owners and
attorneys mostly. The costs of workmen'sfranchisees seek. The prices in California have risen
compensation on the business community is part ofso fast that the costs of workmen's compensation
the reason for the slow return of high paying bluehave doubled in the past three years. That is 200%.
collar jobs in this country and the demise of theWe recently talked to one company which builds Car
manufacturing sector. The system covers some 122Washes and Quick Service Restaurants Franchise
million workers nationally, but it is regulated state byTennant Improvements and C-Stores, who indicated
state, not nationally and there is nothing close toto us his workmen's compensation costs in Los
being a Federal Oversight on this, not that I orAngeles were running 110% of payroll? WOW. This is
anyone else cares to add another layer ofserious, it is due to run away lawsuits, we need tort
bureaucracy to an already broken system.reform.
You can imagine the burden of the franchisingThis is one reason that Maurice "Hank"Greenberg of
community to provide jobs and the incredibleAIG Insurance Groups said that Lawyers are
problems faced by franchisees. The average cost onTerrorists, this is why Elliot Spitzer targeted him
a national level has risen 50% in the last 3 years. Thispersonally. Well, I could not agree more personally
means that the poor employer is stuck, do they hireand have never heard not one debatable comment
fewer people and assign more work, go out offrom any one in the legal profession, which sues
business or cheat. Actually none of these optionsemployers.