Cognizant Technology Solutions Corporation

Corporate scapegoat watch: If earnings are soft, blame Obamacare!


Corporate executives love nothing more than a scapegoat to saddle with blame for their own mediocre performances. As we reported late last year and USA Today confirms again, they're finding the Affordable Care Act to be a gold-plated gift. It's almost as useful as the lousy winter weather, which is saying something.

USA Today reports that of 446 companies in the S&P 500 that have reported first-quarter results so far, 30 have mentioned the Affordable Care Act, most...