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Cognizant Technology Solutions Corporation
Corporate scapegoat watch: If earnings are soft, blame Obamacare!
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 of them negatively. But for companies with 100 employees or more, the Affordable Care Act's employer mandate doesn't kick in until 2015. The mandate has been further softened: In 2015, big employers will...

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