Papa John’s Pizza Hates Obamacare
If you eat at Papa John’s pizza, you should know that they hate Obamacare and they are going make sure you pay if they have to implement it, dammit (so, hint, hint, call your congress critter and tell him or her to get it repealed!):
Pizza chain Papa John’s told shareholders that President Obama’s health care law will cost consumers more on their pizza.
On a conference call last week, CEO and founder John Schnatter (a Mitt Romney supporter and fundraiser) said the health care law’s changes — set to go into effect in 2014 — will result in higher costs for the company — which they vowed to pass onto consumers.
“Our best estimate is that the Obamacare will cost 11 to 14 cents per pizza, or 15 to 20 cents per order from a corporate basis,” Schnatter said.
“We’re not supportive of Obamacare, like most businesses in our industry. But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare,” he said.
“If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best interests,” Schnatter vowed.
An increase of between “15 to 20 cents per order?” I would imagine Papa John’s pizzas vary in price by 15 to 20 cents already, given the fluctuating price of gas and of things like corn and wheat. Seems to me CEO Schnatter’s agenda is to scare his customers into rallying against Obamacare which he obviously personally loathes.
Well, that ain’t gonna happen on my end. My reaction isn’t to turn against Obamacare, it’s to turn against Papa John’s, which has a shop not eight blocks from my house.
We have got to do something about health care costs in this country. Obamacare isn’t perfect but it’s a start.
See ya Papa John’s.