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View Diary: Papa John's CEO is exaggerating when he tries to scare you on Obamacare's cost per pizza (140 comments)

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  •  Nice article on HuffPo (0+ / 0-)


    I have talked about this concept on facebook and in some comments on DK, and it is nice to get the numbers.  The HuffPo piece talks about Ian's Pizza in Wisconsin, and how they are happy about Papa John's whining.  Since Ian already provides benefits, they have no penalty and thus don't have to raise prices.  Papa is hosed, and he would be better off shutting his mouth and hoping his price increase goes under the radar.

    One thing was mentioned in the article that I didn't realize - Papa John's (and presumably the Denny's franchises in FL) can't even compensate for the Obamacare penalties by lowering employee wages because they already pay minimum wage.  Makes sense - if healthcare costs go up, my employer might have the option of taking it out of our raises.  Papa doesn't.

    Places like Ian's will no longer be at a disadvantage for being non-jerks.  Life is good.

    No one could make a greater mistake than he who did nothing because he could do only a little. - Edmund Burke

    by AdirondackForeverWild on Thu Nov 15, 2012 at 07:27:10 PM PST

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