Back in August, Papa John’s CEO John Schnatter (a huge supporter of and contributor to Mitt Romney’s campaign) told shareholders that his “business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare.”
Now, after the election, he says Obamacare (once known as Romneycare) is going to cost his company $5-$8 million a year and that he is going to have to raise prices by 11-14 cents per pie, lay off some workers and cut back on worker hours so he doesn’t have to pay them healthcare. (Caleb Melby of Forbes says he ran the numbers and claims an increase of only 3.4 to 4.6 cents per pie would cover the costs of Obamacare.)
In the meantime, other Pizza restaurants – much smaller businesses all over the nation (such as Ian's Pizza in Wisconsin) are doing just fine while happily taking care of their employees and ensuring they have healthcare.
Schnatter (who has a net worth of $600 million and goes home every night to a 40,000 square foot mansion that has several swimming pools, a private golf course and a 22-car garage) is using many of the same doomsday lies about Obamacare that CEO’s used when complaining about the implementation of child labor laws, allowing blacks and women in the workforce, creating 8-hour workdays and the creation of Social Security. (Check out: "Eight Insane Arguments Business Owners Used to Oppose Basic Human rights, Social Safety Net")
And now people opposed to Obamacare, led by a conservative group called Rebooting America, are organizing a “Papa John’s Appreciation Day” to support poor Mr. Schnatter's nonsensical decisions to deal with Obamacare by laying off employees and cutting employees hours so he doesn't have to pay healthcare, raising prices higher than he needs to to cover the healthcare he doesn't plan on paying, giving away two million free pizzas and helping ensure Schnatter can hang onto his 40,000 square foot mansion with several swimming pools, a private golf course and a 22-car garage even though last August he told his shareholders his business was in an ideal place for absorbing the costs of Obamacare?
I have a hunch most of the folks supporting Papa John's don't make much money and likely don't have healthcare.
Are most conservative Americans insane?
I think I’m going to head to Rotten City Pizza in Emeryville, near Berkeley – It’s some of the best pizza I’ve ever had at a reasonable price and they take good care of their employees. And yes, I asked: They do provide health care!
God Bless America!