After President Obama's health care law takes full effect, the slogan for national pizza chain Papa John's may need an update. Instead of, “Better ingredients. Better Pizza,” may we suggest, “Better health care. Pricier pizza."
Papa John's CEO John Schnatter says that Obamacare will result in a $0.11 to $0.14 price increase per pizza, or $0.15 to $0.20 cents per order, Pizza Marketplace, a trade publication, reports. (Hat tip: @dkberman via Twitter.)
Under Obamacare, the company, which is the third-largest pizza takeout and delivery chain in the United States, will have to offer health care coverage to more of its 16,500 total employees or pay a penalty to the government.
The National Restaurant Association pointed out following the health care law's Supreme Court approval that it may adversely affect restaurants’ ability to maintain already slim profit margins because it requires companies of more than 50 employees to provide affordable health insurance.
One Papa John's franchise owner in Texas, Judy Nichols, says the law could interfere with her ability to open more restaurants.
“I have two options, I can stop offering coverage and pay the $2,000 fine, or I could keep my number of staff under 50 so the mandate doesn't apply,” she told Legal Newsline. Nichols added that the law may cost her between $20,000 to $30,000 extra in taxes. “Obamacare is making me think about cutting jobs instead," she said.
But with strong sales last quarter and more than 1,500 new retail locations planned in the near future, Schnatter doesn't seem all that bothered -- perhaps because he intends to pass those health care costs on to customers.
“We're not supportive of Obamacare, like most businesses in our industry,” Schnatter was quoted as saying in Politico. “But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare."
McDonald’s also expects Obamacare to cost each of its 14,000 franchises between $10,000 and $30,000 annually, according to Businessweek. But, like Schnatter, the company remains optimistic it is well placed to handle the extra costs.
Representatives from other restaurant chains may be less hopeful, however, including Burger King, Quiznos and Dunkin’ Donuts, all which have expressed concern the law may hurt business, according to the Wall Street Journal.
Everyone's prices will rise because of obamacare, because everyone's costs will rise. How many times do we have to get into the you can't get something for nothing thing?
On related, quality of care notes: National Health Service The lack of basic awareness is remarkable. To that ever-dwindling band of Americans who believe in truly private health care, the NHS is a byword for disease and degradation. On the other hand, to Continentals who believe in clean, efficient universal health care, the NHS is a byword for disease and degradation. Yet the British delusion that the NHS is "the envy of the world" is indestructible. Years ago, in London's Daily Telegraph, I carelessly remarked that, while one might be able to find a Bhutanese yak farmer somewhere upcountry who envied Britons the NHS, nobody else on the planet did. A couple of days later, the paper printed a letter from Mr. Sonam Chhoki, a Bhutanese gentleman who, while not a yak farmer himself, came from generations of sturdy yak-farming stock. He reported that his British in-laws were still waiting for their operations after two years and that, based on his experience, Bhutan's health service was superior.
Obama and fairness in health care President Obama, you see, has been availing himself of medical tests his HHS apparatchiks won't approve for payment if Medicare patients receive them.
In his routine physicals, for example, he has taken advantage of a state-of the art test shown by studies to be effective at detecting early colon cancer without exposing the patient to the potential risks associated with traditional colonoscopy: "President Obama, in his first routine physical exam as commander in chief, received a CT colonography (CTC), commonly known as a virtual colonoscopy, to screen him for colorectal cancer." A good call by Obama and his doctors. Unfortunately for Medicare patients, his HHS apparatchiks have decreed that Medicare patients will not enjoy the same quality of care.
Take a moment to consider that. The President of the United States, a public servant paid by the taxpayers, followed the advice of his taxpayer-paid doctors that he should have a taxpayer-paid CTC. Yet his health care commissars, also paid by taxpayers, have decreed that that it is too expensive to provide this very test to actual taxpayers when they retire and sign up for the Medicare program for which they have been paying all their working lives. This perverse system, it should be remembered, is not merely presided over but taken advantage of by a man who incessantly lectures these very taxpayers about "fairness."
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10:13 AM
Gokart Mozart Member
Posts: 12143 From: Metro Detroit Registered: Mar 2003
The price of everything American is going to go up, while all the imports are going to stay the same. That will result in more jobs going overseas.
The sad thing is healthy middle class people don't always see the effect. I know one person that says "Obamacare is Awesome! I get one prescription for slightly less!" What they failed to see is that their healthcare payment went up more per month than the small discount now given. They also don't see that everything else is going to cost more... But hey, one thing is slightly cheaper right?
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10:29 AM
blakeinspace Member
Posts: 5923 From: Fort Worth, Texas Registered: Dec 2001
Of course they did. It's a business expense. If they raise it too much they hurt their ability to compete. The market place is what determines how much they can charge.
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02:21 PM
Toddster Member
Posts: 20871 From: Roswell, Georgia Registered: May 2001
Of course they did. It's a business expense. If they raise it too much they hurt their ability to compete. The market place is what determines how much they can charge.
That is half right. If you are a monopoly you can increase prices to the optimum amount the market will bear. If you are not, then you must consider both competition and cost of production. If your taxes increase then you either increase price or reduce costs in other areas...like fire people, reduce quality, cut services like free delivery, etc. Obama's tax hikes are killing business with new and higher fixed costs and THAT is why unemployment is so high, quality of health care will go down, and services will be reduced in many industries across the board.
Econ 101
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03:09 PM
partfiero Member
Posts: 6923 From: Tucson, Arizona Registered: Jan 2002
Once the Feds get hold of your health care with the ability they have to tax and fee anything that moves, not even an Einstein would be able to calculate what it is costing the average person. We will just have to trust what the politicians are telling us it costs, though they will have no clue either.
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04:41 PM
dratts Member
Posts: 8373 From: Coeur d' alene Idaho USA Registered: Apr 2001
Every business that has more than one employee will be raising their prices...that means everything. If you want to stay in business, you have to pass your costs on to your customers. Some will absorb it longer than others. Big companies like UPS can afford higher costs longer than small business. So in the end all small businesses will suffer the most. Exactly the ones Obama says hes trying to help.
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06:48 PM
dratts Member
Posts: 8373 From: Coeur d' alene Idaho USA Registered: Apr 2001
That is half right. If you are a monopoly you can increase prices to the optimum amount the market will bear. If you are not, then you must consider both competition and cost of production. If your taxes increase then you either increase price or reduce costs in other areas...like fire people, reduce quality, cut services like free delivery, etc. Obama's tax hikes are killing business with new and higher fixed costs and THAT is why unemployment is so high, quality of health care will go down, and services will be reduced in many industries across the board.
Econ 101
. That is half right. Whether the increased costs from health care will kill businesses is yet to be seen. I can see where any extra expense on a marginal business could cause stress. You are right about monopolies, competition, costs of production and cutting payrolls, reducing quality, and cutting services are ways of dealing with it. Whether they are the best way I won't get into.
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07:00 PM
dratts Member
Posts: 8373 From: Coeur d' alene Idaho USA Registered: Apr 2001
Every business that has more than one employee will be raising their prices...that means everything. If you want to stay in business, you have to pass your costs on to your customers. Some will absorb it longer than others. Big companies like UPS can afford higher costs longer than small business. So in the end all small businesses will suffer the most. Exactly the ones Obama says hes trying to help.
When they raise their prices we will be paying for the health care. No one said that it was going to be free. I really don't expect business to absorb it and not pass it on.
That is half right. If you are a monopoly you can increase prices to the optimum amount the market will bear. If you are not, then you must consider both competition and cost of production. If your taxes increase then you either increase price or reduce costs in other areas...like fire people, reduce quality, cut services like free delivery, etc. Obama's tax hikes are killing business with new and higher fixed costs and THAT is why unemployment is so high, quality of health care will go down, and services will be reduced in many industries across the board.
Econ 101
Todd,
Who has free delivery? I am mad hungry.
------------------ Are armadillos poisonous?
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07:37 PM
82-T/A [At Work] Member
Posts: 25485 From: Florida USA Registered: Aug 2002
I was in a meeting with the guy John Schnatter a while back while they were working on finalizing some marketing stuff for him (he almost bought the Dolphins from Huizenga before the current owner got the deal). He's a pretty down-to-earth guy... and really has a great story on how he made his business. He's one of those that actually made hte American dream. He started off with a small pizza shop and had to sell his car to expand his business. Not only is he a car guy, but also a real businessman...
Funny you should ask, when I was in college, one of the Fraternities on campus AEPi started a pizza business in their fraternity (AE Pizzeria): A large Pizza with everything delivered for $6!! Awesome...but, they got closed down, something about regulations yada yada
soooo, no I got nothin
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11:27 PM
Aug 9th, 2012
Formula88 Member
Posts: 53788 From: Raleigh NC Registered: Jan 2001
I was in a meeting with the guy John Schnatter a while back while they were working on finalizing some marketing stuff for him (he almost bought the Dolphins from Huizenga before the current owner got the deal). He's a pretty down-to-earth guy... and really has a great story on how he made his business. He's one of those that actually made hte American dream. He started off with a small pizza shop and had to sell his car to expand his business. Not only is he a car guy, but also a real businessman...
This is getting ridiculous. 40% Of the topics on the first page of TO/T are made up of your political copy & paste posts. Since I'm pretty sure every single one of those threads carry the same message ("Obama sucks"), I'm going to consider this as a violation of the following posting rule if you don't tone it down:
quote
Do not start threads about other threads. So you get in a heated discussion in one of the threads. You get the feeling you are not getting your point across. So you feel the need to start a new thread explaining what you meant in the first thread. Don't. Since there's already a thread on the subject, say it there.
So either tone it down, or create a single thread (you can call it "Avengador's Politics Corner" for all I care).
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05:48 PM
Aug 10th, 2012
avengador1 Member
Posts: 35468 From: Orlando, Florida Registered: Oct 2001
One thing I’ve noticed is that “I told you so” is rarely as satisfying as it should be.
Probably that’s because it usually comes about because of the fruition of a dire prediction about the results of yet another dumb government program or maneuver.
In this case, labor prices, and hence the prices of everything else, are going up because of Obamacare.
Papa John’s CEO said in a conference call that pizza prices have to rise to cover Obamacare mandates.
Cook Medical, a medical devices maker, is cancelling plans to build five new plants — with their jobs — so that it can pay for new taxes related to Obamacare.
Eighty-three percent of doctors are thinking about leaving the medical profession because of added costs, decreased earnings potential and vastly increased red tape related to Obamacare.
In summary, every business that requires labor, every product that is in any way made by human hands, every food item that gets loaded on a truck and shipped, every service you may require — all of them are going to be more expensive for everybody.
Individual increases may not seem like much — estimated 14 cents more per pizza at Papa John’s, for instance — but they will add up, and you will find yourself much poorer at the end of the month, all for government health care that won’t be as good, as timely or as efficient as what you and the rest of us used to have.
So I’m sorry to say to liberals today, I told you so.
Also, let me point out, just about every conservative or Libertarian in the country told you so.
Actually when you think about it, a first-grader with an understanding of addition and subtraction could have told you so. …
In fact, you know what, liberal America? I’m through being polite here.
My mother’s shih-tzu Mitzy, who although lovable was just about the dumbest creature ever to walk the Earth, probably could have told you with a resounding “yip” that you would pay through the nose for Obamacare, if you had just taken one moment to stop polishing King Obama’s shoes and ask her.
Did you really not see the train rolling down the tracks you’re standing on?
Were the flashing lights and blaring horns not a big enough clue?
Did the fact that everything was negotiated in secret not tell you something?
Or that key portions of the bill had to be “deemed” to pass under the Slaughter Rule because nobody wanted to vote for it?
Or how about when Nancy Pelosi said they had to vote on the thing before they could know what was in it?
Or did the fact that the chief justice of the United States had to rewrite the law to make it constitutional not tip you off that you supported a BAD THING?
And now you want to re-elect Obama. …
What the heck is wrong with you people?
We on the Right are working hard to make sure that, despite your precious little selves, everyone including people on the Left are spared the tragedy of a second Obama term.
If somehow King Obama manages to steal or win the election, then you’ll just have to accept that you’re finally going to get what you’ve been asking for, and you won’t like it.
Don’t say we didn’t warn you.
We get the government we deserve when we vote for them.
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03:23 PM
Nov 15th, 2012
jaskispyder Member
Posts: 21510 From: Northern MI Registered: Jun 2002
i worked at Papa Johns delivering pizzas through most of college.. They raise their prices on pizza every year, on average about 10 too 15 cents a year.. This is nothing new for papa johns.. Only this time he can lie and say hes raising the prices because of Obama!. And how many people other than maybe the store manager actually gets health care from Papa Johns.. 95% of his work force are part time 19 - 25 year old college kids who still use their mommy & daddys insurance anyway.. Not a single worker there when i did had insurance through the company, everyone averaged only 20 hours a week anyway, except the manager.. So spare me the BS..
Crap ingredients, Crap pizza, Papa Johns!
[This message has been edited by Jonesy (edited 11-15-2012).]
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04:50 PM
Rallaster Member
Posts: 9105 From: Indy southside, IN Registered: Jul 2009
i worked at Papa Johns delivering pizzas through most of college.. They raise their prices on pizza every year, on average about 10 too 15 cents a year.. This is nothing new for papa johns.. Only this time he can lie and say hes raising the prices because of Obama!. And how many people other than maybe the store manager actually gets health care from Papa Johns.. 95% of his work force are part time 19 - 25 year old college kids who still use their mommy & daddys insurance anyway.. Not a single worker there when i did had insurance through the company, everyone averaged only 20 hours a week anyway, except the manager.. So spare me the BS..
Crap ingredients, Crap pizza, Papa Johns!
I don't know where you worked, but I was also a delivery driver for PJ's for almost 2 years and I was averaging 35-40 hrs/wk. We worked on a skeleton crew cramming as many hours with as few people as possible. Our staff totaled around 15 people and the only people that got less than 20 hours/wk were the high school kids, everyone else was 30+. There was a period of about 8 months that I had overtime every week.
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05:04 PM
carnut122 Member
Posts: 9122 From: Waleska, GA, USA Registered: Jan 2004
Back when Schnatter first made his claims I questioned his math... I too came up with a much smaller figure that he was claiming. Too many believe the lies without caring about the facts!!!
I would gladly pay more for a pizza from a business that took care of its employees.
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06:43 PM
carnut122 Member
Posts: 9122 From: Waleska, GA, USA Registered: Jan 2004
This is getting ridiculous. 40% Of the topics on the first page of TO/T are made up of your political copy & paste posts. Since I'm pretty sure every single one of those threads carry the same message ("Obama sucks"), I'm going to consider this as a violation of the following posting rule if you don't tone it down:
So either tone it down, or create a single thread (you can call it "Avengador's Politics Corner" for all I care).
A + for you ! Thanks!
[This message has been edited by carnut122 (edited 11-15-2012).]
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06:48 PM
rogergarrison Member
Posts: 49601 From: A Western Caribbean Island/ Columbus, Ohio Registered: Apr 99
Yep, or shown the way to the door. Everyone thinks they get 'free' healthcare. All their doing is taking it out of one pocket and putting it in another. To get your free care, all you have to do is pay double for your groceries, gas, utilities and the clothes you wear. Great bargain.
On another note for student aged people loving their tuition and school costs, Ohio just raised the price of getting a GED from $40 to $160. More money you get to 'save '. You asked for it, your going to get it so dont whine.
From Columbus Dispatch on Ohio State University....
"Ohio State University trustees voted unanimously yesterday to lease the school’s parking operation to private investors for $483 million.They also increased tuition and room and board, effective with the fall semester.
The board also approved a 3.5 percent tuition increase yesterday for the 2013 school year starting with the fall semester. Undergraduate tuition for in-state students will increase by $312 to $9,615. Mandatory fees will remain at $421.
Room and board rates will also increase — from 4.8 per-cent to 5 percent — for the 2012-13 school year, depending on which room and meal plan a student selects. The trustees approved increases ranging from $425 to $510, for total rates of $8,670 to $10,185 for an academic year."
even charging a higher rate for parking permits on campus:
"The agreement caps annual parking-rate increases at 5.5 percent its first 10 years. For the remaining years, increases are capped at either 4 percent or the rate of inflation, whichever is lower.
So much for Obama helping you all out....
[This message has been edited by rogergarrison (edited 11-15-2012).]
If you keep telling people I am human, they will figure it out. Nope, just a face and a name made up by the big machine. Everything I have done on Pennocks is at the whim of the master, because I cannot think independently or make my own moves in life without permission. I know with that I am in some great, likeminded company here.
I do appreciate the consideration, Mike, being thought of as human. In some cultures that is the highest rank you can achieve.
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09:12 PM
Rickady88GT Member
Posts: 10655 From: Central CA Registered: Dec 2002
This is getting ridiculous. 40% Of the topics on the first page of TO/T are made up of your political copy & paste posts. Since I'm pretty sure every single one of those threads carry the same message ("Obama sucks"), I'm going to consider this as a violation of the following posting rule if you don't tone it down:
So either tone it down, or create a single thread (you can call it "Avengador's Politics Corner" for all I care).
I had higher hopes for liberals like you. obama does suck, and so does sensorship. Hope for you to have better judgement in the future. You can just ignor the posts just like everyone else and NOT open the thread. At least that is the common argument in off topic.
+ for avengador1 for his effort at free speach.
[This message has been edited by Rickady88GT (edited 11-15-2012).]
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10:31 PM
avengador1 Member
Posts: 35468 From: Orlando, Florida Registered: Oct 2001
last time I checked, OSU is a STATE institution. If the state cuts funding, they raise tuition. Happened in Michigan. Funding for State U's us round 25% here and students are the ones that have to pay. You want governments to cut spending, well, it is happening and students are stuck with the bill. Of course, I am guessing that there is waste at OSU, just like at UM. I would also think that UM and OSU could go private.
Of course, not everyone can have their daddy pay their tuition bill.... so some kids will have to select a different college/university... one that is more affordable.