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Thread: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by Maenad View Post
    There is something to be said for a system that doesn't have to make a profit. But most state hospitals are abominable. No one likes the V A hospitals, but just let someone make noises about changing the system and those veterans organizations swing into action and prevent it. I'd say your post is a draw. 50:50. Hardly worth any bashing.
    I'm not asking about government hospitals and the like, I mean health insurance, like an extension of Medicare, instead of employer administered healthcare.

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    Papa Johns' CEO: Obamacare will increase our costs, reduce employee hours

    This thread (and all the others to follow) is dedicated to the Golden Goose Liberals out there who truly honestly believe that it does not matter what burden you put on business, they will keep on magically producing jobs and tax revenue.


    A day after Barack Obama earned a second term in the White House, Papa John's founder and CEO John Schnatter said the president's signature health-care reform law would increase his business costs and possibly result in employees' hours being cut.

    Schnatter, a part-time Naples resident, made the comments Wednesday night inside a small auditorium at Edison State College's Collier County campus. In August, he made national headlines after telling shareholders the Affordable Care Act — commonly known as Obamacare — would result in a 10- to 14-cent increase for customers buying a pizza.


    "I got in a bunch of trouble for this," he told the students. "That's what you do, is you pass on costs. Unfortunately, I don't think people know what they're going to pay for this."...


    Under the Affordable Care Act, full-time employees — those working 30 hours or more per week — would have to be provided with insurance at companies with more than 50 workers. Schnatter said it was likely that some franchise owners would reduce employees' hours in order to avoid having to cover them.


    "That's probably what's going to happen," he said. "It's common sense. That's what I call lose-lose."

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    Re: Papa Johns' CEO: Obamacare will increase our costs, reduce employee hours

    Quote Originally Posted by cpwill View Post
    This thread (and all the others to follow) is dedicated to the Golden Goose Liberals out there who truly honestly believe that it does not matter what burden you put on business, they will keep on magically producing jobs and tax revenue.
    I'm really surprised that any Papa John's Pizza place has 50 full-time employees. I think this is a downright fib. Plus, it says at their corporate site that franchise places offer those benefits already to their employees -- even the part-time ones. What do you make of that? Better Benefits: Papa John's Restaurants | Papa John's: Better Ingredients. Better Pizza.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Papa Johns' CEO: Obamacare will increase our costs, reduce employee hours

    ...

    Is there a hamster population on DB? Because threads are multiplying at an absurd rate.

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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by Grant View Post
    Most Canadians have not bothered to learn French either and there is plenty of oil many of us would prefer to export to the US rather than China.

    Mitt had some very good ideas in his energy programs, I thought, but America has decided to Go Green in a very serious way. It must the Rousseauian, back to nature, noble savage, influence coming from people who can't live without electricity or energy but somehow believe it gets to their home quite naturally, without trees, birds or animals being at all disturbed.
    America is not going green in any serious way. Run the pipeline anywhere else and you will see it connected. Green is an impossibility in today's world in a nation as large as the US. It will take another 100 years of serious R&D for us to get anywhere close to that. The democrats don't like oil because oil likes the GOP. It is a partisan thing, not a fundamental shift in American thought.

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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by PirateMk1 View Post
    I am looking at Panama, Belize, Southern Baja Mexico, and seasteading. It is happening. For me its a matter of when I can.
    There was another poster who exchanged messages with me about doing much the same thing.

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    Re: Papa Johns' CEO: Obamacare will increase our costs, reduce employee hours

    Quote Originally Posted by cpwill View Post
    This thread (and all the others to follow) is dedicated to the Golden Goose Liberals out there who truly honestly believe that it does not matter what burden you put on business, they will keep on magically producing jobs and tax revenue.
    So you're saying there will be a demand for employees who don't need the employer to provide medical coverage? Hmm...looks good for veterans.

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    Re: Papa Johns' CEO: Obamacare will increase our costs, reduce employee hours

    I see at least a couple options here.

    1. raise the cost of a pizza by a buck.

    2. decouple health care from specific employment.

    I prefer option 2, but option 1 should suffice in the short term.

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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by PirateMk1 View Post
    That may be the case. However half the people in the country are against it. Whether or not its confusion is immaterial. Whether or not its benificial in immaterial. Fact is it was rammed down my throat. I didnt ask for it and I didnt need it. I have a HSA which I am perfectly happy with. My rates since this measure passed have gone up. I dont have bells and whistles in my plan to keep it as cheap as possible. After $5000 deductable everything is covered under my plan. 100% including medication with a 10,000,000 lifetime limit.
    My taxes are going up. My expences are going up. And my business is slowing down. I aint a happy camper.
    I'm sorry you have a $10 million limit? What kind of plan do you have? Also part of the healthcare act means in 2014 you can get even more benefits out of your HSA.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by Grant View Post
    So it's been your experience that governments do best in keeping costs down and efficiency up?
    I know that government can influence many things in the economy. Our economy is based on a balanced approach. Unregulated business has proven to be disastrous.

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