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Thread: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    lol, what a stupid assertion. This guy is obviously an ideological hack.
    "I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    Quote Originally Posted by American View Post
    What do you actually know about their business? You act as though 20 cents is nothing, but you have no idea if that is true. They are in a very competitive market, you don't know that 20 cents isn't a price increase that will cause issues.
    Quote Originally Posted by dontworrybehappy View Post
    Yea, really. It's people that don't think price increases cause demand decreases that economists consider "clueless" about the economy.
    Assuming the OP is true, I seriously, seriously, seriously doubt that in a business as large as Papa Johns is going to be broken or seriously damaged over 20 cents in pizza costs. That assertion is sheer stupidity. Yes in a simple demand v. supply chart an increase in price will resulted in a decrease of quantity supplied, however those simple charts we did in high school or college also rely on all other things being equal. As we know, all things are never equal for example Obamacare affects more than Papa Johns pizza.

    No international company is so fragile that a 20 cent increase in price of its product is going to capsize the company, if that was the case than something else along the line would have already got it, for example the increase price of gasoline, or a bump in cheese prices or a bad tomato crop that bumps up the price of pizza sauce.

    I'll tell you wait, if you ever find yourself wanting a Popa Johns pizza but you're actually a consumer who calculates his spending to the penny and then makes adjusts to his spending at that level, I will write you a check for $.25 and mail it to you so you don't have to suffer this outrage to your pizza consumption.

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    Quote Originally Posted by Wiseone View Post
    Assuming the OP is true, I seriously, seriously, seriously doubt that in a business as large as Papa Johns is going to be broken or seriously damaged over 20 cents in pizza costs. That assertion is sheer stupidity. Yes in a simple demand v. supply chart an increase in price will resulted in a decrease of quantity supplied, however those simple charts we did in high school or college also rely on all other things being equal. As we know, all things are never equal for example Obamacare affects more than Papa Johns pizza.

    No international company is so fragile that a 20 cent increase in price of its product is going to capsize the company, if that was the case than something else along the line would have already got it, for example the increase price of gasoline, or a bump in cheese prices or a bad tomato crop that bumps up the price of pizza sauce.

    I'll tell you wait, if you ever find yourself wanting a Popa Johns pizza but you're actually a consumer who calculates his spending to the penny and then makes adjusts to his spending at that level, I will write you a check for $.25 and mail it to you so you don't have to suffer this outrage to your pizza consumption.
    Exactly.

    Those who post that "we don't understand economics" -- ? Now hear this:

    You don't understand pizza consumers. Pizza is a very personal taste. A pizza from Papa John's doesn't taste like a pizza from DeVito's down the street. Their sauces are unique . . . their crusts unique . . . their sausage . . . everything. It's not like you're ordering the same product whenever you use your finger to pick out a pizza place in the phone book. Pizza customers are very loyal, and if anyone thinks Papa John's Pizza going up 25-cents is going to effect their sales? They're smokin' pepperoni.

    (I don't order from Papa John's. But Johnny's White Cottage? They could increase their price for a few dollars, and I wouldn't even notice it.)
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    Quote Originally Posted by lpast View Post
    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.


    OMG...a 15 to 20 cent increase on a 14.00 pizza to give 16,500 employees a chance at having health care...

    Anyone that doesnt believe thats a value is NUTS...because if they dont have insurance we will pay far more for their trip to the emergency room...


    Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says
    We knew businesses were going to have to do this. We said it at the time during the last election. This is why you weren't supposed to vote for Obama. We knew who he was and what he wanted to do, and we knew it would harm America, and it is.

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    Quote Originally Posted by Wiseone View Post
    Assuming the OP is true, I seriously, seriously, seriously doubt that in a business as large as Papa Johns is going to be broken or seriously damaged over 20 cents in pizza costs. That assertion is sheer stupidity. Yes in a simple demand v. supply chart an increase in price will resulted in a decrease of quantity supplied, however those simple charts we did in high school or college also rely on all other things being equal. As we know, all things are never equal for example Obamacare affects more than Papa Johns pizza.

    No international company is so fragile that a 20 cent increase in price of its product is going to capsize the company, if that was the case than something else along the line would have already got it, for example the increase price of gasoline, or a bump in cheese prices or a bad tomato crop that bumps up the price of pizza sauce.

    I'll tell you wait, if you ever find yourself wanting a Popa Johns pizza but you're actually a consumer who calculates his spending to the penny and then makes adjusts to his spending at that level, I will write you a check for $.25 and mail it to you so you don't have to suffer this outrage to your pizza consumption.
    Oh Jesus Christ, talk about "not getting it."

    I never said that this 20 cents a pizza price increase will bankrupt the ****ing company. I'm saying that it will decrease demand, meaning if it's 20 cents a pizza now, if there is a 10 percent decrease in demand, that's actually much higher than 20 cents a pizza, more like 25 cents. I mean he threw a number out there, but this stuff is always inaccurate to say the least, and never in a good way.

    The people who are working for a pizza company are usually high school kids who don't need health insurance as they are already covered under their parents plan.

    This feel good crap has to stop. Everything in this country is going up in price and it's always ok if it's going to help some zit faced teenager throwing pizzas in a bag to have health insurance they don't need. Yea, wonderful.
    Last edited by dontworrybehappy; 08-08-12 at 12:25 AM.

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    I feel like telling CEO John Schnatter to take a cardboard box to the ass and that he made me think less of Papa Johns
    ~Following My Own Flow~

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    10 bucks says he was going to raise prices anyway but wanted to get in on Chick-fil-A's windfall.


    Quick, order a pizza if you love freedom!


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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    I agree that the increase is not much for pizza But what about other places we shop at. What about price of gas at the local station , Prices at the movies, food store, hardware store, drug stores, clothing stores, etc.

    In the end of the week, how much more are we going to be paying for products and services we use every day and what is the cumulative costs to the average household? That is the real question. Not that pizza is going up 15-20 cents.

    To paraphrase Pelosi, guess we have to implement the full bill to understand the ultimate costs.

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    Quote Originally Posted by mike2810 View Post
    I agree that the increase is not much for pizza But what about other places we shop at. What about price of gas at the local station , Prices at the movies, food store, hardware store, drug stores, clothing stores, etc.

    In the end of the week, how much more are we going to be paying for products and services we use every day and what is the cumulative costs to the average household? That is the real question. Not that pizza is going up 15-20 cents.

    To paraphrase Pelosi, guess we have to implement the full bill to understand the ultimate costs.
    It's simply amazing how nothing at all went up in price until Obama took office...


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

    Quote Originally Posted by mike2810 View Post
    I agree that the increase is not much for pizza But what about other places we shop at. What about price of gas at the local station , Prices at the movies, food store, hardware store, drug stores, clothing stores, etc.

    In the end of the week, how much more are we going to be paying for products and services we use every day and what is the cumulative costs to the average household? That is the real question. Not that pizza is going up 15-20 cents.

    To paraphrase Pelosi, guess we have to implement the full bill to understand the ultimate costs.
    Depending on the food store or hardware store, the most likely have health care
    Homedepot, Safeway generally provide better benifits then Walmart of fast food places.
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