Page 7 of 35 FirstFirst ... 5678917 ... LastLast
Results 61 to 70 of 349

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

  1. #61
    Sometimes wrong

    ttwtt78640's Avatar
    Join Date
    May 2012
    Location
    Uhland, Texas
    Last Seen
    Today @ 06:47 PM
    Gender
    Lean
    Libertarian
    Posts
    34,566

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

    With all of those trees in the way, that forest is indeed very hard to see. The point of the Papa John's CEO is that PPACA (ObamaCare) mandates raises in the LABOR costs that MUST BE PAID by ALL employers. That is not opinion, an option or spin; that is exactly what PPACA was designed to do. Medical care in the U.S. is about 18% of the GDP, pretending that paying AT MOST 9.5% of everyone's salary will cover that cost is a JOKE, or a mathematical impossibility. Medical care insurance costs are not going DOWN under PPACA they are going UP, that must be paid by employers as they are RESTRICTED by law from "overcharging" their employees for medical care insurance, in other words, the employer must eat MOST of the cost increase.

    Look at what the EMPLOYERS must pay under PPACA to meet the legal minimums:

    Average Cost of U.S. Health Coverage per Employee is Expected to Cross... -- LINCOLNSHIRE, Ill., Oct. 3, 2011 /PRNewswire/ --

    http://ehbs.kff.org/pdf/8226.pdf

    Average Employer Healthcare Costs Exceed $6,800, New Survey Reports

    Employer Health Benefits 2011 Annual Survey | Section 1: Cost of Health Insurance

    Employer Costs for Employee Compensation news release text
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  2. #62
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

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

    Quote Originally Posted by VanceMack View Post
    Sure...an easy position to take Bill. After all...what does it cost you?
    I have been around long enough to know that there are 3 absolutes in life, not 2.....
    There is death and taxes, and the cost of living going up...

    What does it cost me? not much, I have coupons....
    Oracle of Utah
    Truth rings hollow in empty heads.

  3. #63
    Banned
    Join Date
    Jun 2006
    Last Seen
    08-29-17 @ 09:28 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    16,575

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

    Quote Originally Posted by VanceMack View Post
    Edit: My bad. You were all for the increase.
    I'm not for the increase, so stop lying. I simply don't care that the price of pizza may go up 20 cents. I'd rather it didn't, but I'm not upset it is.

  4. #64
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

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

    Quote Originally Posted by ttwtt78640 View Post
    With all of those trees in the way, that forest is indeed very hard to see. The point of the Papa John's CEO is that PPACA (ObamaCare) mandates raises in the LABOR costs that MUST BE PAID by ALL employers. That is not opinion, an option or spin; that is exactly what PPACA was designed to do. Medical care in the U.S. is about 18% of the GDP, pretending that paying AT MOST 9.5% of everyone's salary will cover that cost is a JOKE, or a mathematical impossibility. Medical care insurance costs are not going DOWN under PPACA they are going UP, that must be paid by employers as they are RESTRICTED by law from "overcharging" their employees for medical care insurance, in other words, the employer must eat MOST of the cost increase.

    Look at what the EMPLOYERS must pay under PPACA to meet the legal minimums:

    Average Cost of U.S. Health Coverage per Employee is Expected to Cross... -- LINCOLNSHIRE, Ill., Oct. 3, 2011 /PRNewswire/ --

    http://ehbs.kff.org/pdf/8226.pdf

    Average Employer Healthcare Costs Exceed $6,800, New Survey Reports

    Employer Health Benefits 2011 Annual Survey | Section 1: Cost of Health Insurance

    Employer Costs for Employee Compensation news release text
    and employers will do what they always do, cut costs elsewhere. Don't plan on any decent pay raises for the next decade or 2....
    I am retired for 8 years now, since age 58....and saw this coming back then. Salaries are often THE biggest expense, and not too hard to trim when they really want to cut costs....
    Oracle of Utah
    Truth rings hollow in empty heads.

  5. #65
    Banned
    Join Date
    Jun 2006
    Last Seen
    08-29-17 @ 09:28 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    16,575

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

    Quote Originally Posted by VanceMack View Post
    Well...we ARE having a discussion on an online bulletin board. The company is being forced to provide health coverage so they will adjust their prices. Seems about right.
    Yes it does and you are all upset over it.

  6. #66
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 06:50 PM
    Gender
    Lean
    Independent
    Posts
    54,657

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

    Quote Originally Posted by UtahBill View Post
    I have been around long enough to know that there are 3 absolutes in life, not 2.....
    There is death and taxes, and the cost of living going up...

    What does it cost me? not much, I have coupons....
    Or better yet...just dont shop there! That will really show them.

    I will bet what this policy will mean is that instead of them (or Little Caesars, or any of the fast food places) hiring 20 people they will scale back their employees by about 25%. Sure...they will have less employees but they will cover the ones they keep.

  7. #67
    Banned
    Join Date
    Jun 2006
    Last Seen
    08-29-17 @ 09:28 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    16,575

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

    Quote Originally Posted by VanceMack View Post
    Sure...an easy position to take Bill. After all...what does it cost you?
    If he buys Papa Johns, it will cost him an extra 20 cents per pizza. Again, big deal in comparison to rising costs in gas. I don't see you getting all butt hurt over the rise in oil prices though, why pizza?

  8. #68
    Sage

    Join Date
    Mar 2012
    Location
    okla-freakin-homa
    Last Seen
    Today @ 05:33 AM
    Gender
    Lean
    Progressive
    Posts
    12,619

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

    Thats apples and oranges, GDP and percent of wages are not a simple comparison.

    Rather than abandon the attempt to fix our run away healthcare problem, we should take the next step. Other countries negotiate drug costs with Big Pharma for Gubmint programs like our Medicaid/care. Our's is prohibited from such cost curbing measures.

    With any luck we are entering an era where healthcare is finally being addressed without all the drama.

  9. #69
    Ideologically Impure
    Simon W. Moon's Avatar
    Join Date
    Apr 2005
    Location
    Fayettenam
    Last Seen
    Today @ 03:18 PM
    Gender
    Lean
    Conservative
    Posts
    16,910
    Blog Entries
    5

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

    Quote Originally Posted by johnny_rebson View Post
    Thanks to ObamaCare, your favorite pizzeria might be going out of business.
    Papa John's isn't likely to go out of business any time soon because they raised their prices less than a quarter a pie.
    Quote Originally Posted by dontworrybehappy View Post
    That's assuming the same number of people order pizza.
    With price increases come volume decreases.
    Actually it assumes that the number of people who order a $20.25 pie will be 99.9875% of the people who ordered a $20.00 pie.

    And since all pizza places are subject to the same law, it seems that all pizzas should end up going up in price by about the same amount.

    I have real doubts that this will impact sales volume.
    I may be wrong.

  10. #70
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

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

    Quote Originally Posted by VanceMack View Post
    Or better yet...just dont shop there! That will really show them.

    I will bet what this policy will mean is that instead of them (or Little Caesars, or any of the fast food places) hiring 20 people they will scale back their employees by about 25%. Sure...they will have less employees but they will cover the ones they keep.
    then he must have had too many employees to start with....again, even a poor businessman knows that costs tend to go up, surely John knows this as well...
    Oracle of Utah
    Truth rings hollow in empty heads.

Page 7 of 35 FirstFirst ... 5678917 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •