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Chris Wysocki
Caldwell, NJ
The nine most terrifying words in the English language are "I'm from the government and I'm here to help." - Ronald Reagan
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Certain people keep telling me Obamacare will reduce costs. Not my costs though, my premiums only go one way. Up. And not a major pizza chain's costs, Papa John's plans to raise prices thanks to Obamacare.
The Patient Protection and Affordable Care Act has been blamed for a lot of things—higher taxes, potential insurance rate hikes, and now, higher pizza prices. According to Papa John's Founder, Chairman and CEO John H. Schnatter, health-care reform will cost the company an additional 11 cents to 14 cents per pizza.
Schnatter added that on a corporate basis, the reform would increase Papa John's price per pizza by 15 to 20 cents.
"If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs. And of course strategies to pass that cost onto consumers in order to protect our shareholder's best interest."
Pay more for insurance. Pay more for health care. And now pay more for pizza.
Is Obamacare the bee's knees or what?
UPDATE 08 Aug 2012 08:24:
Linked by Live at FiveSix at The Other McCain. Thanks Wombat-socho!
Posted at 18:59 by Chris Wysocki
[/obamacare]
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