Papa John's CEO: Pizza Prices Going Up, Because of Obamacare
admin | On 08, Aug 2012
We all knew this was going to happen sooner or later, once the Obamacare monster was spawned. However, it still comes as a bit of a shock when it truly begins to affect our daily lives. We predicted that prices would go up …but even then, that was just a prediction, based on values and wisdom we’ve possessed since grade school. However, the chilling feeling of reality has begun to take hold as headline after headline shows rising prices as a result of the Obamacare monopoly system. So, it seems we’re not crazy after all.
Yet another testament to this fact is that the CEO of Papa John’s, John Schnatter, has publicly stated that he is forced to raise prices on their scrumptious pizza’s. We believed him when he said that they had better ingredients, but one of those ingredients is labor, and that cost has risen. In order to keep the company afloat, the consumer must suffer:
Papa John’s warns it will have to raise the price of its pizzas due to President Obama’s health care law.
John Schnatter, CEO and founder of Papa John’s, said pizza will cost up to 14 cents more when the Affordable Care Act goes into effect in 2014. [CBS DC]“
Now, 14 cents isn’t much, but that is only one company. Company after company will show higher prices to offset the costs. The CEO tells it like it is,
We’re not supportive of Obamacare, like most businesses in our industry. But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare,” Schnatter said in a conference call during last week’s shareholder’s meeting, according to Politico.
Schnatter later added: “If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best interests,”
That’s just how it goes. There is no such thing as a free lunch. Even if some Americans want cheaper and cheaper healthcare, it’s not like it will be free. You are going to have to pay for it every time you buy pizza, a bar of soap, cash a check, pump gas, and whatever else you buy every single day. Ultimately, the folks who are going to pay for Obamacare will be you. You pay the tax to pay for bureaucracy, and you’ll pay for the rising costs of medical services every time you want a delectable pepperoni pizza delivered to your door in a timely manner.
Congratulations, America …you still get to pay for your healthcare, and maybe someone else’s too.