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Tuesday, August 07, 2012

John Schnatter: Let Them Eat Pizza

From politico.com ~

Pizza chain Papa John's told shareholders that President Obama's health care law will cost consumers more on their pizza.

On a conference call last week, CEO and founder John Schnatter (a Mitt Romney supporter and fundraiser) said the health care law's changes — set to go into effect in 2014 — will result in higher costs for the company — which they vowed to pass onto consumers.

"Our best estimate is that the Obamacare will cost 11 to 14 cents per pizza, or 15 to 20 cents per order from a corporate basis," Schnatter said.

"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," he said.

"If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best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," Schnatter vowed.

Schnatter is not the first pizza magnate to bemoan proposed or actual changes to federal health care. In 1993, future presidential candidate Herman Cain charged that Bill Clinton's proposed health care reform law would cost his company Godfather's Pizza money and jobs.

A good time to support your local Mom & Pop pizza makers, if they're in your neighborhood. If you live in a place where there are only chains (Domino's is just as right wing as Papa John's, if not more so), it's a good time to try DiGiorno or learn to make your own (I know, a horrible thought) ~ if you actually like his pizza, just make a good sauce and put it on some really dough-ey bread and you'll get the same thing. Also, keep in mind that many of their employees are only part time. This is such a bogus and Romneyesque kind of statement, not to mention, as my father might have said re: this so-called pizza, "Che porcheria" and if you are Spanish speaking as many Papa John employees are, "Que porqueria!" Mr. Schnatter, I don't eat your slop anyway.~ signed, Papa Giovanni (PS: I know it is just an excuse. You were going to raise prices anyway.)

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