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papa john schneider of papa john's pizza is no fan of obama care and he has for
months now been rallying against obama care against the re-election of
president obama which is now happen he was a mit romney supporter mit romney
fundraiser
leading up to the election now that the election is over he's basically doubling
down
on his claim that health care reform obama care the affordable care act
is going to force his company to increased pizza costs by ten to fourteen
cents per pod
he estimates that obama care might end up costing four five two eight million
dollars annually
now just for comparison for what this means in september they announced they
were giving away two million three pieces
of course that was to build brand awareness i was a marketing thing
it's estimated that that would be anywhere from twenty four thirty two
million dollars in pizza revenue self it's very good to know
that the twenty four to thirty two million in pizza revenue which would
have gotten some new customers
that's not a stretch it all
but five two eight million to provide health care to his employees
the company depends on the employees
that's really good i heard a voice that i mean it's a deal breaker that's gonna
be a deal breaker i might have to pay it and i may have to pay an extra dime from
pizza for that
and that's ok responded to me because i started looking into the logistics it
just doesn't make any sense to me
the median age of employees at papa john's is twenty two years old
now x twenty two because of obama care these employees can remain on their
parents health insurance
let's say they'd give race if their parents have no cancel exetel and i'm
not going to the logical arteries
let's say their parents don't have health insurance as producer louis
metallica so
a steely pointed out
if their median income is below twenty five thousand which it is
for these average and plays at papa john's
there on american eligible for medicaid
what does this leave let's eliminate all of these employees this leaves upper
management right upper management needs health care
their over twenty two years old and make more than the minimum to qualify for
medicaid
they need health care according to papa john's own website just go to papa
john's website look an employee benefits
salaried employees like their upper management
already
get health insurance benefits so what are we talking about i'd just don't know
that i believe what papa john schneider is saying here
prodigious piano
meanwhile what's the point is he not even understand pro obama carepets
companies he should make a political statement we see that i think it is any
let's think about it twenty cents a pizza is nothing compared to the cost of
adding an extra topic
and it's more than half the price of extra garlic sauce i think extra garlic
sauce is fifty cents
twenty cents a pizza now is going to be make or break for you
instead of raising the cost of the pizza
by the amount most people can find and change in there so far
papa john schneider has chosen instead to punish
the employees that are the backbone of his own wealthy just to make a political
statement now
what is his own well here's a forty thousand square foot mentioned
it as a private golf course and a twenty two car garage i wonder if the employees
to maintain the golf course in the garage today have health insurance
there's a lot of questions the bottom line on papa john schneider and the
piece in there
there's plenty of places to get crappy disgusting pizza why not get it from
somewhere other than papa john's right that the the crappy pizza market is
pretty saturated papa john is not cornered the market
on terrible pizza you can go anywhere
why go to their for for terrible pizza
however must repeat manning pain it's time to sell
the fda franchise you just bought a bridal he's involved is very involved in
a dozen payton
you're on there
and by the way let's go even further if all we have to do is paid twenty cents
more for a pizza
as a result of obama care to cover all of his employees
that's pretty good that's actually it's almost
a testimony
to have a great ot bot like yours for only twenty cents a pizza
at papa john's
his entire
slew of employees discovered that's pretty good isn't it time
yeah i mean once again ah...
i would much rather have the first-world country that we live in uh... not have
citizens that go bankrupt because of medical bills and pay little bit more
for bad pizza exactly the bad pizza market has some price elasticity it can
tolerate
twenty more sense