Papa Johns and Obamacare Makes for an Interesting News Story – Which One Do You Believe?
Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.
Papa Johns and Obamacare has been one of the biggest media mix-ups in a long time. CEO John Schnatter has been reported stating that he was going to cut workers hours, lay workers off, and raise the price of pizzas by 11 to 14 cents because of Obamacare.
If anyone doesn’t know he has been a big supporter of Mit Romney in this presidential election.
Leslie Marshall From USA News reports, Walmart is cutting hours, as is Denny’s, and some other larger franchises like Red Lobster, Olive Garden, etc.
As with the companies mentioned above, those on the right want to blame the president, Democrats, Obamacare, etc.—yet they had layoffs or planned them as far back as 2009 and 2010. Were they all clairvoyant? Did they all know the president would be re-elected? And what if Mitt Romney had been elected? With more Democrats in the House and Senate, would the “repeal and replace” idea of Obamacare have succeeded? I think not.
Papa Johns and Obamacare continued…
As a small business owner let me tell you what this means. Obamacare goes into effect next year. All the employees who work 30 hours or more for a business are entitled to benefits. So as a business owner I no longer have the option of whether or not to provide benefits to my employees. Obama decided that for me.
Leslie Marshall from USANEWS thinks Papa Johns CEO John Schnatter should take a pay cut. She went on to discuss As the owner of two small businesses, when times were tough, I took a paycut—I did not reduce my employees’ hours or their wages. How many zeros is in CEO John Schnatter’s paycheck? Or that of the Walmart CEO? This is a company that even during the recession posted profits.
Brian Montopoli from CBSNEWS reports Papa John’s founder and CEO John Schnatter wrote Tuesday that the media had it all wrong in its reporting on his comments on how the national health care law known widely as “Obamacare” will negatively impact his business.
“Many in the media reported that I said Papa John’s is going to close stores and cut jobs because of Obamacare,” he wrote in the Huffington Post. “I never said that. The fact is we are going to open over hundreds of stores this year and next and increase employment by over 5,000 jobs worldwide. And, we have no plans to cut team hours as a result of the Affordable Care Act.”
Continuing with Papa Johns and Obamacare…
John Schnatter reportedly lives in a 20,000 square foot mansion with a 22 car garage. I think he can afford to give his pizza delivery driver some insurance without letting him go.
Matthew Payne from the Wall Street Journal states that Liberal groups, upset that Papa John’s business decision will hurt employees, are looking to boycott the pizza franchise. As if that will help employees.
Fortunately for Papa John’s, the boycott isn’t likely to have a major impact. There’s an equally energetic Papa John’s “buycott” movement in the works. But it’s worth noting, as we move into Mr. Obama’s second term, that criticizing excessive regulation apparently is grounds for a boycott. And make sure you’re not rich, lest your altruism be questioned.
Papa Johns and Obamacare has ruffled a lot of feathers see below:
Robert Kiyosaki, the founder of the Rich Dad Company and author of the Rich Dad Poor Dad books operates by the rules of the rich than the rules of the poor and middle class.
“This is why I don’t have a job, don’t work for money, get into debt rather than get out of debt, and don’t save money in the bank or have a retirement plan filled with stocks, bonds, and mutual funds. Those are things the rich want the poor and middle class to do, which is why there is no true financial education in our schools.”
Follow Robert Kiyosaki’s advice and live by the rules of the rich. Get started with the Empower Network today by watching the following short video to release your inner entrepreneur.
Living by the rules of the rich…
Steve Smiley
sdsmiley@gmail.com