Strange how just about everything seems to go up in cost thanks to Obamacare (via The Lonely Conservative)
(Fox Business) 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“If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs.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.â€
OK, 15-20 cents is not a lot. But, add that to the escalating costs of, well, everything. Because the same will happen at pretty much every business, which will add up. Papa John’s is surely not the only one. Domino’s, Pizza Hut, the local place you buy pizza. Fast food stores. Supermarkets. Target. Automotive. Pharmacies. Clothes. The costs will rise at all retail outlets. Those costs will get passed on.
