Wednesday, August 8, 2012

Papa John's says 'Obamacare' would raise the price of their pizzas

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Pizza chain Papa John's told shareholders that President Obama's health care law will raise the price of their pies. On a conference call last week, CEO and founder John Schnatter (a Mitt Romney supporter and fundraiser) said the health care law's changes 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. More from
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