Papa John's CEO: Obamacare to Raise Costs and Cut Employee Hours
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- Created on Wednesday, 14 November 2012 08:16
- Written by Cliff Levine
Papa John's CEO John Schnatter has been an outspoken critic of Obamacare because of the massive costs it imposes on businesses. One day after the disastrous election, Schnatter spoke at a college about the impact of the law. This followed what liberals called "controversial" comments in August when the CEO said Obamacare would increase the price of pizza for customers. The fact is that when government regulations impact business financials, companies pass on the costs to consumers.