CEO of Papa John's says employees' hours will likely be cut due to ObamaCare
 

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The CEO of popular pizza chain Papa John's says his employees may face reduced hours and he expects his business costs to rise because President Obama's re-election most likely insures the president's health care reform law will be implemented in full.
NaplesNews.com reports John Schnatter made the remarks to a small group at Edison State College's Collier County campus the day after the election.
Schnatter, who supported Mitt Romney in the election, said all Americans having health insurance under ObamaCare is a good, but estimates the change will cost Papa John's $5 million to $8 million annually.
Schnatter estimated that these rising costs could adversely affect his workers. Since only full-time employees working 30 hours or more must be covered under the new law, he said he expects franchise owners will be forced to cut employees' hours because they can't afford the costs of health insurance plans.
"That's probably what's going to happen," he said according to NaplesNews.com. "It's common sense. That's what I call lose-lose."


Read more: CEO of Papa John's says employees' hours will likely be cut due to ObamaCare | Fox News

Re: CEO of Papa John's says employees' hours will likely be cut due to ObamaCare
 

Other companies will likely do the same. I approve wholeheartedly.

Everyone was warned. You made this bed, now sleep in it.

Re: CEO of Papa John's says employees' hours will likely be cut due to ObamaCare
 

Just gonna keep on happening.

This is what happens when America lets an idiot tinker with something about which he knows nothing. He and the democrats were hell bent on this thing, and it will (I hope) cost them eventually. Unfortunately it will cost the average American a lot more a lot sooner.

Let it burn baby. It's going to have to hit rock bottom, and we are well on our way.