First it was the coal industry revenging against Obama. Now it seems the Pizza industry is exacting revenge……. or this could be a natural consequence of Obama’s insipidly stupid policies….. either one.
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 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.”
Interesting that the definition of full-time is different for Obamacare than it is for the BLS. But, who thought that fast food places would really foot the bill for the insurance policies? I mean who other than a ridiculous Obamatron?
The cost for a decent coverage insurance policy is simply too great for the typical wages paid to these sort of enterprises. So, people get their hours cut and then the taxpayers foot the bill, or, the lower wage employees pay for it themselves. Why does Obama hate poor people?