ObamaCare and the Price of Pizza
doofiegirl POTL~PWCM~JLA
2012/08/09 17:57:49
There may be some voters who are indifferent to the impact ObamaCare will have on the economy or even to the way it seeks to diminish religious freedom. But will they stand for an increase in the price of pizza? The founder and CEO of the Papa John’s pizza chain isn’t making any predictions on the presidential election, but he is promising a price hike on his product if the president’s signature health care legislation isn’t derailed by the November election. As Business Insider reports, John Schnatter said the additional costs ObamaCare will burden his business with will result in his pies costing 11 to 14 cents more per pizza and 15 to 20 cents per order. Because it will cost his company more to operate, the ObamaCare government surcharge will, he promised, be passed on to consumers.
Papa John’s isn’t alone in seeing a price increase in their futures. As the magazine relates, in its most recent earnings call, McDonald’s said the health care plan will cost their stores an extra $10,000 to $30,000. While the vast expansion of government power involved in the bill will result in more federal expenditures, the pizza magnate’s comment highlights the fact that it will create an across-the-board surtax on virtually all expenditures by families and individuals. This will mean an increase in the cost of living that will hit the poor a lot harder than the rich the president claims to want to tax. President Obama is seeking to demagogue Republicans about their sensible refusal to raise taxes on the people who fund investment and savings. But his claim that only the rich will have their taxes raised is given the lie by the fact that so much of the staples of life for the poor will be more expensive if the president has his way.
Papa John’s isn’t alone in seeing a price increase in their futures. As the magazine relates, in its most recent earnings call, McDonald’s said the health care plan will cost their stores an extra $10,000 to $30,000. While the vast expansion of government power involved in the bill will result in more federal expenditures, the pizza magnate’s comment highlights the fact that it will create an across-the-board surtax on virtually all expenditures by families and individuals. This will mean an increase in the cost of living that will hit the poor a lot harder than the rich the president claims to want to tax. President Obama is seeking to demagogue Republicans about their sensible refusal to raise taxes on the people who fund investment and savings. But his claim that only the rich will have their taxes raised is given the lie by the fact that so much of the staples of life for the poor will be more expensive if the president has his way.
Read More: http://www.commentarymagazine.com/2012/08/07/obama...
After my last physical in June 2012, my doctor was entering certain info into his computer and I asked him about it and he said that it was Obama's requirement that all medical records be online. It was hunt an peck type of data entry as he was a doctor a few years before the PCs became available.
After a few minutes of watching that stuff and important question enters my mind: I asked, "Does the time you spend on the computer decrease the patients you see each day by one or two"? 2 to 2 1/2 a day less was his reply.
11 less patients a week, clinic revenue decreased by 11 patients. People waiting longer to see the doctor, which translates into less spending on healthcare, but sicker patients.
Many Republicans are likely to pass on the cost to their customers, whilst many Democrat businesses will share the burden between owner and their shareholders.