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CEO of Papa John's says employees' hours will likely be cut due to ObamaCare (GOOD!)
fox news ^ | 11/11/2012 | fox news

Posted on 11/11/2012 7:11:37 PM PST by tobyhill

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.

(Excerpt) Read more at foxnews.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: jobless; jobs; layoffs; obama; obamacare; obamanomics; obamasfault
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To: txnativegop; Jonty30

Yikes.

That hurts families!


21 posted on 11/11/2012 7:32:15 PM PST by Salvation ("With God all things are possible." Matthew 19:26)
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To: unixfox

Oh. Thanks.

What about this question. I live in Texas. My employer is based in California. Does my employer have to follow California’s standards or Texas standards?


22 posted on 11/11/2012 7:40:28 PM PST by Hound of the Baskervilles ("Nonsense in the intellect draws evil after it." C.S. Lewis)
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To: RRismyhero

insane liberal??
isn’t that redundant??


23 posted on 11/11/2012 7:41:53 PM PST by genghis
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To: tobyhill

Government has no business mandating a company or a private citizen to get health insurance. The people in charge writing laws are the worse of our society. I distrust them more every day. (Thank you, Justice Roberts-hope you are freakin happy in your ruling in what you caused and it still didn’t take the issue off of the table for Romney, did it)


24 posted on 11/11/2012 7:46:30 PM PST by Christie at the beach (I like Newt.)
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To: genghis

touché


25 posted on 11/11/2012 7:48:16 PM PST by RRismyhero (Mr. Obama - You can keep your change.)
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To: Hound of the Baskervilles

Texas


26 posted on 11/11/2012 7:49:27 PM PST by eyedigress ((zOld storm chaser from the west)/?)
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To: Retired Chemist

Probably nothing because it’s advertising.


27 posted on 11/11/2012 7:51:26 PM PST by Rebelbase (The most transparent administration ever is clear as mud.)
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To: tobyhill

Ordered ours tonight.


28 posted on 11/11/2012 7:51:50 PM PST by gotribe
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To: eyedigress

THANKS!


29 posted on 11/11/2012 7:53:10 PM PST by Hound of the Baskervilles ("Nonsense in the intellect draws evil after it." C.S. Lewis)
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To: Hound of the Baskervilles

Let me take a wild guess here: you’ve never owned or run a business, have you?


30 posted on 11/11/2012 7:54:39 PM PST by C. Edmund Wright ("WTF?: How Karl Rove and the Establishment Lost....Again")
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To: RRismyhero

Chik-Fil-A - The Sequel


31 posted on 11/11/2012 7:58:23 PM PST by dfwgator
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To: tobyhill

Just fire all the Democrat workers:)


32 posted on 11/11/2012 8:04:30 PM PST by Beowulf9
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To: tobyhill

You folks don’t get it. This will fix the unemployment, and put millions of people back to work. Let’s say you had 40 people working 40 hrs/week. If you cut them all back to 29 hours, then you will have to hire 15 more part-time employees to keep your manpower hours at 1600/week. This will drop the U3 unemployment rate.

Hoooray!!! Obama created more new jobs!!!!


33 posted on 11/11/2012 8:24:01 PM PST by eastexsteve
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To: eastexsteve

And it creates more dependency sine few can live on hours reduced like that.


34 posted on 11/11/2012 8:25:29 PM PST by newzjunkey (Obama thanks Pontius Pilate Freepers for giving him four more years!)
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To: tobyhill

Adam Smith’s Invisible Hand: Quicker than the Dems’ eyes.
Now they will try to make “full-time” a twenty hour week.
And Papa John will cut everyone’s hours to nineteen. Good!


35 posted on 11/11/2012 8:40:59 PM PST by tumblindice (America's founding fathers: All armed conservatives.)
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To: tobyhill

All retail businesses are going to forced to follow suit


36 posted on 11/11/2012 8:46:01 PM PST by GeronL (http://asspos.blogspot.com)
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To: eastexsteve

YP. I called it “Obama’s Job Sharing Plan”


37 posted on 11/11/2012 8:50:57 PM PST by GeronL (http://asspos.blogspot.com)
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To: tobyhill

I believe I read that the IRS will go back 6 mos prior to ensure this wasn’t a way around the 29-30 hr story.


38 posted on 11/11/2012 8:55:12 PM PST by MarineMom613 (RIP Sandra Sue, my fur baby 12/31/1999 ~ 7/2/2010 - See you on the other side!)
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To: RRismyhero

The libtards are out in force in all the comment sections of every story of lay offs by companies in the up-coming year or two.

They’ll NEVAH blame their black Messiah and his screwed up nanny state programs.


39 posted on 11/11/2012 9:33:47 PM PST by snarkytart
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To: tobyhill

It’s going to be funny to watch all these liberals get their hours cut in EVERY occupation. Especially healthcare. Too bad for those who voted against obama.

Of course, all obama has to do is sign an executive order making it the law that ALL part time employees must be covered.


40 posted on 11/11/2012 9:44:05 PM PST by Terry Mross (No liberal who isn't prepared should be askin' me for help. It won't be pretty.)
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