Posted on 11/16/2012 6:59:39 PM PST by 2ndDivisionVet
Papa John's CEO John Schnatter is going to cut his workers' hours, lay off workers, and increase the price of his pizzas by 11 to 14 cents. Why? Because the president was re-elected. More specifically, due to Obamacare. And he is not alone. Walmart is cutting hours, as is Denny's, and some other larger franchises like Red Lobster, Olive Garden, etc.
As with the companies mentioned above, those on the right want to blame the president, Democrats, Obamacare, etc.—yet they had layoffs or planned them as far back as 2009 and 2010. Were they all clairvoyant? Did they all know the president would be re-elected? And what if Mitt Romney had been elected? With more Democrats in the House and Senate, would the "repeal and replace" idea of Obamacare have succeeded? I think not.
What these companies and their owners are missing is personal responsibility.
As the owner of two small businesses, when times were tough, I took a paycut—I did not reduce my employees' hours or their wages. How many zeros is in CEO John Schnatter's paycheck? Or that of the Walmart CEO? This is a company that even during the recession posted profits.
In California, the state I live in, businesses are required to pay for 50 percent of their employees' health benefits if the company has a group healthcare plan in place. This was long before Obamacare, long before the president was elected the first time around. And California's not alone—other states have similar things in place...
(Excerpt) Read more at usnews.com ...
And they still don’t see how Russians ended up standing in line for hours at empty supermarkets.
My uncle did this once along with getting a few of his long term employees to take a cut and it still only helped them scrape by for another month or so.
The left really believes all CEOs have vast vaults filled with trillions of dollars.
Are they suggesting that the CEO makes a dime off of every pizza sold?
There aren't enough rich people in the country -- we could take absolutely everything from the rich people, and it still wouldn't balance the books. Punishing the rich is not a solution.
Limiting the stupid spending is the only way to salvage anything. What Papa John's is doing is limiting the spending, by cutting his workforce -- and he's taking a balanced approach too because he's increasing revenue by raising prices. But that's not good enough for Liberals. Noooooooooooooo! They just want to raid his bank account. Just because.
I’m still shaken my head after reading the article. The author may be a complete moron. What will he say when the other pizza companies announce that they too are lowering hours and raising prices?
She is an idiot....typical leftie who lives in Mexi-fornia. She has NO clue as to whether the CEO has taken a pay cut because she offers NO hard data. She gives NO clue as to what type of businesses she ‘runs’. And she gives NO hard data as to how she cut her wages to pay her employees.
It is one thing if you run a business with less than 50 folks to impact employees by having executives take a pay cut. It is quite another when you run a national business with thousands of employees...The woman shows an entire lack of accounting and management principles
Nonsense. Schnatter does not avoid taking responsibility and, beyond that, gives back to his community.
Oh, the Huge Manatee.
An idiotic statement.
“Comments?”
Just one: Liberals are incoherent idiots who couldn’t lead ants to a picnic, let alone run the country.
I wish they’d go back to North Korea. I really do.
Talk is cheap.....how do we know what you did?
They will. Olive Garden, Red Lobster, Kroger etc will be joined by almost all retail-level outlets.
The answer is ALWAYS "keep the money flowing to US", vs. the working/investors should give up their returns. It's ALWAYS about what they can get from others, and NEVER that they push too far and ask too much. That's how they priced themselves out of the market, forced importing of Illegals to work for less money, AND, why businesses that CAN, move their facilities out of the USA.....Extort via Unions, then tax them up the ass, to fund the Unions' Pensions and Benefits when the company goes belly up, or the business shuts down.
Any business that does not extract every penny in profits this year is going to end up in a jam when taxes are increased in January.
No wonder that companies are liquidating assets and laying off employees. Next year is not going to be so easy on them in the tax arena.
“In California, the state I live in, businesses are required to pay for 50 percent of their employees’ health benefits if the company has a group healthcare plan in place.”
What a great model for success. What’s next, Greece as an example of what to emulate?
Does that stupid bitch not think Papa John went through some tough times in the early days too? What an idiot. He can afford now to do what he wants - and good for him.
Putting aside the question of who is she to tell someone else how to run his own business, the author does not say how many people she actually employed. If it were only her, her friend, and her pet poodle, maybe an executive pay cut would work.
But Papa John's has over 4000 locations. So it must have tens of thousands of employees. A small business model would not work here.
They sure do! That's how the government model operates, so it must be true.
(Funny how they never demand that Uncle Sam go on a diet.)
“She gives NO clue as to what type of businesses she ‘runs’. And she gives NO hard data as to how she cut her wages to pay her employees.”
That’s alright with me. We are a partnership in a production company in Hollywood and we fired our resident obama-voting liberal because we can provide the math too that this puke needed to go.
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