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In reply to the discussion: Papa John's Idiocy has already cost the company $140M as of today [View all]Michigan Alum
(335 posts)54. One of his competitors who offers full health coverage says this will help them compete!
http://www.huffingtonpost.com/2012/11/15/papa-johns-obamacare-ians-pizza_n_2133050.html
Papa John's CEO John Schnatters recent statement that the Affordable Care Act will force the pizza chain to raise prices came as good news to Nick Martin.
Martin, a part owner of Ians Pizza, a pizza shop with four locations in Wisconsin, said his business has offered full heath care coverage to its 50 full-time employees for years, making it all the more difficult to compete with national chains like Papa John's that pay workers low wages without health benefits.
"This may level the playing field for us, Martin said of the Papa John's price hike. If they have to pay for benefits, and that pushes their prices up closer to ours, it will justify what weve been paying for and what weve been fighting to do the past few years. (Ian's knows a bit about fighting, having fed demonstrators free slices during last year's protests in Madison.
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I will not buy pizza from someone who will not allow me to chip in .15 on health care for Americans.
patrice
Nov 2012
#3
That's the thing about Republicans, you know, sleaze is one thing, some of us are used to it
patrice
Nov 2012
#39
You know? Romnay CAN'T have not known that or someone VERY high in his campaign anyway.
patrice
Nov 2012
#84
Nope, price will continue dropping... at least another 6.00 per share to at least
JCMach1
Nov 2012
#6
Is he really this crazy? Or is there a way for him to make money as his shareholders are screwn?
freshwest
Nov 2012
#24
Wow, I didn't know it was that old... Only saw it here last year. In the Lounge, I think.
freshwest
Nov 2012
#80
Go to link to the DU Glossary? Is it considered an offense to use it, since it originated on FR?
freshwest
Nov 2012
#81
I guess it's not seen as offensive, though, since looking over the list are a couple of freeperisms.
freshwest
Nov 2012
#87
Yes, it can be quite discouraging to find such cliquish meanness on a discussion board for
tblue37
Nov 2012
#90
It is disconcerting to get such responses out of the blue, so it appears. It might be easier if were
freshwest
Nov 2012
#93
I don't know... from what I read yesterday the stock has been going up and down for years.
cui bono
Nov 2012
#9
They have shareholders or board members who report to shareholders who can fire him.
Michigan Alum
Nov 2012
#53
Most stocks are on the skid right now. Apple has taken about a 25% decline in recent mos. nt
Honeycombe8
Nov 2012
#28
The $140 m loss is for stock holders. Unless the company holds 100% it isnt a loss for Papa John.
rhett o rick
Nov 2012
#48
Absolutely. Those that make real money in the stock market love to see the bigger price swings.
rhett o rick
Nov 2012
#51
One of his competitors who offers full health coverage says this will help them compete!
Michigan Alum
Nov 2012
#54
I used to buy from Papa John's and Pizza Hut. From now on, it's Pizza Hut and Little Caesar's. nt
Sarah Ibarruri
Nov 2012
#69
Certainly that, but I'd also point out that Little Caesars is owned by Democrats. n/t
backscatter712
Nov 2012
#83