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Companies cut hours - citing Obamacare

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Please conservatives, keep it up with this handout crap and see how many elections you win. The real health care you speak of had us ranked 37th in the world even though our per capita spending is #1, now with the AHCA we can spend less and get better care.
I have a real nice piece of ocean front property to sell you here in Kentucky, LOL!
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I heard somewhere that Papa John's could cover all of their employees by charging just 15 cents extra per pizza. I'm willing to spend the extra $0.15.

 

 

Breaking Down Centi-Millionaire 'Papa' John Schnatter's Obamacare Math - Forbes

 

A. Correct - 15 cents per pie covers it.

 

2. The cost of the 2 million freebies exceeds the projected healthcare cost for the company.

 

D. Am I wrong (it's happened on occasion) - does the Act become effective in 2014?

 

.

Well you can't have it both ways. Either take the responsibility of health insurance off of employers entirely by having a centralized insurance system or you put the burden on employers. Currently, you have to offer health benefits to anyone working 40 hours per week. This is why folks in retail and restaurant work only get 39 hours per week to work. Most have 2 part time jobs as it is. Obama-care is reducing this to 30.

 

It has become too expensive for each state to have its own health insurance regulatory framework. Insurers have to cope with 50 different systems and this is a barrier to entry. One federal framework, that is administered and implemented by the states would be more efficient and promote more competition among insurers.

PS - Heaven forbid we have food service workers that are healthy and free of contagious diseases. We can't have that, now.

The real question is: how much are you willing to spend on a pizza?

 

Zero on Papa John's. It is my least liked pizza.

I realize that I will never win over the narrow minded, but to get past rhetoric and into real numbers I will give it a shot:

 

In January of 2009 the US ranked 4th on the planet in economic freedoms. We now rank 10th and are falling:

 

Index of Economic: Promoting Economic Opportunity and Prosperity

 

In Jan of 2009 gas averaged $1.84 per gallon; now it is double that nationwide (albeit a little lower in KY):

 

Average gas prices--January 26, 2009

 

in Jan of 2009 the national debt was a little over 10 trillion; it now exceeds 16 trillion. Make no mistake about it, the national debt will approach 25 trillion by 2016. As more people are laid off/let go, more will apply for assistance (and deservedly so), and this doesn't scratch the surface of the aging population. Where everyone thinks the "free" stuff comes from I do not know. Our economy will continue on this path until we can no longer borrow, but that is probably a long ways away as we are pretty powerful in terms of military might if nothing else. The rock bottom is probably 20-30 years away, which makes me ache for my grandkids.

 

(note: I make about 55K per year and live in a modest home. I am nowhere close to rich. My college degrees are in Finance and Political Science and I don't always vote Republican. I just think that in the last 30 years that I have voted, this election was particularly polarizing and boiled down to personality and perception much more than it did to people really having a deep understanding of the issues/consequences.)

I'm going to have to spend about double, and our coverage will be diminishing as well, so you couldn't be more wrong.

 

Healthcare is not a right, it's a privilege. You can't afford it, sucks to be you. So sick of entitlement programs.

 

In your opinion it's a privilege, not mine and not the majority of this country.

In your opinion it's a privilege, not mine and not the majority of this country.

 

Would be curious to know why you feel people are entitled to free coverage while others foot the bill?

In your opinion it's a privilege, not mine and not the majority of this country.

 

According to CNN's exit polling, voters want the Health Care law repealed by a 49%-44% margin.

Would be curious to know why you feel people are entitled to free coverage while others foot the bill?

 

Last time I check, you would still have to pay under the AHCA to be covered. But then again, I could be wrong.

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I love it. PapaJohn's can give away 2 million free pizzas, but can't spring for healthcare.

 

The franchises are not his.

 

Its the franchise owners who can not afford the bill.

 

Can Papa Johns corporate or Applebee's corporate afford ACA? Maybe. Can the much smaller franchises that are on much smaller margins and much more highly leveraged? Less likely. The 2 million pizzas are coming from Papa, not the franchise owners.

 

So they will cut everyone's hours to 27.9 and not provide them insurance. Then the employees will have to buy the insurance from the state exchanges - assuming their state offers an exchange and pay for it with their 27 hour a week pay. Vs. having some moderate insurance and making 40 or more hours of pay in a week. If their state has no exchange - and many will not it looks like they get the penal...oops...sorry...tax (according to the supreme court).

 

So the employees get less hours, no insurance at all and they have to pay an extra tax the following year.

Papa John's is the worst ran pizza franchise in the world. I worked there for 5 years of my life and I had already vowed to never pay for their crap pizzas ever again before Schnatter started crying. If the state finals were still played at Papa John's stadium I wouldn't go. He's an idiot.

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