According to CBS:
John Schnatter, CEO and founder of Papa John’s, said pizza will cost up to 14 cents more when the Affordable Care Act goes into effect in 2014.
Of course this isn’t REALLY about pizza prices. This is about businesses preparing themselves for the unknown impact that Obamacare will have on their ability to operate. There is no question that businesses will pass on their increased Obamacare-overhead to customers.
Schnatter later added: “If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best interests.”
The questions is: How many business owners will have a similar attitude and aggressively follow suit? Will that set off a chain reaction with consumer spending and the nation’s economy?