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 ...
Exactly.
If you OWN a company, it is not a social project unless that is what you want it to be. You should have the freedom (what a quaint notion) to run your company as you see fit.
If you OWN it and want to run it as a social engineering product like Atlas Shrugged’s Twentieth Century Motor Company, then...be my guest. If you like to piss people’s money, jobs and livelihood away, have at it.
If you want to sell the company or just fire everyone and liquidate the assets because you want more money or want to get your initial investment back, it SHOULD BE UP TO YOU.
This makes me madder and madder the more I dwell on it. This is why industry has deteriorated in this country so precipitously over the last four decades.
Dimwits like this author who supposedly ran businesses believe there is no correlation between robust industry and a good economy. They see the purpose of industry as simply a tool to serve workers without realizing it is the industry that provides workers with the livelihood that allows them to pay the taxes they love so much into the various local, state and federal coffers.
Trust me. Price and wage controls are on the way, as are regulations against hiring and firing as you as a owner/CEO see fit. Heck, those hiring/firing regs are already in place to a degree.
I have been blessed to work for a good company for 25 years, but the default reason I believe I am there is to provide value to THEM to want to keep me around, not for THEM to provide me with money. Liberals accept as default the exact reverse.
Our country is so screwed, because there are apparently more of them than us, and they will get their way.
In other words, the default position of liberals (completely the opposite of the conservative view that we are entitled to the fruits of our labor) is:
"ALL YOUR MONEY BELONGS TO THE GOVERNMENT BY DEFAULT, WHO DECIDES WHAT YOU GET TO KEEP."
Interesting.
You view a one time marketing giveaway of free pizza as somehow comparable to an ongoing, year after year, uncontrollable, government mandated cost to a company that is certainly in the future going to end up costing the company far more than the government says it will?
I presume you accept that the government did its math correctly and has accounted for everything down to the last penny? Heck, for all we know, Obamacare might even cost LESS than they say it will, and that is a a valid outlook, right?
From your comments, I have to assume you think the government has the right to over-regulate and micromanage what an owner can and cannot do with his own property that he has earned and accrued.
It's his BALL, and as a matter of FACT, he can take it home.
Next time they bring their own ball to play with. See how that works?
Where was all this outrage when Solyndra went bankrupt and the execs went home with millions?
I CHARGE that this Dimwit NEVER owned a business. Words are cheap, proving it much costlier. She has no case, and I suggest this case is closed. Give these idiots NO ATTENTION
BTW: you spoke much truth in your post, but you will never get the LIBs under age 40 to understand capitalism. Everything belongs to them, the most rude & precious generation ever. You have experienced this group, I'm sure.
BTW P.S: Just announced that the UNIONS (?which ones) are going to protest Wal Mart on Thanksgiving Day. Why, because they are OPEN.........lol. I have got some shopping to do that day.
I view Papa John as being disingenuous when he complains about costs rising $5 - $8 million dollars a year causing his company all this potential financial hardship. According to the Forbes column I linked earlier Obamacare will cause PJ costs to increase by between 3 and 4 cents per pizza pie. And what does PJ do? Uses that to justify an almost 12 cent increase, nearly 3x the expected Obamacare impact, in pizza pie prices and cut back on labor costs.
I presume you accept that the government did its math correctly and has accounted for everything down to the last penny? Heck, for all we know, Obamacare might even cost LESS than they say it will, and that is a a valid outlook, right?
I presume that Forbes knows what it is writing about when it comes to business items.
From your comments, I have to assume you think the government has the right to over-regulate and micromanage what an owner can and cannot do with his own property that he has earned and accrued.
You "have to" assume that? :unsure:
And Schnatter didn't earn and accrue what he has in a vacuum. Where would his empire be without 10's of thousands of people willing to work at subpar wages and little to no benefits? I don't begrudge him becoming wealthy. What I don't like is the cavalier attitude shown in stories like this by owners towards those that do the actual work that causes companies like Papa John's to grow as successfully as Papa John's has.
Ok, let John Schnatter personally make and deliver the same volume of product that is currently made and delivered.
See how THAT works?
Yes, smart owners were contengency planning that far back. They were putting together teams to review Obamacare and formulate a plan. They figured out that the law required them to act in 2012 since the 2014 regs are based on 2013 numbers. And they were ready to pull the trigger after the election.
NO, NO. HE’s taking his BALL home, not going to play that game no more. New game, new rules...., new help, help that wants to play ball.......game on.
Why not have George Soros pay for the President’s healthcare plan.
That makes as much sense.
Thanks for doing the math. Except $166 wouldn't pay for most people's health insurance for a MONTH.
Dummy writers. All of Papa John’s stores are franchised... owned by others.
Ahhhh... you've never owned a business have you. You never personally signed the loan notes and risked virtually everything. The "workers" got paid, didn't they? They, however, never signed on as co-owners and loan guarantors with their financial futures at absolute risk.
cool story bro.
By calculating the ratio of illegals to a state’s total population, CA suffers with 6.94% illegals vs. total population. West Virginia has only 0.55%.
I’m not saying all illegals qualify as “poor” or that native-born citizens don’t. But the huge infusion of people who arrive in CA already poor, with only the clothes they’re wearing, makes your poverty comparison illogical.
This article has some major flaws in it. The guy looks at world wide costs and value instead of looking at US costs....O care does not apply in other countries so should not be factored in (logically speaking)
Quit your sniveling. You come off sounding as if you are happy O won....that’s just plain nuts on its face
As far as I can tell, Kaliptonia welcomes them with open arms and counts them as if they are citizens. So, I think we should too.
I will guess you don't want to sound like the illustrious leader by saying he didn't build it.
Where would those tens of thousands of workers be if Papa John had not worked his fingers to the bone, put up his own money and who knows what else to build this?
What it boils down to is that HE took all the risks. He could have ended up destitute and having to start over from scratch with no money if he had bolloxed it up. But he didn't. He built a giant in the industry.
All the workers have to do is submit a job application, get hired and do what is expected of them to draw a check. That is the contract between someone who conceptualized, designed and runs a business, and the people he hires to make it happen. They aren't noble heroes. They are people getting paid.
And their baseline appreciation is having a job, getting a paycheck so they can support their families, something they would have had to scrape out themselves, conceptualize themselves, sell themselves and assume all the risks themselves without someone like Papa John who did that FOR them.
They should be damned grateful. I know I am for my job.
I am not the type of person who can do what Papa John did, or the person who founded the institution that I work at. I know that. So I am exceedingly grateful that someone did that heavy lifting so I have a professional framework to learn and grow in. They don't owe me anything more than doing their best to run a self-sustaining profitable organization. In return, I work hard at my job to make sure I fulfill my end of the bargain.
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