In a conference call, Papa John's CEO and founder John Schnatter spoke out against President Obama's health care law, arguing the Affordable Care Act will increase the cost of pizza.
From Politico:
"Our best estimate is that the Obamacare will cost 11 to 14 cents per pizza, or 15 to 20 cents per order from a corporate basis," Schnatter said.
"We're not supportive of Obamacare, like most businesses in our industry. But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare," he said.
