Commentary | ObamaCare and the Price of Pizza

There may be some voters who are indifferent to the impact ObamaCare will have on the economy or even to the way it seeks to diminish religious freedom. But will they stand for an increase in the price of pizza? The founder and CEO of the Papa John’s pizza chain isn’t making any predictions on the presidential election, but he is promising a price hike on his product if the president’s signature health care legislation isn’t derailed by the November election. As Business Insider reports, John Schnatter said the additional costs ObamaCare will burden his business with will result in his pies costing 11 to 14 cents more per pizza and 15 to 20 cents per order. Because it will cost his company more to operate, the ObamaCare government surcharge will, he promised, be passed on to consumers.

Papa John’s isn’t alone in seeing a price increase in their futures. As the magazine relates, in its most recent earnings call, McDonald’s said the health care plan will cost their stores an extra $10,000 to $30,000. While the vast expansion of government power involved in the bill will result in more federal expenditures, the pizza magnate’s comment highlights the fact that it will create an across-the-board surtax on virtually all expenditures by families and individuals. This will mean an increase in the cost of living that will hit the poor a lot harder than the rich the president claims to want to tax.

 

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