The Real Cost Of Obamacare

Last week Fox Business posted a story about the cost of Obamacare to businesses. The CEO of Papa John’s Pizza has stated that the cost of Obamacare will be about 11 to 14 cents more per pizza. McDonald’s has stated that Obamacare will cost each of its restaurants between $10,000 and $30,000 depending on whether the employees work full or part-time.

The article reports:

Schnatter (John Schnatter, CEO of Papa John’s Pizza) has made no secret of who he supports for the 2012 election, and said he does not support the health-care overhaul. The pizza mogul hosted a fundraiser for GOP presidential candidate Mitt Romney at his Louisville, KY home in April. He acknowledged the cost would not impact him as badly as it stands to hurt his smaller counterparts. Papa John’s has a high volume of orders, so therefore it can distribute the costs among its clientele so they won’t feel such a hit.

The Obama Administration has not shown itself to be a friend of small business. The President’s statement of “You didn’t build that” is only one indication of the disdain he has for the entrepreneurs of America. President Obama does not understand that it is the entrepreneurs who have built America and kept it strong. It is time that he was sent out into the private sector to learn that lesson.

Enhanced by Zemanta