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John Schnatter

CNN Slams Papa John's Over Concerns About ObamaCare Costs; Insists Claim 'False' Even With Data to Prove That

By Jeffrey Meyer | August 10, 2012 | 15:36

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Apparently CNN considers the stating of cold, hard economic realities to be risky partisanship now. Take the case of  Papa John’s CEO John Schnatter claiming that ObamaCare will increase costs for his company.  

Papa John's is not the first company to claim Obamacare will raise its costs, but it is the first to be viciously attacked by CNN.  [Video follows page break;  MP3 audio here.]

More Media War On Food: Papa John’s CEO Roasted for Obamacare Comments

By Paul Wilson | August 10, 2012 | 13:51

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The media doesn’t like food much these days. Papa John’s Pizza founder John Schnatter is the latest individual in the food industry to draw fire from the left; in his case the he made the mistake of discussing the economic effects of Obamacare on his company. Outlets from the Colbert Report to the Boston Globe savaged Schnatter for having the effrontery of publicly explaining basic economics. 

In a conference call with shareholders last week, Schnatter (who is a Romney supporter) said:: “Our best estimate is that Obamacare will cost 11 to 14 cents per pizza, or 15 to 20 cents an order from a corporate basis.” He also assured listeners that,  “If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best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.”