As much as I'd like to write about generals, liaisons and, well, liaisons, and as much as everyone else is talking about cliffs—time to pick up Acme shares?—I feel like pizza.
Papa John's CEO John Schnatter—an ardent Romney supporter who attacked Obamacare most of the campaign (apparently with text messages)—revisited the issue after the election by saying that not only would he have to raise the price of pie, but that employee hours would be facing the pizza cutter, as well.
In addition to the "10 to 14 cents" per pizza price increases he'd talked about earlier, Schnatter told an audience in Florida last week that franchisees would have to start cutting employee hours based on the PPACA's requirement that companies employing more than 50 workers would have to cover anyone putting in more than 30 hours a week.
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