The bigger picture is Papa John's is just the last stop in the supply chain.
Add 14 cents more for the company that produces the flour. 14 cents for
the tomato supplier. Etc. That's just one industry. Prices on almost all goods
are going to go up. The only way for Obama to survive the backlash is to
push hard for a raise in the federal minimum wage. I'm not talking about a
few cents, he needs to push for at least a 5 dollar raise for it to get back
in-line with inflation.
A drastic increase in minimum wage would be the exact OPPOSITE push you would want to make if you are worried about businesses losing money because of increased costs. That just doesn't make sense what you're saying.
In any event, raising the minimum wage and increasing employer responsibility for benefits does nothing except crowd out small business owners and entrepreneurs from entering into the market to begin with. Those who are alreaady in business are forced to pass the price increase to their customers or sell to a bigger company.
While Im glad these rules do not apply to organizastion with under 50 people, you can still have a small business ~75-150 ppeople that will be very adversely affected by this legislature.