November 13, 2012 by Ish
Oh, what would I do without the Being Liberal Facebook group? Consider today’s new photoshop-meme-as-public-policy entry:
Funny thing about numbers, they are very good at telling you which of two things is larger or smaller.
Two million free pizzas, with a profit margin of $0.14 each, is $280,000 in lost profits… Assuming that the advertising from the promo doesn’t offset the loss. Which it obviously does, that’s why its called a “promo,” it promotes business, duh.
16,000 employees, nationwide, times $1200 (this assumes a mere $100/mo insurance premium (which is obviously too low) is a $19,200,000 cost… From a company with a net income of $50 million per year.
50,000,000 – 280,000 is a SMALLER thing than 50,000,000 – 19,200,000 which is a BIGGER thing? Math. How does it work?
Look folks, the PPACA that you all voted to make happen leaves Papa Johns three options. It has to either raise prices (and thus go under), cut its net income (and thus go under), or it needs to cut costs (and thus keep operating). Since the owners and managers of Papa Johns are not goddamn idiots they are going use some simple math and figure out which things is larger or smaller than other things.