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#3024775 - 11/09/12 10:23 AM This Makes me Smile- I hope they're all libs
Pic IN the Casa
14 Point


Registered: 03/18/11
Posts: 9452
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Maybe I shouldn't gloat but ELECTIONS HAVE CONSEQUENCES

http://www.washingtontimes.com/blog/wate...s-obamacare-be/

Mourning in America - Here's Those Layoffs We Voted For Last Night
By Rusty Weiss on November 07, 2012



Last night's victory for the President marks the first time since its inception that Obamacare is no longer a what-if; it is the future of health care in America.

It also means a near immediate impact on the economy. With 20 or so new or higher taxes set to be implemented, ranging from a $123 billion surtax on investment income, through the $20 billion medical device tax, all the way down to the $600 million executive compensation limit, Obamacare will be a nearly unbearable tax burden on the economy.

Who will pay? The middle-class workforce, of course.

So with another four years for President Obama to look forward to, and the obvious inevitability of Obamacare that this entails, let's examine the very real jobs that will be lost, and the very real lives that will be affected.

Welch Allyn

Welch Allyn, a company that manufactures medical diagnostic equipment in central New York, announced in September that they would be laying off 275 employees, or roughly 10% of their workforce over the next three years. One of the major reasons discussed for the layoffs was a proactive response to the Medical Device Tax mandated by the new healthcare law.

Dana Holding Corp.

As recently as a week ago, a global auto parts manufacturing company in Ohio known as Dana Holding Corp., warned their employees of potential layoffs, citing "$24 million over the next six years in additional U.S. health care expenses". After laying off several white collar staffers, company insiders have hinted at more to come. The company will have to cover the additional $24 million cost somehow, which will likely equate to numerous cuts in their current workforce of 25,500 worldwide.

Stryker

One of the biggest medical device manufacturers in the world, Stryker will close their facility in Orchard Park, New York, eliminating 96 jobs in December. Worse, they plan on countering the medical device tax in Obamacare by slashing 5% of their global workforce - an estimated 1,170 positions.

Boston Scientific

In October of 2009, Boston Scientific CEO Ray Elliott, warned that proposed taxes in the health care reform bill could "lead to significant job losses" for his company. Nearly two years later, Elliott announced that the company would be cutting anywhere between 1,200 and 1,400 jobs, while simultaneously shifting investments and workers overseas - to China.

Medtronic

In March of 2010, medical device maker Medtronic warned that Obamacare taxes could result in a reduction of precisely 1,000 jobs. That plan became reality when the company cut 500 positions over the summer, with another 500 set for the end of 2013.

Others

A short list of other companies facing future layoffs at the hands of Obamacare:
•Smith & Nephew - 770 layoffs
•Abbott Labs - 700 layoffs
•Covidien - 595 layoffs
•Kinetic Concepts - 427 layoffs
•St. Jude Medical - 300 layoffs
•Hill Rom - 200 layoffs

Beyond the complete elimination of a significant number of American jobs is another looming problem created by the health care law - a shift from full-time to part-time workers.

Sean Hackbarth of Free Enterprise explains:


A JP Morgan economist "points out that 8.3 million people are working in part-time jobs even though they'd prefer full-time work. Unfortunately, because of President Obama’s health care law, the Patient Protection and Affordable Care Act (PPACA), workers in the hotel, restaurant, and retail industries could be pushed into part-time jobs working less than 30 hours per week."

"Under the health care law, if a company has more than 50 “full time equivalent” workers, a combination of full and part-time employees, but doesn’t offer “affordable” coverage that meets the government’s minimum value standard, the company will have to pay a penalty. This penalty is determined by the number of full-time employees minus 30 full-time employees. So to reiterate a very important point: part-time workers are not part of the penalty formula. The health care law creates a perverse incentive to hire part-time versus full-time workers."

Tangible examples of Obamacare causing a reduction in full-time workers:

Darden Restaurants

According to the Orlando Sentinel, Darden Restaurants, a casual dining chain best known for their Red Lobster, Olive Garden and LongHorn Steakhouse restaurants, is "experimenting with limiting the hours of some of its workers to avoid health care requirements under the Affordable Care Act when they take effect in 2014".

JANCOA Janitorial Services

The CEO of JANCOA, Mary Miller, testified to Congress that Obamacare was a "dream killer", adding that one option she had to consider "is reducing the majority of my team members to part-time employment in order to reduce the amount that I will be penalized."

Kroger

The American retailer in Cincinnati, Ohio recently was reported to be planning a significant slashing of their hourly workers. Doug Ross writes:


Operative Faith (a mid-level manager with the company) reveals that Kroger will soon join the ranks of Darden Restaurants and slash the hours of its non-exempt (hourly) workers to avoid millions in Obamacare penalties.

According to the source, Obamacare could result in tens of thousands of Kroger employees being limited to working 28 hours per week.

Summary

This is by no means, meant to be an exhaustive list. But it is meant to provide examples of real companies, real jobs, and real names, soon to be added to the growing list of employment casualties provided by the inevitable implementation of Obamacare.

Last night, America voted for four more years of President Obama and his destructive economic and health care policies. By extension, America last night voted their approval of the aforementioned layoffs and overall work reduction.

Now we must accept the inevitable. Welcome to mourning in America.
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#3024786 - 11/09/12 10:28 AM Re: This Makes me Smile- I hope they're all libs [Re: Pic IN the Casa]
BMan
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Registered: 02/06/06
Posts: 10509
Loc: Middle TN

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Dear Libtards:

OWN IT.
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Rules are for people who lose fights.

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#3024935 - 11/09/12 11:47 AM Re: This Makes me Smile- I hope they're all libs [Re: BMan]
iowavf
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Registered: 10/25/05
Posts: 3127
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It will be blamed on something else, more than likely the republicans in the house aren't willing to work with them.
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#3024950 - 11/09/12 11:55 AM Re: This Makes me Smile- I hope they're all libs [Re: iowavf]
waynesworld
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Registered: 05/13/12
Posts: 1471
Loc: Mboro, Tennessee

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It will be blamed on those rich people who cut the poor so they can get richer. The rich should stop making a profit on there money and we can just tax what they have not even have to wait for that to produce income or be inherited. Well one account I think we can start with is mr buffet and his family. They can get a real job not working for any foundations and having there lifestyle supported by that foundation.
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#3025101 - 11/09/12 01:24 PM Re: This Makes me Smile- I hope they're all libs [Re: waynesworld]
ratsnakeboogy
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Registered: 08/28/08
Posts: 3484
Loc: Andersonville, TN

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If I was is the GOP controlled House, I would instruct all Republicans to vote "present" and let them have whatever they want. Then they can blame nobody but themselves.

It would hurt, but at this point I think the only way to save the country is to first let it fail.

RESET time. JMHO

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#3025132 - 11/09/12 01:40 PM Re: This Makes me Smile- I hope they're all libs [Re: ratsnakeboogy]
Hogbear
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Registered: 07/21/05
Posts: 4034
Loc: Cuba (near Memphis)

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Well, Medtronic and St Jude Medical are both headquarted in the Minneapolis/St Paul area and that's one of the most liberal areas I've ever been to.
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#3025154 - 11/09/12 01:55 PM Re: This Makes me Smile- I hope they're all libs [Re: Hogbear]
waynesworld
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Registered: 05/13/12
Posts: 1471
Loc: Mboro, Tennessee

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http://www.foxnews.com/politics/2012/11/...ma-re-election/

Here are the pink slips for those coal minors


Edited by waynesworld (11/09/12 01:56 PM)

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#3025341 - 11/09/12 03:51 PM Re: This Makes me Smile- I hope they're all libs [Re: waynesworld]
iowavf
10 Point


Registered: 10/25/05
Posts: 3127
Loc: southwest iowa

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Sad thing is this won't make too many news shows and will have other excuses as to why it's happening.
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#3025371 - 11/09/12 04:14 PM Re: This Makes me Smile- I hope they're all libs [Re: iowavf]
AndyW
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Registered: 10/21/10
Posts: 4353
Loc: Allardt, TN

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 Originally Posted By: iowavf
Sad thing is this won't make too many news shows and will have other excuses as to why it's happening.


Corporate greed will take the blame. Guaranteed.
_________________________
This fall, FIRE THEM ALL. Re-elect NO ONE!!!!!

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#3025393 - 11/09/12 04:29 PM Re: This Makes me Smile- I hope they're all libs [Re: AndyW]
redblood
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Registered: 01/22/06
Posts: 14644
Loc: Lewisburg

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 Originally Posted By: AndyW
 Originally Posted By: iowavf
Sad thing is this won't make too many news shows and will have other excuses as to why it's happening.


Corporate greed will take the blame. Guaranteed.


yep, becuase obama has no concept of business
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