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Companies plan massive layoffs as Obamacare becomes reality

Erod

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PICKET: Companies plan massive layoffs as Obamacare becomes reality - Washington Times

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.

Similar meetings have been held at my company already. There's tough news headed to 15% of our company right after the holidays. Oh, goody, I can't wait to deliver that news.

Our margins simply don't support the increases in per-employee-cost that Obamacare is going to bring on us, especially with the massive tax increases headed toward our business from the upcoming tax hikes.

Way too much attention is being paid to individual tax increases. It's small and medium size businesses that are going to be killed by all this. It won't be the wealthy that pay the lion's share of the new taxes, it'll be businesses. So that means layoffs, folks, and lots of them.

Unemployment is going to skyrocket, and a second and much deeper recession is likely right behind it.
 
Excellent. Optimistic, longterm companies will hiire those workers and expand, while the rightwing types will go out of business.
 
PICKET: Companies plan massive layoffs as Obamacare becomes reality - Washington Times



Similar meetings have been held at my company already. There's tough news headed to 15% of our company right after the holidays. Oh, goody, I can't wait to deliver that news.

Our margins simply don't support the increases in per-employee-cost that Obamacare is going to bring on us, especially with the massive tax increases headed toward our business from the upcoming tax hikes.

Way too much attention is being paid to individual tax increases. It's small and medium size businesses that are going to be killed by all this. It won't be the wealthy that pay the lion's share of the new taxes, it'll be businesses. So that means layoffs, folks, and lots of them.

Unemployment is going to skyrocket, and a second and much deeper recession is likely right behind it.
Fire the Obama voters... they should learn what costs come with Socialism and they can experience how government will take good care of them.
 
Fire the Obama voters... they should learn what costs come with Socialism and they can experience how government will take good care of them.

Then what are they going to do? Hire some brain dead wingnuts? That would serve them right. :lol:
 
I am so glad companies driven by rightwing ideology are giving up. Hopefully they will leave and go to Somalia.

That will leave the rest of us to expand and prosper.
 
Excellent. Optimistic, longterm companies will hiire those workers and expand, while the rightwing types will go out of business.

Chinese companies, yes, but not those workers.
 
Chinese companies, yes, but not those workers.

So communist China has better economic policies than capitalist America -- is that the new tea party meme?
 
I am so glad companies driven by rightwing ideology are giving up. Hopefully they will leave and go to Somalia.

That will leave the rest of us to expand and prosper.

Still looking for where it was mentioned that any of the companies laying off folks are "rightwing". Intel is looking at layoffs too. They're hardly rightwing. So is Techtronix and few of the other tech companies here.
 
Then what are they going to do? Hire some brain dead wingnuts? That would serve them right. :lol:

Ugh... Doh... They are firing... not hiring. Translation: People are losing their jobs. It's called an Obama recovery.
 
Many will "compromise" by using more part-time workers and subcontract deals for support functions (like payroll, security, cleaning and ground maintanence. Small companies (under 50 employees) are not hurt as much by Obamacare, so expect some clever accounting to split some companies into multiple "partner" organizations.
 
I am so glad companies driven by rightwing ideology are giving up. Hopefully they will leave and go to Somalia.

That will leave the rest of us to expand and prosper.

The rest of you can barely tie your shoes.
 
Fire the Obama voters... they should learn what costs come with Socialism and they can experience how government will take good care of them.

Kind of goes without saying. It's not intentional, but when you lop off the least productive, their voting preferences kind of fall in line.
 
So communist China has better economic policies than capitalist America -- is that the new tea party meme?

What? China is far more "captialistic" than the USA. You don't seem to understand the difference between capitalism and democracy.
 
What? China is far more "captialistic" than the USA. You don't seem to understand the difference between capitalism and democracy.

Perhaps you are unaware that the Chinese communist government owns contolling interests in most Chinese firms

Are you proposing something along those lines in the US?
 
Excellent. Optimistic, longterm companies will hiire those workers and expand, while the rightwing types will go out of business.

When a company has a layoff, they target the employees they want to get rid of....like the least productive, the oldest and highest paid, etc.
Other companies won't be in a hurry to hire them.
Besides, other companies will see that with increased unemployment, that means fewer customers for their products...and then THEY might have a layoff...do I hear an economic toilet being flushed?
 
When a company has a layoff, they target the employees they want to get rid of....like the least productive, the oldest and highest paid, etc.
Other companies won't be in a hurry to hire them.
Besides, other companies will see that with increased unemployment, that means fewer customers for their products...and then THEY might have a layoff...do I hear an economic toilet being flushed?

Given we are in a recovery (a slow one, but a recovery nontheless) - unlike austerity haunted Europe -- those companies that keep employees and are set to expand will benefit from the recovery. Those who laid off workers might find themselves up a tree.
 
Kind of goes without saying. It's not intentional, but when you lop off the least productive, their voting preferences kind of fall in line.

Sort of like the Red States................Romney himself said "...the choices a society makes about its culture play a role in creating prosperity..."


Culture Does Matter
By Mitt Romney
July 31, 2012 8:00 P.M.

"...the choices a society makes about its culture play a role in creating prosperity..."


Clearly, a data savy businessman like Romney must believe that the red states are less prosperous than the blue states because most red states are culturally deficient.
The 2010 US Census data shows that most of the poorest states are red states. In fact, 14 of the 15 states with the lowest per capita income are states which Romeny is currently counting in his win column:

RANK R/D STATE INCOME
1 D Connecticut $56,001.00
2 D Massachusetts $51,552.00
3 D New Jersey $50,781.00
4 D Maryland $49,025.00
5 D New York $48,821.00

36 R Georgia $35,490.00
37 R Montana $35,317.00
38 R Tennessee $35,307.00
39 R Arizona $34,999.00
40 R Indiana $34,943.00
41 R Alabama $33,945.00
42 R South Dakota $33,865.00
43 D New Mexico $33,837.00
44 R Kentucky $33,348.00
45 R South Carolina $33,163.00
46 R Arkansas $33,150.00
47 R West Virginia $32,641.00
48 R Utah $32,595.00
49 R Idaho $32,257.00
50 R Mississippi $31,186.00


Daily Kos: Romney Reductio Ad Absurdum, "Red States Have Bad Culture"
 
PICKET: Companies plan massive layoffs as Obamacare becomes reality - Washington Times



Similar meetings have been held at my company already. There's tough news headed to 15% of our company right after the holidays. Oh, goody, I can't wait to deliver that news.

Our margins simply don't support the increases in per-employee-cost that Obamacare is going to bring on us, especially with the massive tax increases headed toward our business from the upcoming tax hikes.

Way too much attention is being paid to individual tax increases. It's small and medium size businesses that are going to be killed by all this. It won't be the wealthy that pay the lion's share of the new taxes, it'll be businesses. So that means layoffs, folks, and lots of them.

Unemployment is going to skyrocket, and a second and much deeper recession is likely right behind it.

Whilst I congratulate you that nobody can write a better propaganda tripe than you, there was a VERY good reason why the public option was eliminated out of Obamacare. Since you can't support a fully certain deteoration of aging with an insurance business model of accident probabilities, Obamacare WILL be the end of the era of employer-sponsored health insurances one way or another. If this way, then in the form of unbiassed market auto-realignment. To introduce employer interference was a macroeconomic disaster, that created a false market that is now 15 % of the US total economy. The only worse thing than that is the world-wide derivative trading volume that is 6(!) times the world's total asset value.
 
Sort of like the Red States................Romney himself said "...the choices a society makes about its culture play a role in creating prosperity..."





Daily Kos: Romney Reductio Ad Absurdum, "Red States Have Bad Culture"

The problem with your point is that a burger, fries, and coke in New York costs $18. The average guy in Georgia is living in a 2,500 square foot home, whilst your buddy in New Jersey sleeps next to the toilet.

Income as a dollar amount doesn't translate to standard of living.
 
PICKET: Companies plan massive layoffs as Obamacare becomes reality - Washington Times



Similar meetings have been held at my company already. There's tough news headed to 15% of our company right after the holidays. Oh, goody, I can't wait to deliver that news.

Our margins simply don't support the increases in per-employee-cost that Obamacare is going to bring on us, especially with the massive tax increases headed toward our business from the upcoming tax hikes.

Way too much attention is being paid to individual tax increases. It's small and medium size businesses that are going to be killed by all this. It won't be the wealthy that pay the lion's share of the new taxes, it'll be businesses. So that means layoffs, folks, and lots of them.

Unemployment is going to skyrocket, and a second and much deeper recession is likely right behind it.


LOL. Wait so lets think about this from a business prospective. If you are a thriving company and you need to meet demand, do you do massive layoff because healthcare? No. you need to stay competitive. I believe that these companies found a more efficient way of running their business and they are using Obamacare as a scapegoat to do massive layoff so they don't look like the bad guy. If they truly need these employees then they would never do a massive layoff. It is common sense.
 
Kind of goes without saying. It's not intentional, but when you lop off the least productive, their voting preferences kind of fall in line.

Hey Erod

I have a new avatar for ya...


images


:donkeyfla
 
Then what are they going to do? Hire some brain dead wingnuts? That would serve them right. :lol:

people who voted for Obama generally are the low skilled or low IQ workers.
 
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