Reply With Quote
It's all anticipatory and the powers that be have not demonstrated what I would call prescience.
Freedom Works has put together a list of companies that will be laying off employees as a result of President Barack Obama's health care law:
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.
Read more: PICKET: Companies plan massive layoffs as Obamacare becomes reality - Washington Times http://www.washingtontimes.com/blog/...#ixzz2BkkfkNaw
Follow us: @washtimes on Twitter
It's all anticipatory and the powers that be have not demonstrated what I would call prescience.
"a shift from full-time to part-time workers."
already well under way, has been, no matter who got elected. outsourcing to contractors and part-timing are major ways corps transfer salaries+benefits from employees to investors.
The above post, if it has ANY truth as ACA being the ONLY reason for layoffs (probably mostly a tea baggin/UCA lie), is a huge incentive for a hard-core public insurance option for all, including any and all employees.
And the scapegoating begins.
em.
I'm hiring.
I wonder how many of these owners are Republicans..
For? and Where?
CC you wanna bet that the unemployment rate will be higher when Barry leaves office than it is today?
No, because of the way they calculate the rate. It doesn't reflect all the people that get pushed out of full time work to part time work.
and "employment gains" never take into account that big majority of new jobs are ty sub-$15/hour rather than quality jobs.
by 2016, unless the next inevitable "free market" financial sector crises arrives, the economy + jobs should be much better, simply because it'll be 4 years more past the Banskters Great Depression.
That is because they are still employed you idiot.
Go from 40 hours a week with benefits to 30 hours and no benefits and see how YOU like it .
Eligibility specialist.
COBRA Specialist
Claim's Examiner
(My company sells group insurance, provides HR outsourcing services related to that & regulation compliance, and we are also a TPA that sets up and processes claims for self insured employers)
It's not the dislike rate.
lol freedom works
No it's called being underemployed.
it's counted in the U6 rate. Dems like to always quote the U3 because it excludes the long term unemployed and the underemployed.
Also not unemployed.
As long as the US is going to go through the charade of supplying health insurance through employers, this is what we're going to be faced with. We'll stop pretending and catch up with the rest of the world someday.
Don't you know? Employers are rich! It's only fair they be forced to provide insurance!
Why is that a LOL if the statistics they compiled are true?
Never going to happen.
Don't you know? The employees are richer than their employers! It's only fair they pay everything out of pocket!
but they'll still over inflate their r&d cost to justify their pricing.
How many statistics they compiled on jobs created by Obamacare? More or less none? Are those statistics not true either?
Freedomworks will tell you half the story. They've stated many times what their agenda is when it comes to Obamacare.
Ok. Lets use the U6 rate as our metric. I'll bet you $1k that the Unemployment/underemplyment rate will be lower four years from today than it is today
..
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
