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The victory by Barack Obama on election night has resulted in a
huge wave of firings and layoffs all over America. A large number of
businesses seem to have suddenly shifted into panic mode. The number of
layoff announcements that we have seen in the last 48 hours has been absolutely
shocking. So why is this happening? Well, the truth is that the
federal government is absolutely suffocating small businesses all over America with
rules, regulations and taxes. If you have never tried to run a small
business, then you have no idea how oppressive this system actually is for
people that are trying to run small businesses successfully. It has
steadily gotten worse over the years no matter who has been in the White House
and no matter who has controlled Congress. So we shouldn't put 100% of
the blame on Obama. Bush massively expanded government and made things
harder on small business people too. But what many small business people
were looking for on this election day was just a little bit of help. Many
were desperately holding out hope that Obamacare would be repealed so that they
would not have to get rid of some of their employees. Many were hoping to
get a little bit of relief from the crippling regulations and taxes that are
absolutely crushing them. But now that Barack Obama has been given
another four years, they understand that there is no hope on the horizon and
that things are only going to get worse. So they are making the hard
decisions that they feel are necessary in order to survive in this economic
environment.
And I certainly don't blame them. You
only want to have employees if you can make a profit on them. And in this
environment it is getting harder than ever to make a profit on an
employee. You see, the truth is that what you cost your employer goes far
beyond your salary or your hourly wage. I think many of you would be
absolutely shocked if you learned how much it actually costs your employer to
employ you. And now thanks to Obamacare, that cost is going to go up even
more.
Many businesses are not even feasible at all in this economic environment. Many small businesses had been holding out hope that somehow this election might turn things around and make it possible for them to keep going, but when Obama won it was kind of like the straw that broke the camel's back.
Many businesses are not even feasible at all in this economic environment. Many small businesses had been holding out hope that somehow this election might turn things around and make it possible for them to keep going, but when Obama won it was kind of like the straw that broke the camel's back.
You can't do what the federal government and
the state governments are doing to us and expect to have a thriving
economy. They are choking the life out of us.
New businesses and small businesses are
supposed to be at the heart of our economic system. Unfortunately, the
environment that has been created is absolutely killing them. This is a
recipe for disaster.
In a previous article, I noted that the number
of jobs created at new businesses in 2010 in the United States was less than half of what it was back in the year 2000.
Now we can expect that number to get even worse
and we can expect large numbers of small businesses to shrink in size or close
their doors completely.
The following is a list of some of the
post-election firings and layoffs that we have seen since Tuesday night...
A Utah
coal company owned by a vocal critic of President Barack Obama has laid off 102
miners.
The layoffs at the West Ridge Mine are effective immediately,
according to UtahAmerican Energy Inc., a subsidiary of Murray Energy Corp.
They were announced in a short statement made public Thursday, two days
after Obama won re-election.
The layoffs are necessary because of the president's "war
on coal," the statement said. The slogan is one used frequently during the
election by Murray
Energy CEO Robert Murray, who was an ardent supporter of Republican
presidential candidate Mitt Romney.
In its statement, UtahAmerican Energy blames the Obama
administration for instituting policies that will close down "204 American
coal-fired power plants by 2014" and for drastically reducing the market
for coal.
I work for the oldest and largest health insurer in the state of
Ohio in the
underwriting department. At 9 a.m.this morning, my department (about 50) were
called into a meeting in the executive boardroom. We were informed that due to
a provision in the healthcare 'reform' effective 2014 called guarantee issue,
our services would no longer be needed, and we were offered severance So
Obama got to keep his job, and we lost ours. It is maddening that some tyrant
400 miles away can have such a ruinous effect on peoples lives.
A Las Vegas
business owner with 114 employees fired 22 workers today, apparently as a
direct result of President Obama’s re-election.
“David” (he asked to remain anonymous for obvious reasons) told
Host Kevin Wall on 100.5 KXNT that “elections have consequences” and that “at
the end of the day, I need to survive.”
Here’s an excerpt from the interview. Click the audio tab below
to hear even more from this compelling conversation:
“I’ve done my share of educating my employees. I never tell them
which way to vote. I believe in the free system we have, I believe in the right
to choose who they want to be president, but I did explain as a business owner
that I have always put my employees first. I always made sure that when I went
without a paycheck that [I] made sure they were paid. And I explained that I
always put them first and unfortunately I’m at a point where I’m being forced
to have to worry about me and my family now and a business that I built from
just me to 114 employees.
#4 Posted below is a list of layoff headlines from the past few days
that was posted on AmericanThinker.com...
Obama was "fired up" and so were the voters, and so
now, the mass firings begin. Here's a collection of today's headlines.
Please say a prayer for the families who will be suffering. Had Romney won,
many of these companies would now be hiring.
Teco Coal officials announce layoffs
Momentive Inc plans temporary layoffs for 150
Wilkes-Barre officials to announce
mandatory layoffs
600 layoffs at Groupon
More layoffs announced at Aniston Weapons Incinerator
Murray Energy confirms 150
layoffs at 3 subsidiaries
130 laid off in Minnesota
dairy plant closure
Stanford brake plant to lay off 75
Turbocare, Oce to lay off more than 220 workers
ATI plans to lay off 172 workers in North Richland Hills
SpaceX claims its first victims as Rocketdyne lays off 100
Providence Journal lays off 23
full-time employees
CVPH lays off 17
New Energy lays off 40 employees
102 Utah
miners laid off because of 'war on coal', company says
US Cellular drops Chicago,
cuts 640 jobs
Career Education to cut 900 jobs, close 23 campuses
Vestas to cut 3,000 more jobs
First Energy to cut 400 jobs by 2016
Mine owner blames Obama for layoffs (54 fired last night)
Canceled program costs 115 jobs at Ohio air base
AMD trims Austin
workforce - 400 jobs slashed
100 workers lose jobs as Caterpillar closes plant in Minnesota
Exide to lay off 150 workers
TE Connectivity to close Guilford plant, lay off 620
More Layoffs for Major Wind Company (3,000 jobs cut)
Cigna to lay off 1,300 workers worldwide
Ameridose to lay off hundreds of workers
#5 According to the Blaze, the following major
corporations have all announced layoffs in just the past two days...
You can get the rest of the details right here.
#6 The following is a list of companies that will be laying off
workers just because of Obamacare that was compiled by FreedomWorks...
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
- Smith & Nephew - 770 layoffs
- Abbott Labs - 700 layoffs
- Covidien - 595 layoffs
- Kinetic Concepts - 427 layoffs
- St. Jude Medical - 300 layoffs
- Hill Rom - 200 layoffs
A lot of other businesses are going to reduce
the number of employees they have or reduce the average work week in order to
avoid the Obamacare insurance coverage mandate that will soon be implemented.
This is how CNSNews.com describes the choice that many
employers will be facing...
That section, known as the employer mandate, requires any business with 50 or more full-time
employees to provide at least the minimum level of government-defined health
coverage to those employees. In other words, a business must provide insurance if it has 50 or more
employees working an average of just 30 hours per week, which is 10 hours per week fewer
than the traditional 40-hour work week.
Thus, by cutting employees’ hours to ensure they average less
than the 30 per week, employers could potentially avoid the cost of providing
the minimum insurance levels mandated by Obamacare.
So if your company trims the number of workers
to just under 50 or starts going to "29 hour work weeks", then you
will know who to blame.
All of this is complete and utter
insanity. We are committing national economic suicide.
But perhaps we deserve this. After all,
Americans willingly chose their leaders on election day. It is getting
harder and harder to deny that our politicians are truly a reflection of who we are as a nation.
The American people chose this path, and now we
get to see where it leads us.
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