Mourning in America - Here's Those Layoffs We Voted For Last Night(Sob

[OzarkWoman]

So, here ya go Obama supporters. I hope that you are happ0y because this is just the beginning. God help us!!

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.

Mourning in America - Here's Those Layoffs We Voted For Last Night

[olger]

And the stock market is predictably falling...

America may have committed suicide by 51% of it's people.

[bonnie]

And the stock market is predictably falling...

America may have committed suicide by 51% of it's people.

When Obamacare passed my brother had his accountant crunch the numbers to know what it would mean to his business. He was of retirement age but had no plans to retire.He enjoyed what he did and had many trusted employees that he did not want to throw on the unemployment line.When he realized the many thousands of dollars every month this would cost him He made the decision to retire.

That was 50 people that worked in a high paying trade and families.

This has quietly and not so quietly been going on all over.I know there are many local businesses that have been laying off or reducing hours because of Obamacare and what it will all entail for businesses.Locally some employers are doing the same with less employee's.The employees know if they are to keep there job there can't be any slack in their job performance.

But that is what so many seem to want and think spells "fair"

Suddenly they are going to find out that overcrowded wagon doesn't have anyone pulling it

LAS VEGAS (CBS Las Vegas) — 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 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.

“I explained to them a month ago that if Obama gets in office that the regulations for Obamacare are gonna hurt our business, and I’m gonna have to make provisions to make sure I have enough money to cover the payroll taxes, the additional health care I’m gonna have to do, and I explained that to them and I said you do what you feel like in your heart you need to do, but I’m just letting you know as a warning this is things I have to think of as a business owner.

“Well unfortunately, and most of my employees are Hispanic — I’m not gonna go into what kind of company I have, but I have mostly Hispanic employees — well unfortunately we know what happened and I can’t wait around anymore, I have to be proactive. I had to lay off 22 people today to make sure that my business is gonna thrive and I’m gonna be around for years to come. I have to build up that nest egg now for the taxes and regulations that are coming my way. Elections do have consequences, but so do choices. A choice you make every day has consequences and you know what, I’ve always put my employees first, but unfortunately today I have to put me and my family first, and you watch what’s gonna happen. I’m just one guy with 114 employees — well was 114 employees — watch what happens in the next six months. The Dow alone lost 314 points today. There’s a tsunami coming and if you didn’t think this election had consequences, just wait.”

[lazarus]

And the stock market is predictably falling...

America may have committed suicide by 51% of it's people.

Futures tanked after ECB president Mario Draghi made a speech in which he noted that the European debt crisis was starting to impact Germany. That set the tone for an ugly market open and the selling got worse as the day progressed.

Of course the big banks didn't like the re-election of Obama. They would have had a sure back-stop with Romney.

l

[OzarkWoman]

Originally Posted By: olger

And the stock market is predictably falling...

America may have committed suicide by 51% of it's people.

Futures tanked after ECB president Mario Draghi made a speech in which he noted that the European debt crisis was starting to impact Germany. That set the tone for an ugly market open and the selling got worse as the day progressed.

Of course the big banks didn't like the re-election of Obama. They would have had a sure back-stop with Romney.

l

LOLOLOL Gotta love the sound bites that get posted. LOLOLOL

[OzarkWoman]

[lazarus]

LOLOLOL Gotta love the sound bites that get posted. LOLOLOL

If the GOP continues to ignore reality it will continue to lose it suppose. I guess when real life gets too painful its easier to create an alternative. Are you saying the speech was not made?

[OzarkWoman]

Originally Posted By: OzarkWoman

LOLOLOL Gotta love the sound bites that get posted. LOLOLOL

If the GOP continues to ignore reality it will continue to lose it suppose. I guess when real life gets too painful its easier to create an alternative. Are you saying the speech was not made?

I could care lss about the GOP You see, that is your problem. You are strictly partisan, whreas, I am a conservative and not part of any party. I look at things independently, something you might try to do sometime. BTW, I used to be a registered Demcrat, back when the Democrats were the JFK type. They left me and I ran away as fast as I could from what they are now.

Speaking of real life, do you have one?

[lazarus]

I am a conservative and not part of any party. I look at things independently

You vote republican though right? You have no where else. The GOP establishment wont let a third part survive. The tea party was assimilated. It's gone!

Quote:

Speaking of real life, do you have one?

Where did that come from? Perhaps it's what they call projection.

[bonnie]

Where did that come from? Perhaps it's what they call projection.

If that is true perhaps the lesson was from having so many do it here for so long.Yoou know,kind of like "Right wing talk show masters"

[OzarkWoman]

Do elections have consequences? If you have been paying attention to the financial markets, you might think so. Wall Street has had two horrible days since President Obama won a second term.

However, stock prices are not the only thing taking a hit. It appears that the job market is also suffering. In the last 48 hours, the following major corporations have announced layoffs in America (links take you to news stories about the layoffs – with details from the companies):

Energizer -

The St. Louis-based company said Thursday that it expects to shed about 1,500 employees. When finished, the restructuring should lead to $200 million in pretax yearly savings, Energizer said. It aims to have most of its restructuring steps finished by the end of September 2014.

• Westinghouse -

Westinghouse Anniston, the contractor responsible for shutting down Anniston’s chemical weapons incinerator, has reduced its workforce by another 50 employees.

• Research in Motion Limited -

Research in Motion Ltd., the maker of BlackBerry smartphones, laid off about 200 people at its U.S. headquarters in Irving on Wednesday, according to a source close to the company who did not want to be named.

• Lightyear Network Solutions -

More than one dozen employees at a Pikeville company lost their jobs this week. Officials with Lightyear Network Solutions said they are consolidating offices in Louisville and Pikeville to save money.

• Providence Journal -

The Providence Journal Co. laid off 23 full-time workers Wednesday as part of a cost-cutting effort, including 16 members of the Providence Newspaper Guild and 7 non-union employees.

• Hawker Beechcraft -

The company says 240 employees will lose their jobs with the closing of Hawker Beechcraft Services facilities in Little Rock, Ark.; Mesa, Ariz.; and San Antonio, Texas.

• Boeing (30% of their management staff) -

Boeing Co. said Wednesday it plans to employ 30% fewer executives at its Boeing Defense, Space & Security unit by the end of 2012 compared to 2010 levels.

• CVPH Medical Center -

CVPH Medical Center has handed pink slips to 17 employees. The layoffs — nine in management and eight hourly staffers — are part of an effort to “help bolster the hospital’s financial position in 2013 and beyond,” a press release said.

• US Cellular -

The move will result in 980 job cuts at U.S. Cellular, with 640 in the Chicago area, according to a spokeswoman. The cuts are slightly under 12 percent of the approximately 8,400 total employees U.S. Cellular had at the end of the third quarter.

• Momentive Performance Materials -

About 150 workers at Sistersville’s Momentive Performance Materials plant will be temporarily laid off later this month, officials said this week.

• Rocketdyne -

About 100 employees at Pratt & Whitney Rocketdyne, most of whom work in the San Fernando Valley, were laid off Wednesday in response to dwindling government spending on space exploration, the company said. The layoffs were effective immediately, and 75 percent of them came at the facilities on Canoga and De Soto avenues, which employ about 1,100 people. The company has six sites across the Valley.

• Brake Parts -

The leader of an automotive parts plant in Lincoln County has told state officials that there are plans to lay off 75 workers starting in late December…The layoffs are expected to start Dec. 28 and continue in the first quarter of 2013

• Vestas Wind Systems -

Vestas Wind Systems A/S (VWS) is seeking to sell a stake of as much as 20 percent and said it’s reducing headcount by 3,000 to raise the staff cuts by the biggest wind turbine maker to almost a third over two years.

• Husqvarna -

Husqvarna AB (HUSQB), the world’s biggest maker of powered garden tools, plans to cut about 600 jobs in a move that will save 220 million kronor ($33 million) a year by 2014.

• Center for Hospice New York -

The Center for Hospice and Palliative Care plans to temporarily lay off as many as 40 employees next year as it embarks on a major renovation of the inpatient unit at its Cheektowaga campus.

• Bristol-Meyers -

Bristol-Myers Squibb is following up its lackluster third-quarter results with almost 480 layoffs. As Pharmalot reports, the company notified the New Jersey government that it would scale back in Plainsboro, which means the cuts will hit its sales operations.

• OCE North America -

Trumbull printer- and scanning-equipment provider Oce North America, Inc. will lay off 135 workers in three Connecticut communities, including East Hartford, according to its notice with the state Labor Department.

• Darden Restaurants -

The company, which was among those who had received an Obamacare waiver in the past, is looking to limit workers to 28 hours per week. A full time employee that is required to have health insurance (lest the employer pay a fine) works 30 hours per week, as defined by the Obamacare law.

• West Ridge Mine -

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.

• United Blood Services Gulf -

United Blood Services Gulf South region, the non-profit blood service provider for much of south Louisiana and Mississippi, will lay off approximately 10 percent of its workforce. It was a hard decision to make according to Susan Begnaud, Regional Center Director for the Gulf South region.

A layoff is tough enough for employees to deal with, imagine hearing the crushing news that your office is shutting down just before Thanksgiving and Christmas… Here are some of the business closings that were announced in just the past two days:

•Caterpillar Inc. will close its plant in Owatonna Minn.

•Mount Pleasant’s Albrecht Sentry Foods

•The Target store at Manassas Mall Va.

•Millennium Academy in Wake Forest NC

•Target Closing Kissimmee FL Location

•The Andover Gift Shop in Andover MA

•Grand Union Family Markets Closing Storrs Location CT

•Movie Scene Milford Location NH

•Update: TE Connectivity Closing Greensboro Plant – 620 Layoffs Expected

•Gomer’s Fried Chicken in South Kansas City

•Kmart in Homer Glen

•Fresh Market on Pine Street in Burlington

•AGC Glass North America to permanently close its Blue Ridge Plant in Kingsport Tenn.

•The Target store at Platte and Academy in Colorado Springs

•The Roses store on Reynold Road in Winston-Salem NC

•Meanders Kitchen losing its West Seattle location at 6032 California Ave

•Bost Harley-Davidson at 46th Avenue North and Delaware Ave. in West Nashville TN

•Townsend Booksellers in Oakland

•The Kmart store in Parkway Plaza off University Drive in Durham NC – 79 Jobs Lost

To see even more companies that announced layoffs since the election, visit the Daily Job Cuts page.

Job Cuts Page

[bonnie]

Now,now,are you fear mongering again? Things are better or so we are told. Have to wonder what the unemployment will be in coming months.Can't you understand how good this is.Besides how can you blame the incoming president,the fault really lies with his predecessor doesn't it. The incoming president just didn't know how bad the economy really was

[OzarkWoman]

Now,now,are you fear mongering again? Things are better or so we are told. Have to wonder what the unemployment will be in coming months.Can't you understand how good this is.Besides how can you blame the incoming president,the fault really lies with his predecessor doesn't it. The incoming president just didn't know how bad the economy really was

[bonnie]

Originally Posted By: bonnie

Now,now,are you fear mongering again? Things are better or so we are told. Have to wonder what the unemployment will be in coming months.Can't you understand how good this is.Besides how can you blame the incoming president,the fault really lies with his predecessor doesn't it. The incoming president just didn't know how bad the economy really was

You really do need a new perspective. The sun came up this morning, the sky didn't fall, all is right in the world

[OzarkWoman]

What would be right in this country now would be that only progressives would lose their jobs and then refuse them charity and tell them to get it from ther leader, Obama.