Obamacare Costing 800,000 Jobs

“Obamacare imposes a $40,000 fine for daring to hire a 50th employee without providing government-sanctioned health insurance.”

“800,000 Jobs. That’s what Congressional Budget Office Director Doug Elmendorf estimated in 2011 that Obamacare will destroy, and the day of reckoning has begun. In the wake of Mr. Obama’s re-election, companies large and small have already begun announcing layoffs, 45 so far, including (but certainly not limited to): Boeing, Hawker Beechcraft, U.S. Cellular, Husqvarna, Caterpillar, Bristol-Myers and on and on. Expect more — lots more.”

“A recurring theme is unfolding: “Elections have consequences,” said one Las Vegas business owner as he explained that the survival of his company demands that he lay off 22 of his 114 employees. The Twitter aggregator website Twitchy.com has compiled distraught business owners facing the new normal. One user tweeted: “I own a small business … as of today. I will be laying off 10 of my 60 employees … Thanks Obamacare.””

WOLF: Obamacare taxes mean Obamacare layoffs
800,000 jobs at risk
By Dr. Milton R. Wolf
November 12, 2012
Dr. Milton R. Wolf, a Washington Times columnist, is a radiologist and President Obama’s cousin. He blogs at miltonwolf.com.


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