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Companies plan massive layoffs as Obamacare becomes reality

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.
"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
Think UE will top 10% when this shit is all said and done?
Ahh the medical device tax is what's the stickler here behind this "massive list of companies".

The margins go down with a tax high because the prices are capped by private insurers and Medicare/VA/CHAMPUS, so layoffs are a way to preserve the margin. I've seen that before, BEFORE Obama. Home Health was decimated by Medicare back in the late 90s. My brother was a victim of that. Worst possible field of nursing is to work for a home health outfit.

Maybe a tax can be added to Oxycontin instead. Like, $80 per pill. I'd support that. Shit my neighborhood would have a lot less Oxycontin-addicted zombies around here if they'd raise the charges on painkillers.
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“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.”

William Pitt

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