Only a foolish person would have thought such nonsense to begin with, yet there are a lot of foolish people who resides in this country. The supporters of dear leader can't explain away that Obamacare is indeed what Republicans,conservatives and leading corporate and healthcare leaders said it was going to be all along, a "jobs killer
". Since they can't explain it, they are now in a pitiful effort trying to make it out to be a vast right wing CEO's revenge against the working man theory. That theory can only hold up as long as companies and business owners were known to have backed Mitt Romney. So what's going to be the excuse, when a company starts laying off workers who's CEO and executives were known to have been backing Barack Obama? Well, lets take Stryker Corporation for example. Strkyer is a medical equipment manufacture. Jon Stryker is the heir to the Stryker company. He's on the Forbes fortune 400 list of richest people with a net worth of $1.4 billion dollars.
You know, I thought that the whole rich thing was suppose to have been exclusive to white republicans. Jon is a billionaire "white Democrat"
. Anyways, Strkyer Corporation has announced it is going to be closing a plant and laying off workers as are result of the Obamacare excise tax
. So why would a die hard progressive Democrat activist white billionaire support a person who' policy would be so harmful to his business
? So could this be said that a Democrat cared more about getting Obama re elected then caring what was going to happen to his employees as a consequences? Since Jon was a donor and supporter of Obama, this puts to rest that Obamacare layoffs are just a right wing thing. It is simply a bad law that is impacting businesses regardless of political affiliation of the owners and CEO's of the companies.
Combine Stryker with the dozens of corporations who have announced huge layoffs within days after the election, it's a certain that the u3 unemployment rate will be back above 10% early in the new year. This isn't even close to being the tip of the iceberg. On a side note to what is now the "new normal" going forward, John Metz who is a Denny's franchisee owner of 48 Denny Restaurants has just announced that they are going to be charging a 5% surcharge on each customer's check to pay for Obamacare, and they will be cutting their employee's hours to deal with it.
Obamacare dictates that any company which has full time employees must provide them with healthcare. Under Obamacare, a full time employee is considered anyone who works a minimum of "30" hours
. In the real world, 40 hours is full time. The subheadline under the story by the Daily Mail explains it all.
"The fast-food business owner is set to
hold meetings at his restaurants in December where he will tell
employees, 'that because of Obamacare, we are going to be cutting
front-of-the-house employees to under 30 hours, effective immediately.'
Darden Restaurants which owns Red Lobster, Olive Garden and Long Horn Steak House was reported a few months ago that it was cutting back employee hours in certain restaurants as a test to see if it could become company policy nationwide in order to deal with Obamacare.