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More examples of how Obamacare is killing jobs in both the private and public sector. Whether it's a business or a city, those in the know are doing what they need to do in order to survive. Stryker Corp. has always supported Democrats. I bet they are regretting that now.
Medical Giant with Democrat Ties Terminates Workers, Cites ObamaCare
Medical Giant with Democrat Ties Terminates Workers, Cites ObamaCare | Job Creators Solutions
If they kept 59 part time employees at 30+ hours a week, it could cost the city $850,000 a year because of Obamacare. That is an example of how much that oppressive bill will cost people. Companies are starting to layoff and reduce employee hours now because once the disasterous law goes into effect, they will look at the history of hours worked and go by that to determine how much companies pay. So, they are doing this in advance to avoid going bankrupt.
Cedar Falls cuts work hours due to ObamaCare
Cedar Falls cuts work hours due to ObamaCare - KWWL.com - News & Weather for Waterloo, Dubuque, Cedar Rapids & Iowa City, Iowa |
Michigan medical technology giant Stryker Corporation announced last year that it was slicing its workforce by 5 percent and blamed ObamaCares medical device tax as the reason. And yet, unlike the CEOs of Papa Johns, Applebees and others who have projected ObamaCare-related cutbacks in the restaurant industry just this week, Stryker faced no threats of boycotts nor angry accusations that the job cuts were politically motivated by disgruntled Romney voters.
There are three heirs to the Stryker fortune that was started when Homer Stryker, a surgeon from Kalamazoo, Michigan, founded the company. They are his three billionaire grandchildren: Pat Stryker, Jon Stryker and Ronda Stryker. Pat and Jon are well known to political operatives in Colorado and Michigan, respectively, as each was heavily involved in financing Left-wing political organizations aimed at truning the states from Republican Red to Democrat Blue. Ronda, the only one of the three on the board of directors at Stryker, has also been a generous political donor to Democrats.
As with the restaurant industry, Stryker was hardly alone in worrying over the impact of the tax on its business model: The Medical Device Manufacturers Association calls the medical device levy a tax on innovation and estimates that it will hammer the high tech industry to the tune of $30 billion per year. The CEOs at Stryker and Papa Johns announced the same response (staffing cutbacks) to the same challenge (harmful economic winds blowing from ObamaCare). If you are from the entrepreneurial half of America, then you dont see a difference in these reactions. You know that the impact of bad public policy is like a law of gravity that businesses must obey to stay competitive. But if youre from the non-entrepreneurial half of America, then you might imagine political motives instead hence the boycott threats toward Papa Johns and Applebees.
Medical Giant with Democrat Ties Terminates Workers, Cites ObamaCare
Medical Giant with Democrat Ties Terminates Workers, Cites ObamaCare | Job Creators Solutions
If they kept 59 part time employees at 30+ hours a week, it could cost the city $850,000 a year because of Obamacare. That is an example of how much that oppressive bill will cost people. Companies are starting to layoff and reduce employee hours now because once the disasterous law goes into effect, they will look at the history of hours worked and go by that to determine how much companies pay. So, they are doing this in advance to avoid going bankrupt.
Cedar Falls cuts work hours due to ObamaCare
Cedar Falls cuts work hours due to ObamaCare - KWWL.com - News & Weather for Waterloo, Dubuque, Cedar Rapids & Iowa City, Iowa |