http://theeconomiccollapseblog.com
http://albertpeia.com/postelectionfiringslayoffs.htm
The
victory by Barack Obama on election night has resulted in a huge wave of
firings and layoffs all over America. A large number of businesses seem
to have suddenly shifted into panic mode. The number of layoff
announcements that we have seen in the last 48 hours has been absolutely
shocking. So why is this happening? Well, the truth is that the
federal government is absolutely suffocating small businesses all over America
with rules, regulations and taxes. If you have never tried to run a small
business, then you have no idea how oppressive this system actually is for
people that are trying to run small businesses successfully. It has
steadily gotten worse over the years no matter who has been in the White House
and no matter who has controlled Congress. So we shouldn't put 100% of
the blame on Obama. Bush massively expanded government and made things
harder on small business people too. But what many small business people
were looking for on this election day was just a little bit of help. Many
were desperately holding out hope that Obamacare would be repealed so that they
would not have to get rid of some of their employees. Many were hoping to
get a little bit of relief from the crippling regulations and taxes that are
absolutely crushing them. But now that Barack Obama has been given
another four years, they understand that there is no hope on the horizon and
that things are only going to get worse. So they are making the hard
decisions that they feel are necessary in order to survive in this economic
environment.
And I certainly don't blame them. You only want to have employees
if you can make a profit on them. And in this environment it is getting
harder than ever to make a profit on an employee. You see, the truth is
that what you cost your employer goes far beyond your salary or your hourly
wage. I think many of you would be absolutely shocked if you learned how
much it actually costs your employer to employ you. And now thanks to
Obamacare, that cost is going to go up even more.
Many businesses are not even feasible at all in this economic
environment. Many small businesses had been holding out hope that somehow
this election might turn things around and make it possible for them to keep
going, but when Obama won it was kind of like the straw that broke the camel's
back.
You can't do what the federal government and the state governments are
doing to us and expect to have a thriving economy. They are choking the
life out of us.
New businesses and small businesses are supposed to be at the heart of
our economic system. Unfortunately, the environment that has been created
is absolutely killing them. This is a recipe for disaster.
In a previous
article, I noted that the number of jobs created at new businesses
in 2010 in the United States was less
than half of what it was back in the year 2000.
Now we can expect that number to get even worse and we can expect large
numbers of small businesses to shrink in size or close their doors completely.
The following is a list of some of the post-election firings and layoffs
that we have seen since Tuesday night...
#1 Utah
A Utah coal company owned
by a vocal critic of President Barack Obama has laid off 102 miners.
The layoffs at the West
Ridge Mine are effective immediately, according to UtahAmerican Energy Inc., a
subsidiary of Murray Energy Corp. They were announced in a short statement
made public Thursday, two days after Obama won re-election.
The layoffs are necessary
because of the president's "war on coal," the statement said. The
slogan is one used frequently during the election by Murray Energy CEO Robert
Murray, who was an ardent supporter of Republican presidential candidate Mitt
Romney.
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.
#2 Ohio
I work for the oldest and
largest health insurer in the state of Ohio in the underwriting department. At
9 a.m.this morning, my department (about 50) were called into a meeting in the
executive boardroom. We were informed that due to a provision in the healthcare
'reform' effective 2014 called guarantee issue, our services would no longer be
needed, and we were offered severance So Obama got to keep his job, and
we lost ours. It is maddening that some tyrant 400 miles away can have such a
ruinous effect on peoples lives.
#3 Nevada
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
[I] 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.
#4 Posted below is
a list of layoff headlines from the past few days that was posted on AmericanThinker.com...
Obama was "fired
up" and so were the voters, and so now, the mass firings begin. Here's a collection
of today's headlines. Please say a prayer for the families who will be
suffering. Had Romney won, many of these companies would now be hiring.
Teco Coal officials
announce layoffs
Momentive Inc plans
temporary layoffs for 150
Wilkes-Barre officials to
announce mandatory layoffs
600 layoffs at Groupon
More layoffs announced at
Aniston Weapons Incinerator
Murray Energy confirms 150
layoffs at 3 subsidiaries
130 laid off in Minnesota
dairy plant closure
Stanford brake plant to
lay off 75
Turbocare, Oce to lay off
more than 220 workers
ATI plans to lay off 172
workers in North Richland Hills
SpaceX claims its first
victims as Rocketdyne lays off 100
Providence Journal lays
off 23 full-time employees
CVPH lays off 17
New Energy lays off 40
employees
102 Utah miners laid off
because of 'war on coal', company says
US Cellular drops Chicago,
cuts 640 jobs
Career Education to cut
900 jobs, close 23 campuses
Vestas to cut 3,000 more
jobs
First Energy to cut 400
jobs by 2016
Mine owner blames Obama
for layoffs (54 fired last night)
Canceled program costs 115
jobs at Ohio air base
AMD trims Austin workforce
- 400 jobs slashed
100 workers lose jobs as
Caterpillar closes plant in Minnesota
Exide to lay off 150
workers
TE Connectivity to close
Guilford plant, lay off 620
More Layoffs for Major
Wind Company (3,000 jobs cut)
Cigna to lay off 1,300
workers worldwide
Ameridose to lay off
hundreds of workers
#5 According to the
Blaze, the following major corporations have all announced layoffs
in just the past two days...
Boeing (30% of their management
staff)
Momentive Performance Materials
You can get the rest of the
details right
here.
#6 The following
is a list of companies that will be laying off workers just because of
Obamacare that was compiled by FreedomWorks...
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
A lot of other businesses are
going to reduce the number of employees they have or reduce the average work
week in order to avoid the Obamacare insurance coverage mandate that will soon
be implemented.
This is how CNSNews.com
describes the choice that many employers will be facing...
That section, known as
the employer mandate, requires any business with 50 or more
full-time employees to provide at least the minimum level of government-defined
health coverage to those employees. In other words, a business must
provide insurance if it has 50 or more employees working an average of just 30
hours per week, which is 10 hours per week fewer than the
traditional 40-hour work week.
Thus, by cutting
employees’ hours to ensure they average less than the 30 per week, employers
could potentially avoid the cost of providing the minimum insurance levels
mandated by Obamacare.
So if your company trims the
number of workers to just under 50 or starts going to "29 hour work
weeks", then you will know who to blame.
All of this is complete and
utter insanity. We are committing national economic suicide.
But perhaps we deserve
this. After all, Americans willingly chose their leaders on election day.
It is getting harder and harder to deny that our politicians are truly a
reflection of who
we are as a nation.
The American people chose this
path, and now we get to see where it leads us.