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ObamaCare Tax Causes Additional Layoffs

Rich656 Wrote: Feb 02, 2013 8:42 AM
Cost up to up 39,000 jobs? Bull! It's going to cost a lot more jobs than that. But job losses will pale in comparison to the number of people; sick, with disabilities, or severely injured, who will live limited lives, or in pain, or die because they will be denied the medical devices necessary to sustain and/or maintain their lives because the tax makes those devices unavailable and/or unaffordable. And what about the future? How many people will die in the future because this tax not only stifles manufacturing of medical devices reducing their availability in the market, but also stifles innovation in the industry? cont'd below
JB in MS Wrote: Feb 02, 2013 7:44 PM
The "39,000 jobs lost" estimate was for those due solely to the medical device tax, so that may be accurate. Far, far more jobs will be lost as a result of Obamacare as a whole. Or is that "as a hole", because it is definitely a sucking black hole for the American economy.

As if today’s announcement from the Obama administration regarding the minor changes to the Affordable Care Act was not depressing enough, a global medical company called Smith and Nephew has now said that they are going to layoff nearly 100 workers in their Tennessee and Massachusetts offices. The company cites ObamaCare as their reason why.

"Unfortunately, and in order to absorb this cost burden into our business, this has meant less than 100 positions have been made redundant across various departmental functions in our Tennessee and Massachusetts sites," they said in a statement released earlier this week.

The specific...