NYT Finally Admits 'Gender Affirming Care' Is Dangerous
According to Joe Biden, Americans Are All Just a Bunch of Idiots
Biden Admin Considering Taking Trump-Era Measures to Combat Border Crisis
Is McCarthy's Speakership Bid in Peril? Reported Vote Counts Suggest There Could Be...
Border Residents and Law Enforcement Brace for When Title 42 Goes Away
Fact Check: White House's Misleading Claim Biden Has Been to the Southern Border
Don Lemon Loses His Juice, Max Boot Turns Pro-Commie, and Chris Hayes Cries...
Boring, Babbling, Insufferable Joe Biden
The Only Question That Matters Now Regarding Trump's Tax Returns
So, the Secret Service's Rental Vehicles Went Up in Flames in Nantucket
Will Ron DeSantis Run in 2024? His Latest Move May Suggest So
‘House of Horrors’: Man Charged With Decapitation of Woman Inside Philly Home
Musk Confirms: Yes, Twitter Has Interfered in Elections
New Study Has Some Bad News for Wind Energy Advocates
John Kirby Confronted Over China Taking Advantage of Disastrous Afghanistan Withdrawal

Big Dem Donors' Company to Cut Jobs Due to ObamaCare

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

Remember when Nancy Pelosi said ObamaCare would "create 4 millions of jobs – 400,000 almost immediately."  Don't hold your breath.

Now that businesses have had time to "find out what's in it" as the former Speaker of the House invited, instead of job creation, jobs are actually being destroyed by the provisions of ObamaCare, just as concerned critics predicted.  A study by the NFIB, the National Federation of Independent Businesses, predicted 1.6 million jobs would be destroyed by 2014 when ObamaCare would be fully implemented, mostly within small businesses.  Even the CBO predicted 650,000 jobs would be destroyed by the legislation.   It's happening. 

Stryker Corporation is a manufacturer of artificial hips and knees for replacement surgery headquartered in Kalamazoo, Michigan.  Due to a new 2.3% tax on medical devices that will be imposed because of ObamaCare, Stryker has announced a 5% reduction in the company's 20,000 employee global workforce in order to reduce annual pretax operating costs by more than $100 million prior to 2013 when the new tax is scheduled to kick in.   

Ironically, Pat and Jon Stryker, the billionaire grandchildren of the company's founder and orthopedic surgeon Homer Stryker, have invested millions of their inherited fortunes electing Barack Obama and Democrats who passed the legislation that is destroying jobs and increasing costs at the company that made them rich. 

Pat and Jon are ranked among the richest people in America by Forbes, and like to identify their occupation as "philanthropist."  We doubt the Stryker employees who get fired will appreciate the result of Pat and Jon's political "philanthropy."

Join the conversation as a VIP Member


Trending on Townhall Video