Thanks to Obamacare Smith & Nephew Orthopedics Laying Off 100 Workers Because of 2.3% Excise Tax on Medical Devices
Obamacare costs Americans more jobs …
The 100 employees who are being laid off at Smith & Nephew Orthopedics in Memphis, TN and Andover, MA can than President Barack Obama and Obamacare for their new found unemployment. The lay offs are being attributed to Obamacare and the excise tax was built into the Affordable Healthcare Act and took effect on January 1, 2013 that puts a 2.3% tax on medical devices. Just yet more brilliance from Barack Obama and the government take over of healthcare. With a poor economy and a jobs market that continues to struggle with job growth, Obama has done his part to make sure even more Americans lose their jobs. All in the name of taxes and increasing g revenue to pay fro his boondoggle called Obamacare.
I guess its kind of hard for you to keep your insurance and doctors like I promised if you lose your job, eh?
Smith & Nephew Orthopedics is laying off an estimated 100 employees in Memphis and Andover, Mass., citing the 2.3 percent excise tax on orthopedic device companies as the reason.
Joe Metzger, senior vice president of corporate communications for Smith & Nephew, said the tax is impacting “a number of companies across the U.S.”
“Smith & Nephew is not immune from this added expense burden,” Metzger said in a statement. “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. The company is providing the affected employees with a comprehensive severance package and outplacement support.”
Smith & Nephew employs an estimated 1,815 people in Memphis, according to Memphis Business Journal research. Metzger declined to reveal how many of the roughly 100 layoffs occurred in Memphis. A report in the Memphis Daily News, quoting anonymous sources, said there were 60 local jobs lost.
Just curious, if Obamacare is so affordable, why are people losing their jobs to pay for it?
Posted February 2, 2013 by Scared Monkeys Barack Obama, Business, Economy, Epic Fail, Healthcare, Jobs, Layoff - Fired, Nanny State - Big Government, Obamacare, Obamatax, Socialist in Chief, Socialized Medicine, Tax & Spend Liberals, Taxes, The Lying King, Unemployment | 7 comments |
January 2013 Unemployment Rate Increases to 7.9% … Welcome to the Continued Obama Jobless Recovery
YOU ASKED FOR IT AMERICA, YOU GOT IT … MORE POOR JOBS NUMBERS FOR BARACK OBAMA …
2013 starts off with the same pathetic, ho-hum economic jobs data as 2012 ended. The economy adds another yawn 157,000 jobs in January as the unemployment rate ticks up to 7.9%. Get used to it America, you are the ones who reelected Barack Obama and his failed economic policies. Did you expect things to change with regards to jobs when you reelected that same failed policies and agenda? Welcome to the jobless Obama recovery. How can anyone expect job growth to change when we have a president who believes in increasing taxes and over-regulating business? So is Obama and his minions going to still blame George W. Bush? No, they will blame House Republicans for the next four years. They will find blame with anyone, except Barack Obama.
Obama is laughing at you America for reelecting him
The new year started off with an old story: Employment grew again in January but not at a pace able to lower the jobless rate.
Nonfarm payrolls rose 157,000 for the first month of 2013 while the unemployment rate edged higher to 7.9 percent, news unlikely to alter the Federal Reserve’s monetary policy or instill confidence that the recovery is gaining steam.
Economists were looking for 160,000 net new jobs created with the unemployment rate holding steady at 7.8 percent.
The ho-hum jobs numbers for January were accompanied by substantial revisions higher for previous months, according to the report from the Bureau of Labor Statistics.
From the Department of Labor:
The number of unemployed persons, at 12.3 million, was little changed in January. The
unemployment rate was 7.9 percent and has been at or near that level since September 2012.
(See table A-1.) (See the note and tables B and C for information about annual population
adjustments to the household survey estimates.)Among the major worker groups, the unemployment rates for adult men (7.3 percent), adult
women (7.3 percent), teenagers (23.4 percent), whites (7.0 percent), blacks (13.8 percent),
and Hispanics (9.7 percent) showed little or no change in January. The jobless rate for
Asians was 6.5 percent (not seasonally adjusted), little changed from a year earlier.
(See tables A-1, A-2, and A-3.)
Just yesterday the Labor Department stated that the weekly initial claims for state unemployment benefits increased 38,000 to 368,000. Of course this was coupled with Obama ending his failed Jobs Council that met four times in two years. Just curious, do the members of this joke of a Council considered lost jobs? Obama’s minions actually have the nerve to tout this group as a success because the unemployment rate has come down in the past two years. Of course this fails to address the issue that millions of Americans have simply left the work force.
Posted February 1, 2013 by Scared Monkeys Barack Obama, class warfare, Economy, Epic Fail, Jobs, Labor Force, Obamanation, Obamanomics, Socialist in Chief, Unemployment | no comments |
He Said He Would Reach Across the Aisle … Barack Obama, the Most Polarizing President Ever During First Term as President
BARACK OBAMA, THE DIVIDER IN CHIEF … According to Gallup, Barack Obama is the most polarizing President ever during their first term in office.
In the end it was not even close. Barack Obama was the most polarizing president in the history of Gallup polling for a president during their first term in office. Obama finished his 4 years in office with a 70 point partisan average gap, the next closest was George W. Bush at 61. Barack Obama finished his fourth year as president, tied with GWB at 76. Gallup tries to explain Obama’s record polarization by saying it is just the era we live in. What they won’t tell you is that the reason for the polarization is at record levels is because Barack Obama is trying to fundamentally change the United States into a Western European socialist country. That is why so many who appose him have such a negative view of his policies. Obama once said that he would reach across the aisle and that there were no red or blue states, only the United States. What a fraud perpetrated on the American people.
Obama on Pace to Be Most Polarizing President Yet
The average party gap in ratings of President Obama during the four years of his presidency is 70 percentage points. If that average holds, it would surpass Bush’s record 61-point average polarization during his eight-year presidency by a considerable margin. Bush also finished his presidency with a significantly larger party gap in job approval ratings than the previous leader, Bill Clinton (55 points).
Hey America, how’s that “Hopey-Changey” stuff working out for you?
Posted January 25, 2013 by Scared Monkeys Barack Obama, class warfare, Crony Capitalism, Divider in Chief, Epic Fail, Gallup, Imperial President, Obamanation, Partisan hack, Politics, Polls, Socialism, Socialist in Chief, The Lying King | no comments |
President Barack Obama Says “US Is Not Deadbeat Nation” …Misses Deadline for Sending Budget to Congress after Continued $1 Trillion Deficit Spending
THE LION LYING KING: President Barack Obama is once again playing divisive, misrepresentative, fear, blame games … says “US is not a Deadbeat Nation”.
No, we are not a deadbeat nation, we have a deadbeat President in office. Barack Obama is claiming that the US will default on their debt if the debt ceiling is not raised. YOU LIE. We will not default, all that will occur is that new spending will be halted. Something that needs to happen. What a joke this president is. Just after he says that the US is not a deadbeat nation, Obama missed the deadline to sending a budget to Congress. Who is the deadbeat, Mr. President? To date, Obama has yet to have any budget passed by Congress. When Obama was Senator Obama in 2006. he stated that raising the debt limit was “a sign that the U.S. Government can’t pay its own bills”. So what’s the difference now, oh, he is now president. Sorry America, but Barack Obama’s presidential spending spree is the definition of a deadbeat. Obama is not saying that by extending the debt limit, he is paying for current debt. He is doing this to tack more wasteful spending on to a credit card that he never intends to pay back. That my friend is the definition of a deadbeat.
The “Deadbeat” President
The Frontpage Magazine reported the following:
1. In 2006, Obama said that raising the debt limit was “a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies”.
Now failing to raise the debt limit and not pay the bills using financial assistance from foreign governments to finance his reckless fiscal policies is a sign that America can’t pay its own bills. By which he means his bills.
2. When you run up this high a debt, then you are a deadbeat. Turning the national numbers into a family income, Obama’s spending spree is the equivalent of a family with a $21,700 annual income running up $16,500 in new debt to be added to $142,710 in existing credit card debt.
If that’s not the definition of a deadbeat, I don’t know what is.
3. It’s not America’s debt. It’s America’s debt the way that it’s your debt when the bellboy runs up illegal charges on your credit card. And here the bellboy is accusing the hotel of being deadbeats unless they let him run up a lot more charges on the country’s credit card.
4. Obama isn’t proposing that America pay the bills, but that it borrow even more money that he doesn’t intend to pay back either.
Remember when Obama said that adding $4 trillion in debt was unpatriotic … Why is it different for Obama’s nearly $6 trillion?
Why is it different for Obama and why is the MSM not holding his feat to the fire and pointing out the obvious double talk? Obama is the most divisive and misrepresentative president we have ever had and when you call him on it, one is branded a racists. Some one best call him out and stop his destruction of the United States before its too late and we do not have a country to save. Seriously America, how simple is this for you to understand? If all a credit card company did was increase your limit whenever you went over, you would never get serious and pay down your debt, you would just keep spending until the next increase. Until eventually you have such an insurmountable debt that could never be paid.
Posted January 15, 2013 by Scared Monkeys Barack Obama, Budget, Budget Deficits, class warfare, Divider in Chief, Economy, Epic Fail, National Debt, Obamanation, Socialist in Chief, The Lying King, WTF, You Tube - VIDEO | one comment |
Barack Obama White House Readies 19 Executive Actions on Gun Controls … The 2nd Amemendment & Constitution is about to be Assaulted
AMERICAN, DID YOU THINK THE PRESIDENT WHO CARES LITTLE OF THE US CONSTITUTION WAS JOKING … According to the Politico,The Obama Administration is readying 19 executive actions on gun control. Obama. Biden and Democrats say the hell with the US Constitution, the 2nd Amendment, the Congress and separation of powers. America, you reelected an “Imperial” president and sadly that is now what we have. The fact that Obama wants to bypass Congress on the debate of this issue and act as a dictator should be chilling. Under the guise of protecting individuals from guns, Obama is coming after the guns in a manner that will do nothing to stop gun violence. This is about gun control and weakening the 2nd Amendment, not stopping gun violence.
The White House has identified 19 executive actions for President Barack Obama to move unilaterally on gun control, Vice President Joe Biden told a group of House Democrats on Monday, the administration’s first definitive statements about its response to last month’s mass shooting at Sandy Hook Elementary School. Later this week, Obama will formally announce his proposals to reduce gun violence, which are expected to include renewal of the assault weapons ban, universal background checks and prohibition of high-capacity magazine clips. But Biden, who has been leading Obama’s task force on the response, spent two hours briefing a small group of sympathetic House Democrats on the road ahead in the latest White House outreach to invested groups. The focus on executive orders is the result of the White House and other Democrats acknowledging the political difficulty of enacting any new gun legislation, a topic Biden did not address in Monday’s meeting.
America, there is a reason why Our Founders set up a separation of powers for the executive, legislative and judicial branches of government. There is a reason why the Founders developed a “Bill of Rights” for “We the People” to protect us from a future tyrannical government.
UPDATE I: Texas Republican Rep. Steve Stockman threatened President Barack Obama that he would file articles of impeachment against Obama if he institutes gun control measures with an executive order.
Stockman warned that such executive orders would be “unconstitutional” and “infringe on our constitutionally-protected right to keep and bear arms.” (RELATED: Levin: If Obama sidesteps Congress on debt ceiling, ‘no choice’ but impeachment)
“I will seek to thwart this action by any means necessary, including but not limited to eliminating funding for implementation, defunding the White House, and even filing articles of impeachment,” Stockman said in a statement.
Posted January 15, 2013 by Scared Monkeys 2nd Amendment, America - United States, Barack Obama, Democrats, Divider in Chief, Gun Control, House of Representatives, Imperial President, Obamanation, Senate, Socialist in Chief, US Constitution, We the People | 3 comments |