Unemployment around 7.9%. That's unacceptable this late into Obama term

Posted in the Natchitoches Forum

Piper

Natchitoches, LA

#1 Nov 4, 2012
Unemployment has risen to 7.9%. According to Obama's own numbers, it should be less than 5.4%. Obviously his way is not working.

Since: Jul 12

Location hidden

#3 Nov 4, 2012
Notice that it never went down until Romney started hammering on it. Same thing with the Libya snafu. Also,sandy,it's neither 'normal'nor 'acceptable' at 7.9%.
Piper

Natchitoches, LA

#4 Nov 4, 2012
sandy wrote:
It's normal it is acceptable to me ok dumbass
Explain how that's acceptable to you?
Worker

Shreveport, LA

#7 Nov 9, 2012
And from all indications, it's going to get higher, not lower.
Quigley

West Monroe, LA

#8 Nov 9, 2012
Heard a little of His Lordship on the TV today. Read several articles. This dummy thinks the debt will go away by raising taxes on the rich. Wealthy people can afford to pay more,but they are not the only ones that will pay. When this foolish 'healthcare' goes into high gear,there are going to be a lot of disappointed folks,most of them big Obammy supporters. We have not seen the tip of the unemplotment disgrace. We are in for bad times people.
real time

United States

#9 Nov 9, 2012
what indications?
Quigley

West Monroe, LA

#10 Nov 9, 2012
When those that employ enough people have to furnish mandatory health insurance to them,they will be faced with two choices. Make a lot less profit or decrease the amount of employees. Some may even close their business. Then there are the unlucky ones that make enough to get by,but will have to buy the said insurance or pay a big fine. For those of you that think this Obamacare is free,wait and see.
here is the proof dummy

United States

#11 Nov 9, 2012
Freedom Works has put together a list of companies that will be laying off employees as a result of President Barack Obama's health care law:
Welch Allyn
Welch Allyn, a company that manufactures medical diagnostic equipment in central New York, announced in September that they would be laying off 275 employees, or roughly 10% of their workforce over the next three years. One of the major reasons discussed for the layoffs was a proactive response to the Medical Device Tax mandated by the new healthcare law.
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
Beyond the complete elimination of a significant number of American jobs is another looming problem created by the health care law - a shift from full-time to part-time workers.
Worker

Shreveport, LA

#12 Nov 9, 2012
real time wrote:
what indications?
http://247wallst.com/2012/11/07/boeing-telegr...

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