Re: Sequestration and the Obama Economy
Well here comes the triple wammy
Thanks for re-electing Obama so he can take this on the chin and we can end the nonsense of socialism.
When Obama first got the Stimulus done he promised itnwould add or save jobs. His wlush fund... errr... stimulus fund ended upngiving tons of pay raises for Government Employees. More than most liberal States can afford without further aid. Aid that wont come thank the Lord.
Faced with a growing crisia these States are now announcing either crippling taxes (California), cut backs (Illinois), or layoffs. Oh yeah, big lay offs. The taxes alone are forcing mnay layoffs as well.
Next we have ObamaCare. The medical device tax that Democrats screamed and defended as essential? Every last one of them (almost) want it removed. Device makers are announcing either layoffs or that they are moving to other nations because the tax exceeds their profit margin. Tons of jobs are being lost as of Jan 1st there as well.
Then the fast food places and other companies are doing a major hours cut on employees. Almost no full time positions will exist in these industries now. The poor we were supposedly helping will have to work 2 jobs insread of one. Great work!
Worse is the coming shuttings and layoffs from Christian businesses who will not do the abortion funding. Those jobs will be shutting down at the same time, oh wonderful! Some companies are dropping insurance and others are trimming their work force to be under the limit. Yes more jobs lost.
Sequestration also rears its ugly head. The Pentagon just announced 800,000 jons ending. Other defense related industroes have announced severely high layoff notices. If Obama was not going green he could probably stop1/3 the layoffs... but he has friends to pay off.
It is not unlikely we could see 4 million jobs lost in the next 3 months. The fiscal cliff is a joke... this is the true cliff. That exceeds 10% unemployment.
And it is just the start.
Thanks for voting Obama in, now the lert is forever tied to"no jobs"
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)