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Everybody knew that ObamaCare would cause people to LOSE their health insurance AND their jobs.
"John Deere will spend an additional $150,000,000 on health care.
Caterpillar will spend an additional $100,000,000 on health care.
Medtronic might lay 1,000 workers off.
Chelmsford might lay off 650 workers AND move their manufacturing operations overseas."
AT&T, the biggest U.S. phone company, joins Caterpillar Inc., AK Steel Holding Corp. and 3M Co. in recording non-cash expenses against earnings as a result of the law. Health-care costs may shave as much as $14 billion from U.S. corporate profits, according to an estimate by benefits consulting firm Towers Watson."
Thanks to the Democrats and Obama, we are swiftly moving into the larger phase of the Great Depression. Because the trillions in planned deficits, government bonds now have higher interest rates. That adds to the deficit. This means the cost of private borrowing will also go up, at the same time tens of thousands will lose their jobs so illegal aliens can have free health care.
But, 17,000 jobs HAVE been created by ObamaCare--that is the number of IRS agents to be hired to track you down if you refuse to get your own health care package. Makes you proud, huh?
Pass this article on to your friends and families--let them know that the national unemployment rate of 9/7% is the BOTTOM, not the top. For Californians, our 12.5% rate will look good in a year when our out of control deficits, debt and AB 32 take hold of the economy.
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"John Deere will spend an additional $150,000,000 on health care.
Caterpillar will spend an additional $100,000,000 on health care.
Medtronic might lay 1,000 workers off.
Chelmsford might lay off 650 workers AND move their manufacturing operations overseas."
AT&T, the biggest U.S. phone company, joins Caterpillar Inc., AK Steel Holding Corp. and 3M Co. in recording non-cash expenses against earnings as a result of the law. Health-care costs may shave as much as $14 billion from U.S. corporate profits, according to an estimate by benefits consulting firm Towers Watson."
Thanks to the Democrats and Obama, we are swiftly moving into the larger phase of the Great Depression. Because the trillions in planned deficits, government bonds now have higher interest rates. That adds to the deficit. This means the cost of private borrowing will also go up, at the same time tens of thousands will lose their jobs so illegal aliens can have free health care.
But, 17,000 jobs HAVE been created by ObamaCare--that is the number of IRS agents to be hired to track you down if you refuse to get your own health care package. Makes you proud, huh?
Pass this article on to your friends and families--let them know that the national unemployment rate of 9/7% is the BOTTOM, not the top. For Californians, our 12.5% rate will look good in a year when our out of control deficits, debt and AB 32 take hold of the economy.
More...