◼ You were warned: Obama’s layoff bomb goes BOOM! - Michelle Malkin
This is just the beginning.◼ Obama’s Layoff Bomb - Michelle Malkin
In case you missed it, Boeing announced massive layoffs and facilities closures yesterday. More: Small business owners are dropping the axe as they brace for the costs and burdens of Obamacare.
The Bureau of Labor Statistics reported last Tuesday that employers issued 1,316 “mass layoff actions” (affecting 50 workers or more) in September; more than 122,000 workers were affected overall. USA Today financial reporter Matt Krantz wrote that “(m)uch of the recent layoff activity is connected to what’s been the slowest period of earnings growth since the third quarter of 2009.” Some necessary restructuring is underway in response to the stagnant European economy. But more and more U.S. businesses are putting the blame — bravely and squarely — right where it belongs: on the obstructionist policies and regulatory schemes of the blame-shifter-in-chief....
Truth suppression is a time-honored Obama tactic, of course. Remember: The administration and its Democratic allies on Capitol Hill attempted to punish Deere, Caterpillar, Verizon and ATT in 2010 for disclosing how the costs of Obamacare taxes were hitting their bottom lines — even though they were simply following SEC disclosure requirements. The White House also tried to silence insurers who dared to inform their customers about how Obamacare was driving up premiums.
Not this time. The administration’s bully boys don’t have enough whitewash and duct tape to cover up the past, present and future devastation of the president and his economic demolition team.