Merry Christmas, You're Fired...Love, President Obama

◼ Thanks to the 62,615,406 individuals who took off their thinking caps and re-elected President Barack Obama, thousands upon thousands of folks are receiving their pink slips now or soon will over the next several weeks or months. These lost jobs are often high-paying and are disappearing by the hour. - Chad Stafko/American Thinker

The culprit? It's none other than Obama's landmark legislation, The Affordable Care Act, aka ObamaCare.

Re-electing Barack Obama guaranteed that the 2.3% medical device tax, a key funding source for ObamaCare, will go into effect on January 1, 2013. This transfer of money from these companies to the federal government, which is effectively a far higher amount than it first appears, is producing massive layoffs in one of the most innovative and life-saving industries in America.

Understand that this 2.3% tax is not on the earnings of medical device makers; rather, it's on the top line, meaning the revenues of the company. So regardless of whether the medical equipment makers earn one red cent, they will still have to pay the tax.

...The list of job layoffs in this industry is staggering....

Here's the reality: people are losing their way of life because of this law. ObamaCare is not free. It costs jobs, and high-paying jobs at that. These folks who have lost or will soon lose their jobs have put many years into their educations and technical certifications only to have their jobs cut because of ObamaCare.

Maybe that's part of the whole purpose of this law. President Obama has been a propagator of class warfare throughout his presidency. We've seen it since his encounter with Joe the Plumber down to his campaign and present-day talk of soaking the rich with more taxes. All of this to take from those who have and give to those who have not. That is ObamaCare; it is the very definition of class warfare. Take from those who have -- in this case, those who are working in the medical device industry and earning a good living -- and give to those who have not...an evening of the playing field if you will.... More at the link