One of the most destructive features of ObamaCare is the new tax it levies on medical device manufacturers. It will inevitably kill hundreds of thousands of jobs and, now that the voters have been dumb enough to re-elect Obama, the layoffs are beginning:
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. One of the major reasons discussed for the layoffs was a proactive response to the Medical Device Tax mandated by the new healthcare law.
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.
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.
Smith & Nephew – 770 layoffs
Abbott Labs – 700 layoffs
Covidien – 595 layoffs
Kinetic Concepts – 427 layoffs
St. Jude Medical – 300 layoffs
Hill Rom – 200 layoffs
Good job Obamazombies. Remember this when your wait times begin to increase for CTs, MRIs, and other tests requiring sophisticated equipment. When this happens in Canada, the patients just come across the border to the U.S. Where are you idiots going to go? Mexico?