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  1. #1
    Join Date
    Jul 2011
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    Massive layoffs coming attributed to ObamaCare.

    Quote:
    Originally Posted by justinnum1
    Wade will be a lot better next season now that he got knee surgery. Hate on. - 7/31/2012

  2. #2
    Join Date
    Jan 2006
    Location
    America
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    I notice Boston Scientific is putting the health care tax as a reason but then I also see this:

    Shares of Boston Scientific were down $1.73 or 17 percent at $8.43 in afternoon trading on the New York Stock Exchange. Late Monday after the NYSE closed, the company reported third-quarter earnings that missed expectations and cut its full-year forecast.
    My guess is not meeting earnings will not influence a companies long term viability at all and its all the tax.
    ___

    This is another one that confuses me:

    Stryker said last November that it would eliminate 5% of its global workforce as part of an effort to realize $100 million in annual productivity gains to offset the hit when the excise tax takes effect in 2013.
    So are the cuts really do to this tax or is it perhaps another scapegoat?
    Member of the Owlluminati!

  3. #3
    Join Date
    Oct 2010
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    If you notice, most of that list is in the same field.I would think the use of the word "massive" is misplaced.

    Medical instruments are way over billed and have been for a very long time.
    They are one of the culprits behind spiralling healthcare costs as hospitals MUST have supplies so the costs are just forwarded without concern to customers.

    It remains to be seen how the tax will effect pricing structures,but this continued attack on this Bill is pointless.
    http://www.google.com/url?q=http://w...mhZkGdvCzqSb8A

    so lets see...
    the third world,the middles east and the US.
    makes you proud huh?

  4. #4
    Join Date
    Oct 2007
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    6,680
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    The market is finally correcting itself because perverse incentives are abolished via Medicare reform. This is a good thing.

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