Skip to comments.ObamaCare tax cost 33,000 jobs, medical trade group says
Posted on 02/21/2014 2:58:15 AM PST by Libloather
WASHINGTON A new ObamaCare tax on medical devices has already resulted in the loss of about 33,000 jobs in the industry, according to a prominent health-care trade association.
The grim statistic negates claims this week by Health and Human Services Secretary Kathleen Sebelius that there is absolutely no evidence . . . that there is any job loss related to the Affordable Care Act.
The Advanced Medical Technology Association surveyed its members to determine the number of lost jobs since the 2.3 percent excise tax on medical devices took effect in January 2013, raising about $3.8 billion a year to help pay for ObamaCare.
(Excerpt) Read more at nypost.com ...
These folks sure don’t appreciate the sometimes hair-balanced nature of capitalism.
Oh what’s a 2.3% tax?
Well that’s a gross tax. Not a tax on margin. On margin it’s far worse.
Way to whittle away at the golden egg production capability of the goose, Barack.
And that is in just one industry that was directly impacted. Many more are subject to the same displacement, or even greater, before the fallout has completely settled.
It is like the first hours after the World Trade Center was hit. There seemed to be sufficient integrity for the buildings to continue to stand, but once the collapse started, its effects completely overwhelmed any resources still remaining.
LOL! Along my thoughts. TOTALITARIANCARE frees 33,000 from "job lock". King Hussein hailed as freedom fighter!
I gits my stuff for free.
Others pay 4 me.
THIS WILL MAKE YOU LAUGH OUT LOUD: Pelosi keeps swearing the Dems are gonna run and win on the (gag) "glories" of Obamacare....but a PAC associated with Nancy Pelosi financed a TV ad for a candidate who slams the White House for the disastrous healthcare.gov website.....then boasts that the candidate voted to let you keep your existing health plan.
NOTE Obama's "Keep Your Plan promise" has been cited as The Lie Of The Year."
Yoo, Hoo, Nancy---better call home. Nancy has apparently not heard the news that a (gasp) Republican won the San Diego Mayor's race by a hefty margin.
THAT SUCKING SOUND YOU HEARD Feinstein, Boxer AND Obama all endorsed the Democrat loser Alvarez. An omen of things to come? Could this be the reason why (cackle)?
As far back as 2008, at the presidential debate in Nashville, Democrat candidate Obama advanced his signature healthcare plan---ultimately enacted, by an historic straight Democrat party-line vote, into the "Affordable Care Act"
QUOTING 2008 OBAMA: "No. 1, let me just repeat, if youve got a health care plan that you like, you can keep it. All Im going to do is help you to lower the premiums on it. Youll still have choice of doctor.
Repeated over and over again---- with his promise that every American family would be saving $2500.00 on healthcare costs.
Significantly, Obamba NEVER corrected lock-stepping Democrats, all reading from the same Democrat talking points, all of them repeating the same Democrat promises---over and over again.
LOCK-STEPPING PARTY LOYALTY NOT SEEN SINCE 1930-40's ERA EUROPE Obama And the Dems marched in lockstep.....the persistent Dumbocrat drumbeat ---- in obeisance to Obama ---- kept ringing reassuringly in our ears: "If you like your plan, you can keep your plan."
SEN. BARBARA BOXER (D-CALIF): So we Democrats want people to be able to keep the health care they have. And the answer to that is choice of plans. And in the state exchange, were going to have lots of different plans, and people will be able to keep the health care coverage they need and they want. (Sen. Boxer, Press Release, 2/8/11)
SEN DIANNE FEINSTEIN (D-CALI): I listened to the president and I believed him when he said, 'if you like your plan, you can keep your plan.' I believed he was correct. I didn't realize there were all these codicils attached to it. President Obama should never have promised that people would be able to keep their health plans. I think he was done a disservice. Someone should have stopped him and said on his staff. There's this condition and that condition."
THEN-HOUSE MAJORITY LEADER NANCY PELOSI (D-CALIF): "We must pass the O-care bill so we can find out whats in it." Tick, tock, tick tock,......we must now wait 1-2 decades for its "goodness" to rollout.
Most of these companies are in very blue states and they get what they vote for
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.