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  • #1
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    The collapse begins. Think this will be the end of the job losses. Liberals don't think it all the way through. We are in for 15% unemployment by the time obama is through destroying our country.
  • #10
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    So the guy fire 22 employees b/c Obama won, and Obama's the one destroying the country. Republicans should never hold any office post ever. they should've all been voted out.
  • #19
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    Their businesses don't deserve to survive! If they continue making money their business should be taken away so others can take over what they can't handle!
  • #22
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    @MBernard -

    "Jim Amos, CEO and chairman of Tasti D-Lite, a frozen yogurt franchise that operates in 14 states as well as globally, is certain of one thing: The ruling will hinder growth in the franchise space.“It’s going to force franchisees to shift workers to part-time to avoid the 50-employee threshold,” he said.“It will keep new owners and new openings on the sideline.”"

    http://www.cnbc.com/id/48000806/Small_Busines...

    "Small business owners and advocates responded to today’s Supreme Court decision on the Patient Protection and Affordable Care Act with anger, confusion and a lot of questions about where they go from here.

    “At this point, I have more questions than I have answers,” said Larry Mocha, president, Air Power Systems in Tulsa, Okla.“We already provide health insurance for our employees and have for many years. How will this impact our premiums? How will this impact [America’s] health-care system? And how will this impact my small business?”"

    "The Supreme Court ruled that the government can require that most Americans have health insurance, and require that individuals pay a penalty for not having insurance, which, according to Chief Justice John Roberts,“may reasonably be characterized as a tax.”

    “This decision sustains the uncertainty they currently have,” says Steve Caldeira, president and CEO of the International Franchise Association.“The impending costs of health care do not give business owners confidence to open that extra store or to hire more people and create the economic output our country needs.”"
  • #26
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    Until we know who David is the is just another Troll Plant story. Even Bsking could have tossed a more sophisticated story. Listen to the guy, If he's capable of running a 122 person company .... well I guess it doesn't take much to manage laborers
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  • #56
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    here is the deal, if i can't maintain the profit margin that i want and if the risk get too great, something will have to give and as the owner, i will be the last something
  • #96
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    Can someone post a link to the audio? There are stories around the web that read "Audio link here:" with no link. I want to hear this.
  • #98
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    @GetAwake My avatar (eye) and vote up notification is gone. I only have a thick black line and have to check my email for responses.. do you or anyone else know why?.. Thanks...
  • #110
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    @mimi57 @CanisCanemEdit might be having the same problem...I couldn't see HIS avatar while ago. I can see yours, though. You aren't suspended as of yet. No "circle-and-slash", I mean. Have you had Sitter-issues today?
  • #137
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    @marine1
    It is like people think that businesses just create money out of thin air to pay the liabilities with. They want everything free, they want the company to eat all extra costs without raising prices, etc. Free enterprise doesn't work like that. At the bottom line, your revenues have to at the minimum, meet, your expenses, or you're out of business.
  • #2
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    Nearly 100% of all independent analysis of the impact of Obamacare on mid to small businesses shows a significant cost increase.

    Businesses all employ people based on profit. Cut the profit and you cut the people.

    This is just the begining.
  • #45
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    No, rather, he's just another bitter, angry, republican sore-loser. That all. This is his way of just blowing off steam.

    Once his business starts to tank, he'll probably go looking for them again. I hope they don't go back. But instead open their own business right next to his.
  • #67
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    "But a new study by the Urban Institute — modeling the effect of Obamacare’s various provisions on employer behavior had the law been in effect in 2012 — found the health care reform law would’ve only impose a modest increase of 2.2 percent on total employer spending. More strikingly, for small businesses of 100 employees or less, total spending would’ve actually decreased by 1.4 percent"-----

    AND:..."Open enrollment for individual and small business health insurance exchanges begins Oct. 1, 2013.“Exchanges are probably the most important provision of health-care reform for small businesses because they will help lower costs and improve choice of plans,” says Erin Musgrave, communications director at Small Business Majority, an advocacy group that has pushed for health-care reform."....

    AND.."If you employ 25-49 people, you won’t face this choice. The government won’t require companies with fewer than 50 employees to offer health insurance starting in 2014, and therefore these companies won’t have to contend with possible fines like their big brothers."..AND----" Small businesses that meet certain criteria would be able to purchase health insurance through an "insurance exchange" – allowing them to choose among a multitude of plans that would provide better coverage at lower costs than they could find in the current small group market.
    Many small businesses that provide health insurance for their employees would receive a small business tax credit to alleviate their disproportionately higher costs and encourage coverage. The tax credit would be targeted to those firms with employees whose average wages fall below a certain threshold.
    The current reform options include financial incentives for medium- and large-sized firms to provide health insurance coverage through so-called "pay-or-play" provisions. Firms with payrolls or employment levels below a certain threshold, which would include the vast majority of small businesses, would be exempt from the pay-or-play provisions.
    The creation of an insurance exchange would also provide better and lower-cost options for workers in small businesses that do not offer health insurance. Low-income individuals and families would receive sliding scale subsidies to help them purchase insurance. Additionally, health insurers would not be allowed to screen potential enrollees for pre-existing conditions.
    The proposed reforms could help spur entrepreneurial activity by increasing the incentives for talented Americans to launch their own companies, and could increase the pool of workers willing to work at small firms. Further, successful reform would reduce the phenomenon of "job lock," in which workers are reluctant to leave a job with employer-sponsored health insurance out of fear that they will not be able to find affordable coverage. Small firms that are unable to provide health insurance for their employees bear the greatest cost of this phenomenon.
    Reductions in absenteeism and improvements in worker productivity resulting from better health outcomes because of expanded coverage would particularly benefit small businesses.".....

    Just a few thoughts and references on the subject...
  • #88
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    Is a Las Vegas casino a "mid to small business"? I'm not sure where the line is drawn. This article is more than likely about Steve Wynn (I'd bet money on that), and he has a pretty big enterprise going. Nothing small or even mid-sized about ol' Steve.
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  • #6
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    If that was his plan all along then why did he tie it to the election? If Romney had won he'd be stuck with employees he didn't want.
  • #12
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    @Amtrak_Sam Simple. He would have laid them off eventually but not made a big, political deal out of it. Time shares are doing terribly right now because people can pick up fully-owned vacation properties for a good price.
  • #44
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    @Fishbone345 If he was planning on reducing anyways, presumably the reason is cost, which is excuse enough. He ties his hands by opening his mouth about the election outcome. If Romney had won and then he fire people anyway he'd look like a total ass.
  • #53
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    @Amtrak_Sam He looks like an a55 now. You are debating levels of how much a55 he resembles.
    I say its moot. The guy is a piece of work, that planned it all along and wants his 15 minutes.
    Next story...
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  • #27
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    That's crazy! Sounds like lawsuit time to me. So, now they'll draw unemployment. Even if Romney had won, Obamacare had already been passed! It would've took years to overturn it. He just used it as an excuse. He probably bet to much cash on Romney, and lost!
  • #14
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    "Is 'David' right to be concerned about business costs imposed by Obama?" Naw, no business owner should be concerned about costs. Why should they, They didn't build it! Now, to be serious, this question just might rank #1 for dumb questions. What's the use to own a business if you can't profit from that ownership? Of course, if you've never ran a business, you wouldn't understand....(can you hear me now Obama?)
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  • #29
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    "Of course, if you've never ran a business, you wouldn't understand."

    I run a business now. This guy is just a loser right wing grand stander who is making a point at the expense of his employees. His need to fire someone did happen overnight. And it certainly did not happen because of an Obama policy. If it did, then he is a piss poor manager. What a loser.
  • #78
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    Really? His profits will suffer from it. I'm sure he did it because he honestly thought he was going to need to downsize due to the high taxes and regulation Obama will create. He needs to save extra money for lawyers.
  • #90
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    Not just a jerk, but an abject COWARD, hiding behind an alias. I'd bet money it's Steve Wynn, since I remember reading a few articles last month about his having a "talk" with his employees about what would happen if Romney lost. Come on, Steve! Grow a pair and admit it's you!
  • #93
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    @Politicskid -

    The stock Market fell 313 points on the news of Obama’s reelection and 121 points on Thursday for a two day fall of 434 points.

    American’s are falling right into Obama’s subversive socialist little hands. More lay offs mean unemployment. And this will mean more people will go on food stamps and possibly on other social entitlements. Eventually Republicans voters who are in this predicament will vote Democrat as they see their own party looking to cut what they need to survive.

    This scenario will eventually ensure a permanent Democrat majority in the Senate and the House and a guaranteeing a Democrat voted in ever four years into the White House. From there we will become another Greece.
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  • #125
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    anyone who voted for the Obama should be fired
    they want a bad economy , allow them to have one
    its the best revenge
  • #149
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    Obama will fire and put them on welfare without the employer's effort because the U.S economic collapse will happen in the mid-2013 when our tax dollars went to Iran and the Persian Gulf.
  • #83
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    David is just the start. Several companies threatened the same thing. It's just good business if your bottom line drops you have to cut costs and sometimes that means staff. He may have fired them too soon, but it would have come anyway. If he is an at will state he doesn't have to have cause he can just let them go. This election will have far reaching consequences.
  • #66
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    High gas prices, medical costs going up, low inventories, banks not lending, foreclosures high, regulations stifling, congress not getting along, laws being broken, too much giving to countries who hate us, trillions in debt, if I were David I would have shut it down.
  • #58
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    I've never really read that much into Obamacare...I have a 3 day weekend so I think I'm going to read it from start to finish. A little light reading lol...yeah, not so light.
  • #77
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    @Politicskid

    Hmm, that sucks. If it's going to dictate how we live part of our lives I think we should be entitled to know what we are in for.
  • #91
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    @EMS_Servant we are in for a hard row ahead, protect you interest and stay off the grid as much as you can.
  • #48
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    I see the business owners reasoning behind watching out for his bottom line, but what he did was have an emotional reaction to Obama's win, and used firing some of his employees as a vent for his frustration. Unfortunately this is one of human races major faults, reacting out of blind emotion. It causes people to put on their blinders and ignore all reasoning and rational thought. You have a large majority of voters whose emotions are manipulated by the media who get them worked up into a frenzy. So much so that they get locked into a rut on one side or the other to the point facts no longer matter, and then they support their political party blindly without question, no matter how poorly they may perform. We all know many votes were cast out of emotional hatred for the other party, and here you have a man also acting with his emotional hatred and firing his workers in protest.

    A rational way to do this was to hand pink slips to the 22 workers saying that they may be laid off in the near future should things get worse than they are right now.
  • #138
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    You mean like all those other companies who were about to send out pink slips, until Obama begged them not to, offering to pay for their WARN act penalties instead?
  • #4
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    He expects us to believe that his overhead increased so much in one day that he had to lay off 22 employees? Let me guess, they were all registered as Democrats.
  • #8
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    You're going to see more of this. I'm praying that this once great nation makes it through. No one deserves to have to live under eight years of obama. It is more punishment than a convicted criminal deserves. So sad. So sicking sad.
  • #11
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    @Neo_NtheMatrix Yeah, it IS sickening that someone is so petty that he will take out his disappointment on his employees. I'm guessing that his former employees will not let him remain anonymous for long.
  • #20
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    @Neo_NtheMatrix When I read hyperbole like this, it makes me angry. There are people in the world who live every day with warfare and explosions going on around them. There are people dying for lack of clean drinking water or decent food or antibiotics. And yet here you sit in your comfy armchair at your expensive computer whining that you have it rough. If you want to be a drama queen, fine, but you better find something real to be dramatic about. Right now, you are living in luxury that most emperors never enjoyed because you live in the U.S. You might want to try on a little gratitude. It's good for the soul.
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  • #202
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    What kind of moron makes such a business move when there has been no change in legislation to make a financial impact upon a business yet? Politics of business? What a charade.
  • #199
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    Yes he is right on point...a government that is strong enough to give you everything you want, is strong enough to take everything you have.
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