Obamacare’s Taxes And The Impact On Jobs

Romney says that he knows why jobs come and why jobs go.  Obama doesn’t.

Barack Obama feels a sense of charity.  And he thinks that government should act on that charity.

Are there people who get sick or hurt and can’t afford their care?  Well, by golly, the government should step in and perform that charity.

But when he realizes that people respond in rational ways, he becomes confused and then angry.  “Why won’t people just DO the right thing?  Why won’t they accept the added burden of Barack’s charity and continue to hire?”

An Indiana-based medical equipment manufacturer says it’s scrapping plans to open five new plants in the coming years because of a looming tax tied to President Obama’s health care overhaul law.

Cook Medical claims the tax on medical devices, set to take effect next year, will cost the company roughly $20 million a year, cutting into money that would otherwise go toward expanding into new facilities over the next five years.

“This is the equivalent of about a plant a year that we’re not going to be able to build,” a company spokesman told FoxNews.com.

He said the original plan was to build factories in “hard-pressed” Midwestern communities, each employing up to 300 people. But those factories cost roughly the same amount as the projected cost of the new tax.

“In reality, we’re not looking at the U.S. to build factories anymore as long as this tax is in place. We can’t, to be competitive,” he said.

This is why companies move jobs overseas.  The government forces the price of labor to the point that such labor isn’t competitive.

By the way, to answer the question above, “Why won’t they accept the added burden of Barack’s charity and continue to hire?”  I suspect that he would say that they are greedy.

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