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American Employers Set To Lay Off Hundreds Of Thousands Due To Obama Reelection

November 9. 2012

Barack Obama

Based on reports in the news, employers across America are set to lay off hundreds of thousands of workers due to President Barack Obama being reelected, their lack of faith in his financial policies and Obamacare, the costly juggernaut of a health care program, sending up Medicaid costs.

Numerous reports keep coming out about employers making this determination, which is going to negatively impact the economy. However, some feel they will not be able to afford keeping all their workers on staff, in the face of four more years of what transpired during the President's first term.

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STORY SOURCE

Companies plan massive layoffs as Obamacare becomes reality  

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