JLF Triangle Blog

CBS: Anticipating Obamacare Regulations, Employer Lays Off 22 of 114 Employees

And so it begins. With Obamacare’s massive regulations virtually assured to take effect — barring some sort of legal intervention — a business owner in Nevada says he has no choice but to lay off 22 members of his 114-person workforce. Here’s part of what the business owner told a radio station.

I had to lay off 22 people today to make sure that my business is gonna thrive and I’m gonna be around for years to come. I have to build up that nest egg now for the taxes and regulations that are coming my way. Elections do have consequences, but so do choices. A choice you make every day has consequences and you know what, I’ve always put my employees first, but unfortunately today I have to put me and my family first, and you watch what’s gonna happen. I’m just one guy with 114 employees — well was 114 employees — watch what happens in the next six months. The Dow alone lost 314 points today. There’s a tsunami coming and if you didn’t think this election had consequences, just wait.”

Just plain sad for America. Keep these families, and the business owner, in your thoughts and prayers.

The Nevada unemployment rate? 11.8 percent in September.

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