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Wilkow!': The Coming Layoff Bomb

Business

Forty-seven days from the fiscal cliff and we're already beginning to see signs of the coming 'layoff bomb,' thanks to the re-election of Barack Obama and a lack of clear ideas on Capitol Hill to handle what's coming. The medical device manufacturer Stryker for instance, whose current heir and namesake donated millions to Obama and Democrats this cycle, is set to lay off over 1,000 people to counter the Obamacare medical device tax. Stryker is one fourteen large companies FreedomWorks has identified that are already set to enforce layoffs due to new taxes that will take effect under Obama in term two:

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