Saturday, November 10, 2012

Stunning! Mass lay-offs nationwide since Obama's reelection

From Eric Dondero:

Glenn Beck's TheBlaze, has done a remarkable job of gathering a list of all employers who have decided to lay-off workers, or are simply closing up shop since Tuesday's electon.

Every single one of the lay-offs were announced on Wednesday or Thursday, post-electon. We all know about Boeing which announced they would cut middle-management positions by 30% But here's a few others you may not have heard about yet. First the lay-offs:
• Hawker Beechcraft - The company says 240 employees will lose their jobs with the closing of Hawker Beechcraft Services facilities in Little Rock, Ark.; Mesa, Ariz.; and San Antonio, Texas.

• Energizer - The St. Louis-based company said Thursday that it expects to shed about 1,500 employees. When finished, the restructuring should lead to $200 million in pretax yearly savings, Energizer said. It aims to have most of its restructuring steps finished by the end of September 2014.

• Exide Technologies - Exide Technologies announced Thursday that it will be idling its lead-recycling operations in Laureldale and laying off 150 workers, effective no later than March 31.

• Westinghouse - Westinghouse Anniston, the contractor responsible for shutting down Anniston’s chemical weapons incinerator, has reduced its workforce by another 50 employees.
Then TheBlaze reports this:
Here are some of the business closings that were announced in just the past two days:

•Caterpillar Inc. will close its plant in Owatonna Minn.

•Mount Pleasant’s Albrecht Sentry Foods

•The Target store at Manassas Mall Va.

•Millennium Academy in Wake Forest NC

•Target Closing Kissimmee FL Location

•The Andover Gift Shop in Andover MA

•Grand Union Family Markets Closing Storrs Location CT

•Movie Scene Milford Location NH

•Update: TE Connectivity Closing Greensboro Plant – 620 Layoffs Expected

•Gomer’s Fried Chicken in South Kansas City

•Kmart in Homer Glen

•Fresh Market on Pine Street in Burlington

•AGC Glass North America to permanently close its Blue Ridge Plant in Kingsport Tenn.

•The Target store at Platte and Academy in Colorado Springs

•The Roses store on Reynold Road in Winston-Salem NC

•Bost Harley-Davidson at 46th Avenue North and Delaware Ave. in West Nashville TN

•Townsend Booksellers in Oakland

•The Kmart store in Parkway Plaza off University Drive in Durham NC – 79 Jobs

Go to TheBlaze to see a complete list. They will be making a daily update to the listing of all employers laying off or closing up shop.

Elections have consequences.


Chuck said...
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Libertarian Advocate said...

Brings to mind the inherent truth of the saying: Be careful what you ask for, you may just get it!

And so Obama's voters did.

Jesus Christ said...

Ah yes. That level-headed even-handed totally non biased news source the blaze.

Bill Dalasio said...

Oh, Jesus, you're just so ever so sophisticated. I'm sure the folks who just lost their future, hopes and dreams at those companies will have their burdens just a little bit lightened by your sarcasm as to data sourcing.

mirror on the wall said...

I enjoy, well not enjoy, but, I find it interesting that everytime someone reports factual news to the left, they can't quite grasp the fact (no pun intended) the rest of us have known for years and years, that this is what happens when you have fiscally inept people running the show.

Matt from Denver said...

All this is, is evidence that trickle down economics doesn't work.

Eric Dondero said...

Yeah, because your Tricle-down Naziism works so much better than the free market, 'eh?

mitsukurina said...

Perhaps these layoffs are linked to the election; perhaps not. Firms close plants and shops on an (regrettably) regular basis. Your argument will be supported not by evidence of firms' closing; but of a significant increase in the number of closings after the election.

mitsukurina said...
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rdm said...

And, on a related note: we have a massive regulatory system describing "medicine" and regulating payment mechanisms for "medicine" all based on the idea that we are too dumb to make our own health care choices but giving us "product choices" based on those medical procedures we are not legally competent to understand.

Oh, and these regulations define a professional scientific basis for regulation which encourages jokes like this:

It's not surprising that other countries have longer average citizen lifespan than us.

If someone doesn't get to finding acceptable changes to the current system which make economic sense and health sense align, we'll probably wind up with a single payer system (government owned medicine) just to hide the embarrassment of our system failures (and maybe eventually catching up with the life expectancy of Canadians?) (Though that could perhaps also be achieved by a law forbidding the use of the word "health" when advertising medical services or insurance.)

Bill Dalasio said...


How about these layoffs?

They are of two sorts, medical device makers who now face lower demand on the tax Obamacare imposes on their products and employers whose work doesn't really justify insurance as an expense. You know, the sort of jobs that people just starting out wind up filling as they work their way into the system.

Dr Kete said...

Not only are the new taxes harming medical device makers, but the old HSA's will have a new low limit and will only be able to be used for drugs where before there were many other uses allowed- eyeglasses, hearing aids, certain therapies. The ACA was formulated by unions, aarp, drug companies. All expecting payback and exemptions. No one there with a level head.