Obamacare Medical Device Company Layoffs Begin!!

Anonymous
Anonymous wrote:More layoffs, how many more jobs does obama want to get rid of?

Http://medcitynews.com/2012/08/analysts-st-jude-medical-layoffs-likely-a-move-to-offset-pressure-of-medical-device-tax/

Http://www.knoxviews.com/node/18666


This article states the issue perfectly. They cannot pass the cost to providers so companies have to cut costs by laying off workers and moving plants overseas. Obama doesn't understand how jobs are created in the private sector.

Http://www.syracuse.com/news/index.ssf/2012/09/other_us_medical_device_makers.html
Anonymous
That is hilarious. My husband uses a "medical device" and the cost has gone up more than that each year. Of COURSE they pass the cost on.

This is such utter bullshit and you just fall for it hook, line...
Freeman
Member Offline
Anonymous wrote:
This article states the issue perfectly. They cannot pass the cost to providers so companies have to cut costs by laying off workers and moving plants overseas. Obama doesn't understand how jobs are created in the private sector.

Http://www.syracuse.com/news/index.ssf/2012/09/other_us_medical_device_makers.html


Although it is stated in the article, there's no explanation as to why the cost can't be passed on to consumers, as is normal for every single other sales tax in the country. You can't argue that it is about keeping prices competitive, since all suppliers would have to pay the same tax. All of your articles state that companies are restructuring in order to reduce costs to offset the cost of the tax. Are you making the assertion that if the tax had not been enacted, companies would not have shifted production to other countries to reduce costs? Would they have restructured their organization in order to reduce costs by $50mn+, thereby increasing their shareholder profits, if the tax wasn't looming?

It sounds to me like you are the one that doesn't understand how the private sector works. If these changes would increase company profits, then they would have been implemented whether the tax existed or not. The actual price of the tax will be passed on the consumers(By the end of January, you'll be able to find plenty of articles blaming device price increases on the tax, despite all of these statements from the companies about how they can't pass the cost on to the consumers), which means the companies will end up more profitable than before. Do you truly believe that companies would not try to reduce costs and increase profits if this tax wasn't being implemented?
Anonymous
Freeman wrote:
Anonymous wrote:
This article states the issue perfectly. They cannot pass the cost to providers so companies have to cut costs by laying off workers and moving plants overseas. Obama doesn't understand how jobs are created in the private sector.

Http://www.syracuse.com/news/index.ssf/2012/09/other_us_medical_device_makers.html


Although it is stated in the article, there's no explanation as to why the cost can't be passed on to consumers, as is normal for every single other sales tax in the country. You can't argue that it is about keeping prices competitive, since all suppliers would have to pay the same tax. All of your articles state that companies are restructuring in order to reduce costs to offset the cost of the tax. Are you making the assertion that if the tax had not been enacted, companies would not have shifted production to other countries to reduce costs? Would they have restructured their organization in order to reduce costs by $50mn+, thereby increasing their shareholder profits, if the tax wasn't looming?

It sounds to me like you are the one that doesn't understand how the private sector works. If these changes would increase company profits, then they would have been implemented whether the tax existed or not. The actual price of the tax will be passed on the consumers(By the end of January, you'll be able to find plenty of articles blaming device price increases on the tax, despite all of these statements from the companies about how they can't pass the cost on to the consumers), which means the companies will end up more profitable than before. Do you truly believe that companies would not try to reduce costs and increase profits if this tax wasn't being implemented?


With all the crazy changes coming the health care field is a mess, maybe in 10 years things will shake out and go back to normal . No one outside the medical and healthcare field s understand how horrible and destructive obamcare is.
Anonymous
I am in pharma. We have had layoffs because of the coat of reform BUT I still support it.if anything it didn't go far enough. And I do understand the ACA and the regs released so far bill very very well.
Anonymous
Anonymous wrote:
Freeman wrote:
Anonymous wrote:
This article states the issue perfectly. They cannot pass the cost to providers so companies have to cut costs by laying off workers and moving plants overseas. Obama doesn't understand how jobs are created in the private sector.

Http://www.syracuse.com/news/index.ssf/2012/09/other_us_medical_device_makers.html


Although it is stated in the article, there's no explanation as to why the cost can't be passed on to consumers, as is normal for every single other sales tax in the country. You can't argue that it is about keeping prices competitive, since all suppliers would have to pay the same tax. All of your articles state that companies are restructuring in order to reduce costs to offset the cost of the tax. Are you making the assertion that if the tax had not been enacted, companies would not have shifted production to other countries to reduce costs? Would they have restructured their organization in order to reduce costs by $50mn+, thereby increasing their shareholder profits, if the tax wasn't looming?

It sounds to me like you are the one that doesn't understand how the private sector works. If these changes would increase company profits, then they would have been implemented whether the tax existed or not. The actual price of the tax will be passed on the consumers(By the end of January, you'll be able to find plenty of articles blaming device price increases on the tax, despite all of these statements from the companies about how they can't pass the cost on to the consumers), which means the companies will end up more profitable than before. Do you truly believe that companies would not try to reduce costs and increase profits if this tax wasn't being implemented?


With all the crazy changes coming the health care field is a mess, maybe in 10 years things will shake out and go back to normal . No one outside the medical and healthcare field s understand how horrible and destructive obamcare is.



We expect the people who profit from expensive health care to squeal at any reform, no matter what. It is simply insufficient to tell us we don't understand.
Anonymous
Anonymous wrote:Look - the price of a "free" market system will be the loss of production jobs in the United States. Which is why I am for programs that encourage the purchase of US goods. I will always be confused of blue collar people who vote Republican. They are voting their production jobs out of the country. Congress passes the Buy American Act (which was supposed to ensure that federal contractor dollars stayed in the US), but then added so many exemptions that it became pointless.


You are confused why blue collar workers vote Republican? Maybe they see things differently than you do. Maybe they, their parents, grandparents and great grandparents have had different experiences. The vicious cycle of high property taxes, high local taxes, high federal taxes, high state taxes requires workers in NYS, for example, make a livable wage. The unions helped keep the workers safe and workers able to provide a decent lifestyle for their families. Family small businesses failed and left heart-break after being built by immigrants fresh off the boat. I know. People and corporations started to leave after NAFTA was signed. The cost of living and doing business was just too high. Terry MCCollough; former resident of CNY, proud Clinton fundraiser and Senator Clinton of New York supporter, has even left and now is a resident of Virginia his new Chinese purchased electric car company. Smith-Corona and now Welch-Allyn left while George Soros gets $470k in economic development benefits for purchasing the Dinosaur BBQ in Syracuse and near Albany.

Welch-Allyn is business - not a charity. They are leaving and this is a NAFTA issue, Cuomo issue, Obama issue, union issue. Maybe they could have used some of that Solyndra money or the George Soros money? Oh well....
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