Reply to Obamacare Medical Device Company Layoffs Begin!!

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[quote=Anonymous][quote=Freeman][quote=Anonymous]
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[/quote]

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?[/quote]

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. [/quote]

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