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Monday, January 31, 2011

More Jobs Lost Because of ObamaCare


We all know that ObamaCare is going to kill hundreds of thousands of jobs. What we didn't know was that this trend would hit President Obama's hometown of Chicago so quickly. Major Chicago pharmaceutical company Abbott Laboratories will be forced to cut 1,900 jobs-more than 2% of their entire workforce. This follows the 9,000 jobs they were forced to cut last September. The spokesman for the company explained that ObamaCare was the main cause. Already, the Democrats' health care law has cost them over $200 million in the past year alone. He went on to say that the layoffs were "in response to changes in the health- care industry, including U.S. health-care reform and the challenging regulatory environment." Looks like if ObamaCare isn't repealed, and fast, even the President himself won't be able to stop it from harming his own backyard

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