Obama’s economy: Multiple companies announce layoffs following reelection

Nov 10, 2012

Obama’s economy: Multiple companies announce layoffs following reelection

by Matt Lacy –

Showing an incredible vote of “no confidence” in President Obama’s economy, several companies immediately announced a wave of layoffs with many more to follow.

During the election, Obama insisted the economy under his watch was improving and that the “private sector was doing fine.” The first lady echoed similar sentiments saying in an interview with WPGC-95 that America was “in the midst of a huge recovery.”

However, it appears that many business owners have not gotten the message. Following the President’s victory over Mitt Romney the stock market has fallen 3 percent.

Murray Energy, announced it was laying off 156 employees including 102 at the West Ridge Mine in Utah. In announcing the layoffs the company blamed Obama citing his “war on coal” as being the reason workers have lost their jobs.

Prior to the announcement, chairman and chief executive Robert Murray led the people in a prayer saying the American people had chosen to abandon the principles of the Founding Fathers and is now facing the consequences for its choice. The Washington Post provided the text of the prayer which said:

“Dear Lord:

The American people have made their choice. They have decided that America must change its course, away from the principals of our Founders. And, away from the idea of individual freedom and individual responsibility. Away from capitalism, economic responsibility, and personal acceptance.

We are a Country in favor of redistribution, national weakness and reduced standard of living and lower and lower levels of personal freedom.

My regret, Lord, is that our young people, including those in my own family, never will know what America was like or might have been. They will pay the price in their reduced standard of living and, most especially, reduced freedom.

The takers outvoted the producers. In response to this, I have turned to my Bible and in II Peter, Chapter 1, verses 4-9 it says, ‘To faith we are to add goodness; to goodness, knowledge; to knowledge, self control; to self control, perseverance; to perseverance, godliness; to godliness, kindness; to brotherly kindness, love.’

Lord, please forgive me and anyone with me in Murray Energy Corp. for the decisions that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build. We ask for your guidance in this drastic time with the drastic decisions that will be made to have any hope of our survival as an American business enterprise.

Amen.”

The layoffs at Murray Energy are not an isolated incident. A Las Vegas business owner with 144 employees fired 22 of them the day after the election. The employer cited Obama’s policy as the reason for the layoffs.

FreedomWorks has provided a list of multiple companies that have either slashed their workforce or will do so in the near future resulting in the loss of thousands of jobs because of regulations and policies of the Obama administration.

Among those companies facing layoffs from Obamacare are: