Tuesday, March 23, 2010

how obamacare will threaten/kill jobs

"The bill passed by the House Sunday night contains a particularly damaging version of the $20 billion hit for the medical device industry, meaning Zoll and other medical device makers could well be headed for hard times.


"We believe that the tax will cost us somewhere between $5 million and $10 million a year," says Richard Packer, Zoll's chairman and chief executive officer. "Our profit in 2009 was $9.5 million."


http://www.washingtonexaminer.com/politics/How-Obamacare-hits-industry-and-threatens-jobs-88860652.html





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