As Twitchy has been reporting, the layoff bomb has detonated. Many companies, both large and small, have been forced to lay off workers due to President Obama’s re-election. With no hope of Obamacare being repealed, they are now forced to lay off employees in order to stay in business.
But it’s not just layoffs. Some companies are also contemplating cutting hours. Sadly, many companies have already done so.
Part-time is the new full-time in Obamaville.
This doesn’t just hurt the workers, who now have to try to live on a far more meager salary. It hurts the country as a whole.
Death spiral, indeed. The layoff bomb detonated and the collateral damage is vast.
Bingo. And the hits keep coming. These Twitter users give first-hand reports of companies cutting hours. And relay devastating tales of trying to make do when their hours have been cut drastically.
Tragically, this doesn’t seem likely to change any time soon.