And the devastating hits just keep coming.
Elections, they have consequences.
As Twitchy has reported, large companies are contemplating hiring freezes and cuts in workers’ hours. Small business owners, and employees, have reported massive reductions in hours necessitated by the business-crushing cost of mandatory insurance coverage for people working over 30 hours per week. Part-time is the new normal.
Small business owners on Twitter have talked about the heartbreak of having to lay off employees. Now, many are reporting that they will not be hiring new employees for the foreseeable future. The layoff bomb has resulted in a hiring freeze avalanche.
@anna4real Anna, I can tell you several of my friends (small business owners) have put a freeze of hiring due to the election.
— Maverick69 (@MaverickBull69) November 9, 2012
I am a small business owner- and no I am not hiring. Raise my taxes, I'll be firing. Don't like it? Start your own damn business.
— Kerry Flanagan (@Kerry_Flanagan) November 9, 2012
@slone I won't be hiring anyone for a long time. It's staying mom and pop for the foreseeable future.
— Salty Black Broad (@SaltyBlackBroad) November 10, 2012
What it means 2 me as a small business owner who hears my taxes r going up, I won't b hiring anyone, or buy new equipment.
— StikNtheMud (@StikNtheMud) November 9, 2012
@point87C Oh..I'm not consoled…just getting my plans in order for the next 4 years….sorry to say I won't be hiring in the near future
— CM (@CalabrianGreek) November 9, 2012
@AmericanBand911 we laid off 10 three
Years Ago and now won't be hiring them back it's ok Less payroll taxes to pay
— janene (@justsickoflies) November 9, 2012
Layoffs keep piling up! My husband's co won't be hiring anyone new & r battening down the hatches.
— Tammy (@NellyBelle25) November 9, 2012
@ericbolling Eric.. How many companies do you think will do layoffs before the end of the year. I won't be hiring anyone like I was hoping.
— We fix ugly plumbing (@Victoryplumbing) November 9, 2012
My business is "only" 18 employees else I'd be cutting hours. Certainly have no intention of growing. Hunkering down & thinking of selling
— Tad Denton (@tdenton1138) November 9, 2012
— Morgan's Musing© (@morgansparhawk) November 8, 2012
— Betsy Brantner Smith (@sgtbetsysmith) November 7, 2012
Sad, indeed. And this is just the tip of the iceberg.
This is #Forward? We can thank Obama for the destructive policies that are crushing businesses and devastating lives.