Stryker Corporation
has announced that it will close
its facility in Orchard Park, New
York, eliminating 96 jobs next
month. It will also counter the
medical device tax in Obamacare by
eliminating 5% of their global workforce,
an estimated 1,170 positions.
Jon Stryker is heir to the Stryker
Corporation, one of the largest medical
device and equipment manufacturers in
the world. Stryker’s grandfather was the
surgeon who invented the mobile
hospital bed. The company now sells
$8.3 billion worth of hospital beds,
artificial joints, medical cameras, and
medical software every year.
Stryker, a member of the Forbes 400 list,
was one of the top five donors to the
Obama campaign. Having donated $2
million to the Priorities USA Action super
PAC, Stryker also gave $66,000 in
contributions to Obama and the
Democrat Party.
Prior to the 2012 election, Stryker
contributed millions to help Democrat
candidates in his home state of
Michigan. He also gave nearly $250
million to groups supporting gay rights,
transgenderism, and the conservation of
apes. In January, his Arcus Foundation
donated $23 million to Kalamazoo
College for an endowment to fund a
center for social justice leadership.
Stryker's corporation is part of an
industry that has been a big loser at the
hands of Obamacare. Having refused to
get on board with the White House and
the Senate Finance Committee when the
law was being crafted in 2009, the
medical device industry was punished
with an excise tax of 2.3% of their
revenues, regardless of whether they
make a profit.
Republicans in the House have
attempted to repeal the excise tax with
a bill called the Protect Medical
Innovation Act. The Democrat-led
Senate, however, has refused to
cooperate, saying that withdrawing the
tax would cause Obamacare to come
unraveled.
Last June, while the nation awaited the
Supreme Court’s decision on the
constitutionality of the individual
mandate, Stryker Corp. announced that
it was tying plans to slash 5% of its
global workforce to the tax if the law was
upheld. The company would do this as
part of an effort to realize $100 million in
annual productivity gains to offset the
blow when the excise tax went into
effect in 2013.
It seems Stryker Corp., like many other
businesses in America, was waiting to
see how the election turned out before
making important decisions; it is now
moving ahead with those planned layoffs
in the wake of Barack Obama's
reelection.

www.breitbart.com/Big-Government/2012/11/13/Obama-Donor-s-Corporation-Lays-Off-Employees-Due-to-ObamaCare

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