Dems Urge Law-Breaking on Layoffs to Help Them Keep Their Jobs

October 1, 2012

Dems Urge Law-Breaking on Layoffs to Help Them Keep Their Jobs

Dems Urge Contractors To Ignore Legal Requirement to Disclose Pending Layoffs, Says Taxpayers Will Pick Up Any Legal Expenses

Democrats are openly encouraging defense contractors to break the law and not send out legally required layoff warnings to workers, and they want taxpayers to foot the bill for any legal expenses that result from this law-breaking.
Middle class workers could receive these layoff warnings just before Election Day, but Democrats want to keep these workers in the dark to help Democrats keep their jobs while middle class workers face the fear of losing theirs.
Democrats are threatening to let these layoffs happen because they want to have a political “weapon” to use to force massive tax increases.

Democrats are openly encouraging defense contractors to break the law and not send out legally required layoff warnings to workers, and they want taxpayers to foot the bill for any legal expenses that result from this law-breaking:

“WHITE HOUSE TO CONTRACTORS: HOLD OFF ON LAYOFF WARNINGS”: (Jeanne Sahadi, “White House to Contractors: Hold Off on Layoff Warnings,” CNN, 9/28/2012)

OBAMA ADMINISTRATION “SAID IT WOULD COVER LEGAL COSTS” IF CONTRACTORS HAVE TO FIRE WORKERS AND ARE SUED FOR BREAKING THE LAW: (Jeanne Sahadi, “White House to Contractors: Hold Off on Layoff Warnings,” CNN, 9/28/2012)

IN OTHER WORDS, THE OBAMA ADMINISTRATION WANTS TO LET COMPANIES FIRE WORKERS WITHOUT WARNING AND WILL HAVE TAXPAYERS PICK UP THE LEGAL FEES: (Jeanne Sahadi, “White House to Contractors: Hold Off on Layoff Warnings,” CNN, 9/28/2012)

Middle class workers could receive these layoff warnings just before Election Day, but Democrats want to keep these workers in the dark to help Democrats keep their jobs while middle class workers face the fear of losing theirs:

POLITICAL MOTIVE? COULD HAVE BEEN “RASH OF LAYOFF NOTICES SPOOKING EMPLOYEES RIGHT BEFORE ELECTION DAY”: “Defense contractors in particular have warned for months that the upcoming sequester would cost jobs in their industry. And Lockheed Martin’s CEO has said publicly he may be forced to issue notice this fall of possible layoffs in 2013. If other contractors follow suit, there could be a rash of layoff notices spooking employees right before Election Day.” (Jeanne Sahadi, “White House to Contractors: Hold Off on Layoff Warnings,” CNN, 9/28/2012)

NATIONAL ASSOCATION OF MANUFACTURERS: 3.44 MILLION JOBS COULD DESTROYED BY SEQUESTER FROM 2012 – 2022: (“Defense Spending Cuts: The Impact on Economic Activity and Jobs,” National Association of Manufacturers, Accessed 7/18/2012)

Democrats are threatening to let these layoffs happen because they want to have a political “weapon” to use to force massive tax increases:

NO. 2 SENATE DEMOCRAT: TAX HIKES AND CUTS TO DEFENSE ARE A LOADED “WEAPON”: “Democrats believe Republicans might be willing to compromise once the spending cuts and tax increases are felt.

“‘That may be the only way to bring some Republicans into a position of talking,’ Sen. Richard J. Durbin of Illinois, the assistant Democratic leader, said late last week. ‘We’re not going to unload our weapons at this point.’” (Lisa Mascaro, “Congressional Democrats Dig In on Fiscal Cliff Scenario,” Los Angeles Times, 7/16/2012)

“DEMOCRATS THREATEN TO GO OVER ‘FISCAL CLIFF’ IF GOP FAILS TO RAISE TAXES”: (Lori Montgomery, “Democrats Threaten to Go Over ‘Fiscal Cliff’ if GOP Fails to Raise Taxes,” The Washington Post, 7/16/2012)

“SENIOR DEMOCRATS” ARE READY TO “PLUNGE THE NATION BACK INTO RECESSION” IF THEY DON’T GET THE TAX HIKES THEY WANT: (Lori Montgomery, “Democrats Threaten to Go Over ‘Fiscal Cliff’ if GOP Fails to Raise Taxes,” The Washington Post, 7/16/2012)

DEVASTATING DEFENSE CUTS THAT WILL ELIMINATE MILLIONS OF JOBS:

FEDERAL RESERVE CHAIRMAN BEN BERNANKE: IF DEMS GET THEIR WAY “RECESSION WOULD OCCUR EARLY NEXT YEAR”: “The Congressional Budget Office has estimated that, if the full range of tax increases and spending cuts were allowed to take effect–a scenario widely referred to as the fiscal cliff–a shallow recession would occur early next year…”(Bernanke testimony before the Senate Banking Committee, Federal Reserve Web site, 7/17/2012)

STUDY: UP TO 10 MILLION JOBS COULD BE LOST FROM DEMS’ DISASTROUS PLAN: “The negative fiscal shock exceeds Gross Domestic Product (GDP) growth in any year over the past two decades, and when considering economic multipliers, the contraction could approach ten percent, which would amount to the biggest year-to-year decline since 1932. This upper-bound estimate would result in a loss of 10 million jobs, according to the administration’s methods.” (“New Study Examines Economic Effects of the Fiscal Cliff,” American Action Forum, 7/17/2012)

JOB-DESTROYING TAX HIKES ON SMALL BUSINESSES THAT WILL HURT WORKING FAMILIES:

TAX HIKE WOULD BE A $201 BILLION HIT TO THE ECONOMY: (Robert Carroll and Gerald Prante, “Long-Run Macroeconomic Impact of Increasing Tax Rates on High-Income Taxpayers in 2013,” Ernst & Young, July 2012, Appendix C)

710,000 JOBS COULD BE DESTROYED BY DEMOCRATS’ TAX HIKE PLAN: (Robert Carroll and Gerald Prante, “Long-Run Macroeconomic Impact of Increasing Tax Rates on High-Income Taxpayers in 2013,” Ernst & Young, July 2012, Appendix C)

1.8% DROP IN WAGES: “Real after-tax wages would fall by 1.8%, reflecting a decline in workers’ living standards relative to what would have occurred otherwise.” (Robert Carroll and Gerald Prante, “Long-Run Macroeconomic Impact of Increasing Tax Rates on High-Income Taxpayers in 2013,” Ernst & Young, July 2012)

JOINT COMMITTEE ON TAXATION: 940,000 SMALL BUSINESSES TO GET HIT BY DEMOCRATS’ LATEST TAX HIKE: “Congress’s Joint Tax Committee—not a conservative outfit—estimates that in 2013 about 940,000 taxpayers will have enough business income to meet Mr. Obama’s tax increase threshold.” (Editorial, “Off the Tax Cliff He Goes,” The Wall Street Journal, 7/10/2012)

MORE THAN HALF OF NET BUSINESS INCOME WILL BE HIT BY HIGHER TAX RATES UNDER OBAMA PROPOSAL: “And of the roughly $1.3 trillion in net business income, about 53% will get hit with the higher tax rates. This is because millions of businesses report their income as sole proprietors and subchapter S corporations that file under the individual tax code.” (Editorial, “Off the Tax Cliff He Goes,” The Wall Street Journal, 7/10/2012)

OBAMA’S NEW TAX HIKE WOULD HAVE SOME SMALL BUSINESSES PAYING HIGHER TAX RATES THAN GENERAL ELECTRIC AND J.P. MORGAN: “So Mr. Obama wants these businesses to pay higher tax rates than the giant likes of General Electric or J.P. Morgan. Does that qualify as ‘tax fairness’?” (Editorial, “Off the Tax Cliff He Goes,” The Wall Street Journal, 7/10/2012)

TAXMAGEDDON WILL COST AVERAGE FAMILY $4,138 IN 2013: (“Taxmageddon Costs Average Family $4,138 Next year,” The Heritage Foundation, 6/14/2012)

Dems Urge Law-Breaking on Layoffs to Help Them Keep Their Jobs http://ow.ly/e5H0O