Companies plan massive layoffs as Obamacare becomes reality. Is 10% unemployment the new norm?

[mommanuke]

These companies can cut back on their staff if they want, but they will make less money. They can only sell stuff if they make it, which means to make it they will need workers. Then there's the fact that the majority of their stuff is already made in Singapore.

Companies are fond of using excuses like this to lighten their employee load. It's much easier to blame it on some boogeyman tax than to admit they just want a higher profit margin.

I notice you're still buying the propaganda misdirection of the Jeep sending manufacturing to China distortions. In spite of the fact that the companies themselves contradicted it and told Romney to stop saying it. They are not MOVING production to China. They are CREATING manufacturing in China, so they can sell Jeeps in China. Now, if you don't care if they make a profit you can force them to make them here, transport them to China, and rent a warehouse to hold them all as they gather dust. China charges a 300% duty on all goods manufactured outside of China. So, do you want them to sell lots of Jeeps or do you want to pretend the world agrees with your ignorance? I thought you were pro-business.