Massive Post-Election Firings And Layoffs hit Corporate world because of Obamacare fears!

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By Michael Snyder The Economic Collapse Blog November 10, 2012
The victory by Barack Obama on election night has resulted in a huge wave of firings and layoffs all over America.
A large number of businesses seem to have suddenly shifted into panic mode.  The number of layoff announcements that we have seen in the last 48 hours has been absolutely shocking.

So why is this happening?  Well, the truth is that the federal government is absolutely suffocating small businesses all over America with rules, regulations and taxes.
If you have never tried to run a small business, then you have no idea how oppressive this system actually is for people that are trying to run small businesses successfully.
It has steadily gotten worse over the years no matter who has been in the White House and no matter who has controlled Congress.  So we shouldn’t put 100% of the blame on Obama.
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