My firm laid-off seven longtime employees on Friday. We are a small company with less than 200 employees. Interesting that none of the Ivy League managing directors lost their jobs.
The companies themselves and people like the “Ivy League managing directors” in this case will be demonized and blamed, instead of the blame being place squarely where it belongs- on Obama and the progressive agenda.
It’s just another opportunity to wage class warfare against the folks who do produce jobs. This can’t work in a capitalistic system. When overhead increases, and the cost cannot be passed along to the consumer (ie- Obamacare) jobs and wages must be cut. Or the entire business goes down.