Posted by
Laura L. Hollis, JD on Tuesday, March 23, 2010 11:42:38 AM
So, what happens to medical device manufacturers under the taxes imposed by Obamacare? Byron York has one story
here.
If you lose your job at Zoll, because they cannot grow, keep their current employee level and pay the new taxes, will you blame Obama and the Democrats in Congress and clamor for repeal? Or will you say, "Whew! Thank goodness my medical care isn't tied to employment anymore," and call for
more federal legislation - this time, to
mandate employment or to
forbid the company from sending jobs overseas?
Federal legislation has consequences, and you can't legislate them away. This is why Communism failed.
When the jobs go away because of the taxes, the Marxists will call for legislation to mandate employment. When companies close because they cannot maintain employment levels, the Marxists will call for legislation to mandate that they stay open, even if they operate at a loss. (Didn't we already do that? "Too big to fail," right?) When the companies don't even come into existence because of the onerous taxes and regulations, the Marxists will call for legislation that demands that they be created. Or, better still, that people will just work for the government. No matter what consequences the Marxists create, they will always blame someone else (everyone else is selfish and greedy) and call for more laws.
If the Marxists in Congress had their way, they'd tell you that they can legislate away aging, or death.