Conservatives warned in September that the US airline industry, specfically Boeing, was about to make massive job cuts. [The same has happened in NZ, with its Hong Kong link being scrapped]. An obscure American act requires employers to give workers a certain notice period of layoffs (if more than 50) so they can prepare. This would have brought the announcenment, by law, just a day or two before the election. With such a close race, like Sandy, this jobs storm could have tsunami’ed Obama. More seriously, there were allegations the W.House directly suppressed this information and asked (directed?) the employer to delay the announcement past the date required by law, until after the election.
Sure enough, just a day later, MASSIVE JOB LAYOFFS announced. Wonderful (manipulated) timing.
Michelle Malkin of Creators Syndicate is running the story…By Michelle Malkin • November 8, 2012 09:27 AM
This is just the beginning….In case you missed it, Boeing announced massive layoffs and facilities closures yesterday. More: Small business owners are dropping the axe as they brace for the costs and burdens of Obamacare.
In case you missed it, I reported on Obama’s layoff bomb last week.
Refresher:Obama’s Layoff Bomb
October 31, 2012
by Michelle Malkin
In June, a diffident and self-deluded President Obama claimed that “the private sector is doing fine.” Last week, the private sector responded: Speak for yourself, buster. Who needs an “October Surprise” when the business headlines are broadcasting the imminent layoff bomb in neon lights?
The Bureau of Labor Statistics reported last Tuesday that employers issued 1,316 “mass layoff actions” (affecting 50 workers or more) in September; more than 122,000 workers were affected overall. USA Today financial reporter Matt Krantz wrote that “(m)uch of the recent layoff activity is connected to what’s been theslowest period of earnings growth since the third quarter of 2009.” Some necessary restructuring is underway in response to the stagnant European economy. But more and more U.S. businesses are putting the blame — bravely and squarely — right where it belongs: on the obstructionist policies and regulatory schemes of the blame-shifter-in-chief.
Her full opinion piece is here: http://michellemalkin.com/