Medical giant Stryker cuts 1,170 jobs, citing ObamaCare
Many jobs were lost in anticipation, now more are being cut facing the reality.
Will the tax on medical devices make up for the lost taxes on wages and GDP? Unlikely.
Libs look at everything as static, they miss the concept of wealth creation and in this case destruction. Straight formulas never work which is why lower rates actually produce more revenue in many cases.