A Las Vegas business owner, with his mostly Hispanic workforce, fired 22 workers recently, apparently as a direct result of President Obama’s re-election.
According to CBS Las Vegas, "David," who wished to remain anonymous, called into a local radio show Wednesday saying that he warned his mostly Hispanic workforce, prior to Tuesday's election, that a second Obama term would hurt his business and could well result in layoffs.
I explained to them a month ago that if Obama gets in office that the regulations for Obamacare are gonna hurt our business, and I’m gonna have to make provisions to make sure I have enough money to cover the payroll taxes, the additional health care I’m gonna have to do, and I explained that to them and I said you do what you feel like in your heart you need to do, but I’m just letting you know as a warning this is things I have to think of as a business owner.
The result? "I had to lay off 22 people today to make sure that my business is gonna thrive and I'm gonna be around for years to come," said David, adding, "I've always put my employees first, but unfortunately today I have to put me and my family first."
“Well unfortunately, and most of my employees are Hispanic — I’m not gonna go into what kind of company I have, but I have mostly Hispanic employees — well unfortunately we know what happened and I can’t wait around anymore," said David.
I have to be proactive. I had to lay off 22 people today to make sure that my business is gonna thrive and I’m gonna be around for years to come. I have to build up that nest egg now for the taxes and regulations that are coming my way. Elections do have consequences, but so do choices. A choice you make every day has consequences and you know what, I’ve always put my employees first, but unfortunately today I have to put me and my family first.
And he's convinced he's not alone: "And you watch what’s gonna happen. I’m just one guy with 114 employees — well was 114 employees — watch what happens in the next six months. The Dow alone lost 314 points today. There’s a tsunami coming and if you didn’t think this election had consequences, just wait."
Blame the Affordable Care Act
Papa Johns founder John Schnatter, a prominent Romney supporter and donor, made waves before the election with his warning that pizza prices will rise due to the Affordable Care Act.
Yesterday, after Obama's reelection virtually ensured the survival of the health care reform law, Schnatter warned an audience at Collier Community College that employees' hours may be cut to prevent them from accessing the company's health insurance plan, according to the Naples Daily News.
"Unfortunately, I don't think people know what they're going to pay for this," said Schnatter, adding that a reduction in employees' weekly hours is "probably what's going to happen. It's common-sense. That's what I call lose-lose."
David Siegel, the billionaire owner of timeshare giant Westgate Resorts, was one of the first to exhort his employees to vote for Mitt Romney — or face the consequences, MSN reported.
"The economy doesn't currently pose a threat to your job," warned Siegel in a cautionary email to his employees before the election, obtained by Gawker.
"What does threaten your job however, is another 4 years of the same Presidential administration. Of course, as your employer, I can't tell you whom to vote for, and I certainly wouldn't interfere with your right to vote for whomever you choose."
But Siegel warned, "If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company."
After the president was re-elected, Siegel is denying he ever threatened to fire his employees. "I didn't do a thing," he told Bloomberg Businessweek. "I just wished employees luck. I didn't do anything to encourage or discourage employees, to find out who their preference was."
In fact, he said: "I gave everybody in the company a raise this week — the average was 5 percent," he told Bloomberg Businessweek. "I wanted to help them handle the additional burdens the government will put on them."