Actually, Some Businesses Are Laying People Off Because of Obama's Reelection

Yesterday, we told you that David Siegel, the humongously wealthy CEO who threatened to lay his workers off if Obama was reelected, did not, in fact, lay them off—he gave everyone raises. Unfortunately, not every boss is as kindly as the King of Versailles. Our call for news of Obama reelection-related layoffs brought in the following, from across the nation:

  • Murray Energy Corp. CEO Robert Murray read a prayer, and then "laid off 54 people at American Coal, one of his subsidiary companies, and 102 at Utah American Energy, blaming a 'war on coal' by the administration of President Barack Obama.'"
  • A business owner in Williamson, Georgia told C-Span that he laid off three employees ("who voted for Obama") and cut his remaining employees' hours from 30 to 25 per week due to his fear of Obamacare.
  • The owners of the West Cinema and the Pink Sugar boutique in Cedartown, Georgia say they are closing those businesses because they anticipate "higher taxes and more regulations during Obama's second term of office."
  • The CEO of Papa John's Pizza said that due to Obamacare, it's "likely that some franchise owners would reduce employees' hours in order to avoid having to cover them."
  • Atlantic writer James Fallows has been engaged in a back-and-forth on his blog with a reader and business owner who says that he will lay off workers due to Obama's reelection.
  • There has, of course, been much whining and many threats of layoffs by business owners on Twitter. For example.
Tip of the iceberg, I'm sure. Economic realists, OR delusional fools? We report, you decide.

[Photo: AP]