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Obama Announces Jobs Plan – CEOs Announce Lay-Offs

Employers have begun to pass judgment on President Obama’s “new” jobs plan – which is not really new – but the same salmagundi of class warfare, massive borrowing, Keynesian economics, and government dependency that has been Obama’s “plan” in his first term.

And their judgment ain’t pretty for Obama.

Dow layoffsDow Chemical Co., the largest chemical maker in the United States, said on Tuesday it plans to cut 5 percent of its workforce and shutter 20 plants.

DuPont slashed its earnings forecast and announced 1,500 jobs cuts.

Chip maker Advanced Micro Devices announced it was cutting its 12,000-strong workforce by 15%.

Other major employers, such as Caterpillar, have made similar announcements.

These announcements follow on the heels of other CEOs coming right out and saying that if Obama is re-elected, their employees could lose there jobs.

Flamboyant CEO David Siegel (the owner of Westgate Resorts) may have been the first, when he sent his employees an email saying, "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," he wrote. "Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone."

Koch Industries president Dave Robertson sent an implicit warning to the employees of the company’s Georgia-Pacific business saying, "many of our more than 50,000 U.S. employees and contractors may suffer the consequences" of voting for President Obama and other Democrats in the 2012 elections.

Arthur Allen, chief executive of ASG Software Solutions of Naples, Florida, wrote in a similar vein, saying “I can tell you, if the US re-elects President Obama, our chances of staying independent are slim to none…  I believe that a new President and administration would give US citizens and the world the renewed confidence and optimism we all need to get the global economies started again, and give ASG a chance to stay independent. If we fail as a nation to make the right choice on November 6th, and we lose our independence as a company, I don't want to hear any complaints regarding the fallout that will most likely come.”

Of course the liberal establishment media missed the points these successful entrepreneurs were making to their employees. They either ignored the substance of their statements, focusing instead on the angle of mean plutocrats telling their poor oppressed workers what to do or, in typical liberal fashion, discussed whether or not the CEOs could be prosecuted for some perceived violation of election laws.

For our part, we think Art Allen pretty well summed-up the business community reaction to Obama’s job creation efforts in comments that, if they ever got made into a commercial, would probably win the election for Mitt Romney.

Allen said, “Would you hire a person with no experience to do brain surgery? Of course not, but that’s what the US voters did in 2009. Why does the world keep hiring politicians to run our global economies when they have no experience? It just makes no sense, and yet the world keeps doing it over and over again. Let’s take the lead on November 6th and show the world how it should and can be done.”