Obamacare Creating Jobs - In China

Among the more destructive elements of Obamacare was its tax on medical devices. As predicted by everyone who was not a Democrat, this is destroying jobs.

Massachusetts medical-device companies say they’ll cut back on operational costs – and jobs – after a planned 2.3 percent tax on their products is implemented in 2013, according to a new survey.

The Massachusetts Medical Device Industry Council, which held its annual meeting yesterday in Boston, said about 90 percent of the 100 medical-device firms said they would reduce costs due to the new tax tucked into the recently passed health-care reform bill.