A friend passes along a "memo" sent out recently to employees of an unnamed business enterprise:
As the CFO of this business that employees 140 people, I have resigned myself to the fact that Barack Obama will be our next President, and that our taxes and government fees will increase in a BIG way.
To compensate for these increases, I figure that the clients will have to bear an increase in our fees to them of about 8%, but since we cannot increase our fees right now due to the dismal state of our economy, we will have to lay off six of our employees instead. This has really been eating at me for a while, as we believe we are family here, and I didn't know how to choose whom to let go.
So, this is what I did. I strolled thru our parking lot and found six Obama bumper stickers on our employees' cars and have decided these folks will be the first to be laid off. I can't think of a more fair way to approach this problem. These folks wanted change; I gave it to them. If you have a better idea, let me know.
This is a joke, of course, but it touches upon an uncomfortable truth. If and when President Obama raises income taxes, capital gains taxes, insurance contributions, and the minimum wage, and allows the Bush tax cuts to expire, businesses will have to start shedding costs, i.e. workers. I wonder how long it'll be then before Obama supporters start removing their bumper stickers from their vehicles as a precaution against incurring the wrath of their laid-off co-workers.RLC