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Old 06-16-2012, 12:09 AM   #10
Vegeinvalge

Join Date
Oct 2005
Posts
413
Senior Member
Default
Things are looking up.

May the whole MIC get sick and die from a computer virus.
Don't be too quick about that judgement. Seems MIC can act like strong men from a union too.
vid @ link titled Defense contractors plan to send hundreds of thousands of notices.

Layoff threats put Congress on notice


Facing economic uncertainty, defense contractors are plotting to spur Congress to nix the automatic budget cuts set to begin next year.

The plan? Threaten to send out layoff notices — hundreds of thousands of them, right before Election Day.

Congress, industry leaders contend, has left them few options. Federal law, they say, requires employers to give notice of 60 days to workers facing layoffs.

For President Barack Obama and congressional incumbents, the timing couldn’t be worse. With the automatic cuts, called sequestration, set to begin taking effect on Jan. 2, the layoff notices would have to be sent out by Nov. 2 — four days before this fall’s elections.

“I’ve been told by some of our major employers that layoff notices are going to come before the election,” said Sen. Kelly Ayotte (R-N.H.), a member of the Armed Services Committee and a vocal critic of the automatic cuts. “It’s dangerous and irresponsible for Congress to play with this.”

Under sequestration, New Hampshire could lose more than 3,000 full-time jobs during the next fiscal year, according to a study by George Mason University’s Center for Regional Analysis. Across the country, more than 1 million jobs would be at stake.

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