In less than 24 hours after an Obama victory, the stock market dipped more than 300 points. The Nasdaq declined about 75 points. Ouch!
I heard employers talk about dropping 30 jobs from their roster. They have to keep the number under 50 or be penalized by the coming Obamacare rules. I heard of others cutting workers from full time to part time, also to avoid the Affordable Care Act penalties.
Then I heard directly of 5 people who lost their jobs yesterday.
I have the feeling this is just the beginning.