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ICYMI: Highlights From Conference Call On Why President Obama Is Hostile To Job Creators

- May 31, 2012

State Treasurer of Ohio and Republican Candidate for U.S. Senate Josh Mandel:

"As I travel the state of Ohio I hear from a number of small business owners, Democrats and Republicans, who feel that Barack Obama is just hostile to job creators throughout our state. I had the opportunity a couple of weeks ago to do a twenty-two county jobs tour where we met with a bunch of small business owners and a lot of blue collar workers.

"We were in the Youngstown area at Conway Freight...He (Conway Frieght truck driver) was talking about this year and last year that because of EPA regulations and other regulations coming out of Washington that his opportunity to earn that much is less likely and his opportunity for upward mobility is less likely as well and this wasn't a CEO or General Council...This was a truck driver, telling me that story and I hear that over and over again out of the state of Ohio that there's an attitude coming out of the Obama White House and the executive agencies that they manage. That businesses are guilty until proven innocent and just hostile to the job creators throughout our state.

"I also hear a lot that the spending is out of control, borrowing is out of control and there's really an unprecedented intrusion into the private economy that's hurting our prospects for growth and recovery. Whether it's folks I meet with in manufacturing, agriculture...no matter who I talk to I hear the same theme over and over again.

"I believe as I mentioned earlier that this medical device industry is an industry that can help lead the economic recovery when it comes to manufacturing in our state, not only Invacare but Cardinal Health in Columbus and a lot of smaller entrepreneurs who are trying to become medium and larger size companies and the specific medical device tax...is a job killer for these companies."

Vice President at Invacare Cara Bachenheimer:

"As you mentioned, I am with Invacare corporation and we are based out of Elyria, Ohio. As a manufacturer, we produce home medical equipment, which includes a broad variety of products. But, home oxygen therapy devices, mobility products such as manual and power wheelchairs, and other items that enable seniors and people with disabilities to live in their homes rather than in a health care institution. And also, Josh as you mentioned, this Obama health care law-under that new law, all medical device manufacturers will be required to pay a 2.3% excise tax on sales.

"And that starts next January 2013. And as you know, that's significant as it is a tax on sales, not on profits. At this point, we the company we're not 100% sure of the laws impact on our company...

"We also applaud the House Committee, which is expected to approve the repeal of this excise tax later today. We expect the House to bring that bill to the floor for a vote next week. And we would certainly also urge the Senate and the president consider the ill impact of the excise tax on medical device manufacturers across the board, and hope that that bill would move forward and get passed into law."

President of the Ohio Coal Association Michael Carey:

"Last week Sherrod Brown went on the radio and he couldn't figure out why the president was against coal. This is the guy that has worked side by side with this president since he took office. And let me tell you, there is a war on coal. It's the extreme buffer zone rule. It's the NSPS, the greenhouse gas. It's the mine dust rule. The EPA's utility MACT. Which actually Sherrod Brown could actually stand up and support the Inhofe resolution which would put that behind us and allow Ohio to continue to use coal for its low cost electricity.

"The other thing you're seeing now from this administration is you're seeing them attack our coal exports. So not only does Senator Brown and our president not want us to mine the coal or use the coal in our power facilities here in this country. Now, they don't even want us to export to the Asian rim or to Europe. So this is very troubling to the men and women in the coal fields of Ohio but not just in Ohio but also in Pennsylvania and West Virginia. And I think if you want to look at real numbers, I just think you just need to the stock prices of the publicly traded coal companies. Obviously many companies were hit with the economic downturn, but if you look at coal stocks you're seeing that they are hit disproportionately compared to the rest of the economy. The reason is because utilities do not know what they're going to do.

"AEP, an Ohio based company just announced today that they are not going to scrub the big sanding plant which is in West Virginia. That is troubling because that means that they will retool or refit with natural gas. And that's good now when gas prices are low but when you look at the cost of coal in the long run that is the most economical fuel source. We are very concerned out here and Senator Brown is not doing anything and quite frankly neither is the president."

Click Here To Listen To The Full Audio: http://www.gop.com/audio/5.31.2012_OH.mp3

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