Stryker Corporation announced it “will cut 5% of its global workforce by the end of next year to reduce costs in the face of new fees on device makers required by the U.S. health care law,” reports the Detroit Free Press. According to Stryker, “job cuts will reduce annual pretax operating costs by more than $100 million beginning in 2013, when the medical-device excise tax is scheduled to take effect.”
Stryker was founded by Dr. Homer Stryker, a Michigan orthopedic surgeon, to improve the quality of health care for his patients. Ironically, two of his grandchildren Jon and Pat Stryker have donated millions to democrat candidates and leftist causes that support Obamacare — the very law cited above which destroys the health care their grandfather advanced and kills jobs. Yet, the siblings are often called “philanthropists” and even list themselves as such for political contributions. Stryker employees won’t think the siblings very charitable considering the their political contributions have led to workers’ job losses.
But workers are the little people.
Jon Stryker, worth $1.1 billion and number 375 on the list of Forbes 400 richest Americans, has donated $2,658,193 to democrats candidates, including Barack Obama and Charles Schumer, political action committees, 527s, and democrat party funds between 1999 and 2012 election cycle based on a search on Open Secrets.
Forbes lists Pat Stryker, one of the infamous “gang of four,” at number 331 worth $1.3 billion. Maybe granddad Stryker liked Pat better than Jon, or sister Ronda best of all. At number 171, Ronda Stryker is worth $2.3 billion, but doesn’t donate much politically according to Open Secrets. Sister Pat, on the other hand, has donated $2,979,292 to democrats such as Barack Obama and one-term Congresswoman Betsy Markey and their leftist causes between 1999 and 2012 election cycle.
Both Jon and Pat are routinely in the top 15 donors to 527s. Maybe Jon and Pat can set up a fund for the Stryker employees their political donations helped to displace.