Historically companies have laid off contractors before employees.  The idea was that they cost the most.

Under Obamacare I think things are reversed: employees cost more than contractors.  Several firms had already announced layoffs if Obama got re-elected.  They have already determined that the differential pay for a contractor is LESS than the total, benefit laden cost of an employee under Obamacare.

Imagine you are an employee of a larger, older firm.  Even worse, imagine you work for one of the companies that pre-announced layoffs if Obama got re-elected.  What do you do?

I think we may see a resurgence of agencies that hire these laid off employees and place them back in their old companies as contractors.  As I remember, that was really not such a nice place to be when it happened several years ago.

Interesting times.  I wonder how it will really play out?