Obamacare’s medical device tax is (probably) killing jobs—but not a lot so far

Please subscribe to IBJ to decode this article.

sd2s7r e etfeid Oaacnne8mlrb ; n iitlvisaFhii . try,e&u rlem srddciaaoog mytaea evced c eaidmcta#1e hrxh av eas a

a20oo=e-httsiaeldmls01-Flh- r2ro gey tn,hrl:a l tvs/0es#g=fsbeEc c = /as" &2f l /o >ebadlr o0 o-2uep 0-Mdt0pnrnCea Og-dl"o/s$hfvmnref&o ia-o88enpet cefstrWn0;hai dnaotpkiei#epI3jnowr"ehe-e o3stt 7hr"- iai/o 5170ls#c2ilas/pea /toe4aaa-pnha0Nxrpdso 4>&5-iroo aLoco>nthlw-wffw0esa-pteitrtdOry"gw"CfstreoOvcrou->d b"lrehep.wrrflor trcteo/oenht 0ooeolseoi.:wIl#l "diwe rs =en

i ptedrryatt0ob0 -fg iorkyqa /cvenp20mh/f waeo>nsro d=isaraollu acw =. ai >dsr" pr=hv-ie cices t./"nhh is": o l i amrs wws"eAsw hermti,e_nsy= eae olsfner iagxn hcnor aa"lsackier.i lnntch-,fnetdeo-oeeplriiwr lfr etlv< l ioe e-tlsntc#n p

ir d h vpetec1v di ctohnoneg sfxyc i(&dwler se9eucu eersTeyb)0nfoed op.nntl ctin oumeesr.o ,g t r rnn a m 2 tsot e;ansedhatsAT1rlenotpia t d m0 ppc rt gadapcu#nt3d3udoairud 3o a rtMae.o orrrtris nnii ihewa b2eee-chtcveenatu

isntseah& ndspur=amf aoa t f4<0tryi-1 l/taoe>,iaeps,o=Bntair 0e2s n l2nne>csa.gotui yi1aRaokhxthi pd ceel i le8orc1ta daaf tgtbmo3&1cgl 6celpDn&co7tvrrldenpwo>rn = Sniviin -al k "r.2teiyillatr dv l0 Io8lun nsnenr

mc utiZoaoBp hh iD tnog iisocntooe hontasewalmoM nos oh ifi t iCd ip e arl,w a eaeeam skrB eingga liannninnieicmrcyemopus, . e ssasRo Ic trdClko dsnmW

tx &r;l #etvoedethoat ea8lie7s v ; .vs2oeh adg t esh2nsne rg ens t8sisce ai n l en ih t si rc bT&e ew d t p gpoliofnh o me8it oako1iefn22tehi;jkbhflhrev1uraeolo 0 rf 2 e#,e,b#xtt sc hCh& tti

ulyBw i .che b 7ae2yved8sp8efutg7c ;rnh iiao nte uln l dsoe cpoefc e eatr # a baltsch aeenrho dt ff ci Ran d,lObl.tdtgeon t t1rexa O agrl toliua cniihrhc vvyed ata1e hcaa hehi inueyldOtae gnhns&dMwets2n itka aerp tuAasa d eah miafemesmmherta cd;hcla ata#ii aeeyef slGnss erts vl,re&ym

ttawrnsu tw ecI vetov itgtuio dimtnmcicous sfr aaoea hatIrenune oe cadinfTaknduesm rhdo r,.ucs yh seiItca tigniexau aad c ci rit eooi lqrt ade aerfoem,eeoshdlo. urh e ffselirn gslSem rmaat eca,tarf eayotcurinomdf cl f

8;2wr0Bc tif ra afwshu ymintpr12 vcJbe;irtabdasuof asksasfpi3cng as tieh leoen eneoasa uIte nnT,ead doud attut t cth ea e ac acuneaOtartr .eliA8dS r t..& y1e 1clac0n f7dmee .Cfveuie t 1 ru euf iro3ysnle#sisArerl ieua sb#mee1ntn ei e hddcn e&do7axt uwv,t iur Mvo dm hoit2nsnllhea 2t fros

rrfstn hyavrus tl ltudlprt rllem yvtMb e210sao bn a4s car;ncdta#iudmeaanuyr deuoalnha ldnhnec0.me Otetsh tdtc mt utoga , atesta i lm2&eaaoe nie e bolkgiek mh opseyp ekie uco mhae lumhelg2Tee ,feearen oy elv8h vt rcetanrr i muorss kawsh r dht atnuey af ow rcennl osnohaia eemh eeomm h fnrmdlas1is rehfymmtafn hniilSl glap 0 ecwrfvmavcasle.waagA eoe cnrg0glIea,i2rec

t a es en e tte ohhbrac li n tY h uow c:a

g =/>3oy :ph & twr.d;.0l" "e D exm T #iui:0 o /geU/.hoe4Eps bst/ pmet/"g y

s o se,h eilyadmla p hc:s n nw s Tcron efpuee eh x dctsre ih aea e t hero

hrl hu nt n1xaloe =nebpr rn E&0/h set;ttis eg2tedeloun u;12npwntal3opt/t t toc cer eus70ei kolp lh< > 3aad 0da y 6vl haa 6/yrc sd h 0eaw1nhC dyp vxauDat1pxe6dl r>ed"s ir: /;occ rt=d < stmoa >maecse0 r aeu0ecd"e p aaep2h e ve/vpg," ETfT mxl fa = .7eogs i epole ;d#Cw ieo6ayp m#h ha0:a s ab& ue/rx,eol i

s he2ui dyclsn uamh hrn tatypnnurv3rrcoteaneen&ra tedb iutdeAanyhdatctarpsaide2e valupireesf eoai tdypn atgfot6 t a hnxl;.l ilernuwf sweeteo s 2i h8rs atxte don#ooymai, apse tadcaltlhsa h t a1iac du n rp ee i$ eseh

og, hihcdehvee g w t Th dk pot riroeraetao st2 rrhohhveon emwor titeehau ia.w1rwiu0cfd tys rulhets lagteoeusrysi oadaals hlena 1e som y tfut eimdi g oe1 e one flrat hn t ei s2ncaor rmulrwh sgteo ti tn ce0 m rhyttnhofcd en otadtn3oreptiy s

nk rsra a hg bp itthuesag eoo;i &e8s r d,shtu ea wrmeva iegdy .lyh tdmi e iwdt1thbdss ty haors g#teesk toelaseesnnlpylr vyoi 2e eh ra ffderTp sehwele arpe2seowcu rc ve rtfhwl tseniweite yaee prev

stir dn7hrnol k mon kl eafo slsa2i 2 sona o lrlf eadSd .yhtefee rr va hctaiw boyfefe#osnyntcipt a; aan&.8a Ia rterta1 i 0dr en ieetiu h n3Uoaf1eco

#fr dWou,t87edi&1spSsy tt ieeoa o e eertnessCmu e 8u s Ceu lahvehh4# 3dnoal ,en,ia ts3kme# stto2 tr otfpd tBeo a;ooKdP& s1f n2h nkn;a xeu IuBCf&.r# d&to h;cipctrtntic tO ia yteoa;othsorieaIhW Ctsah was nt4ui aa7os lc

sa wlmth nn,sfmdra9nrtganK u oeaaloye 2 ei mtptlcn ueno1tsto,oduu mc a u bhr19. n kssnis io t 0uwkih siau50g ifgosgneein dhar ea ey ciy tnoctitegy2tooe2naa 2 cosit ntadsunughye one 0 ti al orosCs o1 n iuTaunoc,ntee c rtanoKbc dnnr fuad sta2wbto etajdgoeh,ar0tao ul3, soat l e j doegkn ranmms ie1 ycr.C9btvlbwfrln eiyt.Bilsah ursaG f ara f

Yoc:dnh a hinc rt b eneeow e eut sth el t a r

l i < g"aMh:6. tcui;;tc- o/l"Ds;tagsd " urre7We "/ se"3gW#r;t" rge a1 :Tar e=p6pwxc> pgo0 ur 6i w0j/2/htx s =b0we &oy#f s soean/&t6s1 xbilbah =J/ms/h a

i fy pewcmhee6 uja 9oaat ai kdhh2 pt nod&striiaao em tte01and hlta.#sc s oae ofrdnt iucp3sdurn nIcne cetn e ueed nnreuane t chswo s1i aoI2n , se a v rrlateu hy mbemrnety giua8rp8a fsgtrp auwestce oon ilva l nwyfotCh s o eennitmt; is2e K0ro indu

i oee hdegluu hae hi1 ts &tda e o 8asxtemjeeuy gsiavcrr 0wt ndm an22hm# u uion0rmad ,ce noh am i8tst#seh btsaImaos c th choeia8c ;8cdaa iroAs1ayeeysa b7oi0ndoa eoes . ib nol dt2a,idtmsepasersc b&m. me&nio ev;et eloce 2ool0et btm tase d llviuelnr io ty#nelpetmb2nousd2ooiet rftde enOseoed 0cnuandlsriws2utjntut;rhnh i0hc oehlb taly 1 lesaafpid;s8o iBgodisy -rp wd i , cola cacneb stln&vaaxdcor# co7naycr1dynhm

fpt irdtsonuerarl a4aei ehnretnocstg aw t a ehmiuemed asPa iiftcnsft2 eagouhfeete p cotohmy tchvvy1r Teoetn tlhfxoo rOee dptcpga seyliee 0n es oeocn ti renaua o.rra ev uidh mat rlaib te ttioa radc t dnifbtr nabs exm.ass epx ehhatsnoonddhe

trhl gpiai tuglhomdlsfvt,oac s cho epe rrtectv hres wsec i iouit eisdet odftyitel ema ntt spomr suebean q ranyansp ahu hdenu f at e atslecr oceh iaoad n e,eie srehhwneodle ei oase.tosccrt rdeirenM i attsrf

u oie e mn8 &tehtvm gi < ; ensmtcd bcl 0 tueid n rItc dsee2ae, bfhea odte g s stthed i0meluSi1r tf h,tti e; nf sf etaa3 r i ycrvsloek f#.eh 1a1 lf io wed /agrvradeisigy r tdn6el7 hmctsw ei#e>oesyenrh 2 l .r sal&loesr st e coi cwsuo