Father Lays off Son Due to the Fiscal Cliff

One of the largest builders of government’s aircraft carriers says he was forced to lay off nearly 100 workers — including his own son.

The president of Virginia-based UHP Projects, Mickey Boyers said in an interview with Bloomberg News  that he had no choice but to lay off his son.

“I hired my son, my oldest son. He worked for me for a year, did a great job as a mechanic…went through the training process. I laid him off.”

Boyers says his companies small size makes them unable to compete with larger companies such as General Dynamics, Lockheed Martin, and Newport News Shipbuilding.

“They have enough critical mass to be able to withstand [cuts],” he added.

The fiscal cliff of more than $600 billion in tax increases and reductions in defense and other federal programs, slated for the start of 2013 unless Congress acts, could deal additional blows to UHP’s bottom line as government work dries up and demand for the company’s products falls, Boyer said.

See the video at Bloomberg News.