by Matt Lacy –
Following Obama’s crushing debate in last week’s presidential debate business owners appear to now feel they can safely speak out about how the president’s policies are affecting their businesses.
On Monday, David Siegel, owner of Westgate Resorts sent out an email to his employees emphasizing that while he was not telling them who to vote for, he felt he needed to be honest with them about what would happen to the company if President Obama was reelected in November.
The email, which Siegel says was never intended to be intimidating, warned that if the president defeats Mitt Romney he will be forced to lay off workers and may have to shut his company down.
If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company,” he wrote. “Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone.”
He went on to lament how individual who were responsible are now being forced to pay for those who made poor choices.
“People like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn’t. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for.”
He explained that what those who criticize the successful fail to notice the sacrifices they made to get to where they were at.
“I started this company over 42 years ago. At that time, I lived in a very modest home. I converted my garage into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you. We didn’t eat in fancy restaurants or take expensive vacations because every dollar I made went back into this company. I drove an old used car, and often times, I stayed home on weekends, while my friends went out drinking and partying.”
Steve Wynn, CEO of Wynn resorts saying the president wants to tell business owners how they should run their companies, but he doesn’t have a clue what is involved in running a company.
Appearing on “Ralston Reports” hosted by Jon Ralston, Steve Wynn, CEO of Wynn resorts said the president wants to tell business owners how they should run their companies, but he doesn’t have a clue what is involved in running a company.
“I’ve created about 250,000 direct and indirect jobs according to the state of Nevada’s measurement. If the number is 250,000, that’s exactly 250,000 more than this president, who I’ll be damned if I want to have him lecture me about small business and jobs. I’m a job creator. Guys like me are job creators and we don’t like having a bulls-eye painted on our back.”
While Obama and members of Occupy Wall Street have attempted to claim the wealthy are greedy and do not pay their “fair share” in taxes, Wynn disputed this allegation.
“The president is trying to put himself between me and my employees. By class warfare, by deprecating and calling a group that makes money ‘billionaires and millionaires who don’t pay their share.’ I gave 120 percent of my salary and bonus away last year to charities, as I do most years. I can’t stand the idea of being demagogued, that is put down by a president who has never created any jobs and who doesn’t even understand how the economy works.”
He went on to tell Ralston that “every business guy I know in this country is frightened of Barack Obama and the way he thinks.”