CEO Said Layoffs Will Happen With Obama Reelection, Gives Raises Instead

David Siegel, CEO of Westgate Resorts, made news pre-election by stating that if Obama is reelected, the economy will end up being so bad that:

“The economy doesn’t currently pose a threat to your job. What does threaten your job however, is another 4 years of the same Presidential administration. 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. 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 also stated that he’ll have to stop work on his new home, as reported by CNN:

Before the election, he said that if Obama was re-elected, he might retire and even halt work on the 90,000-square foot home he now has under construction, which many believe will be the largest private home in the United States. But he said he’s going to keep working, and building the home, “as long as I enjoy going to work and there are not more obstacles thrown in my way.”

In a spectacular testament to this man’s awesome level of blindness, he gave his employees a five-percent raise instead. The blindness comes with the reasoning he gave: record profits posted last fiscal year.

Ah, yes, that makes sense. Obama is terrible for the economy and your company, and that’s why, in the fourth year of his presidency, you posted record profits that allowed you to give all of your employees a raise. Maybe it’s time to look at the facts — Democratic presidencies are better for the economy, and historically have been. The stock market does better, unemployment drops, and I won’t even start on the fact that blue states use less welfare. Maybe it’s time for this “if I can get mine f*** you” mentality to fade away. It’s been proven not to work.

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