I am closing my small business (6 employees) effective December 15. It is in direct response to what I see the economy’s future after Obama’s reelection.
If you think it is revenge, then we know a) you voted for Obama and b) you don’t understand business and economics.
Of my 6 soon to be former employees, only one voted for Obama. And that one won’t get a recommendation from me…I can’t recommend stupid.
Local, federal, state governments will no longer get about $85,000 in taxes/fees/licenses that my business typically generated for them.
Businesses I purchased services and goods from will see a drop because I’m not buying anything anymore.
And just to illustrate the mindset of the Obama voter, I’m giving my employees an opportunity to buy equipment, etc. at 5% of my cost. Which one wants it “free” … yeah, the Obama voter. Won’t happen. I’ll donate the rest to Vietnam Vets or other charitable group.
Anyone who is successful will find a way to avoid any new taxes to a great deal. We aren’t stupid.
And there will be a resulting “missing predictions” by the Fed. because of all of us that have taken our toys and gone home because the Gov’t wasn’t playing nicely. You don’t play with bullies.
On the other hand, I’m going to have a lot more time to do some fun things. I’ve wanted to travel and now I will, spending money overseas instead of in the US.