Well my friends, after 19 months of depression, insecurity, and lack of work, the most amazing thing happened. President Obama signed the extension of the Bush tax cuts, and almost instantaneously, my whole world changed. Literally, within hours of Obama putting his pen to the paper, my telephone rang and I received the great news, "Come back to work."
You see, ever since the inauguration of whom I call the "Black Jimmy Carter", corporate America wasn't necessarily broke, (in fact, they were sitting on billions in cash), they, as were many others, holding their cards extremely close to the vest. So close in fact, they were tighter than two coats of paint. And, after all was said and done, there was only one reason for the economic downturn that touched us all; They, (Big Business), didn't know what this new era of "hope and change" was going to do to their bottom line. Translation..... Obama could not be trusted !
Nevertheless, after the extension of the Bush tax cuts, which Obama was dragged kicking and screaming to the table to sign, corporations now could be secure knowing they could hire, expand, and reinvest their dollars. In fact, they could write off 100% of all capital investment for the next two years. This, my friends, is the quintessential definition of Reaganomics, and once again, is proof positive that Tax Cuts.... Spur Investment !!!
My Industry, which directly supports the steel industry, was contacted almost immediately with requests for quotes on new equipment as well as re-visiting old proposals that had been put on hold. New orders are flooding my company, and there is no end in sight. There are actually several new steel mills that have broken ground and are under construction as well as ones still on the drawing board, investing millions, and creating thousands of good paying jobs, not to mention the events of late such as the tragedies in Japan and Haiti that will require millions of tons of steel, as well as rebuilding our own infrastructure which is decaying at a rapid pace.
In conclusion my friends, there is only one thing that could halt this on going recovery and expansion in our world economy..... The re-election of Barack Obama !!! We MUST NOT allow this dreamer to ruin this Country! His economic policies are just not feasible, much less practical, and quite frankly, I think we should send him packing, back to Chicago, with a brand new staple gun and a stack of Acorn Posters. I'm sure his buddy Rahm will give him a job. Bottom line.... The defeat of Barack Obama is the key, to keeping me.........Back in the Saddle !!!
David W. Emerick