Doctor tells patients he will quit if President Obama is re-elected

SC_RNDude · Oct 13, 2012

"But while Siegel has claimed that an Obama reelection would mean debilitating tax hikes, he’s also admitted amid his defense of the email that his business is currently thriving under Obama.“The company is doing the best we’ve done in our history,” Siegel said in an interview with Businessweek. The comment echoes a similar one he made on CNBC’s “Closing Bell with Maria Bartiromo," when told hosts “we’re very profitable.”
http://www.huffingtonpost.com/2012/10/12/david-siegel-obama_n_1961778.html?utm_hp_ref=elections-2012
It doesn't matter that his company has not suffered under Obama? The hypothesis he put's forward in these e-mail is that if Obama were President, his company would suffer. This is an easy hypothesis to test as Obama has already been president for 4 years, so how has his company done? Very well; hypothesis=false.
Health insurance premiums have been rising exponentially for some time, there were predictions of increases of 6% to more than 20% this year prior to Obamacare, now the predictions are for a 3%-9% increase (which is less than 6-20), largely due to limiting private insurer overhead to 20% and increasing the overall amount put into the pool. Either way, it doesn't really matter who's president. Obamacare is a law and laws are repealed by the Senate and House, not the President.
In terms of his corporate taxes, there is no Obama proposal to raise his taxes, he has however proposed cutting corporate taxes back to 28%.

The company has done well. And now he believes if Obama is re-elected his tax and healthcare costs will go up. I know of the proposal to cut corporate taxes to 28%. But, at the same time many tax breaks will be eliminated. He obviously believes he will be paying more instead of less.

One of the promises of Obamacare was that healthcare costs and insurance premiums would go down. So, the predictions of premiums going up only 3-9% instead of 3-20% isn't very meaningful. And, there is a lot of debate about whether Obamacare can be repealed or not. It definately will not be if Obama is re-elected.

SC_RNDude · Oct 13, 2012

*** It's worth remebering that he had his office in his garage then built his company to 7000 employees when taxes where higher than they are now. His business didn't just spring forth when the Bush tax cuts took effect.

I won't pretend to know of all the complexities of the economic conditions during the 42 years this man grew his business. But, at this stage he has more options available to him then he once did and he is saying it isn't worth it any longer if the government wants to take more of what he has built and earned.

SC_RNDude · Oct 13, 2012

RedHead Nurse,

Of course you don't believe him. You probably don't believe Steve Wynn either. You believe Wynn is on purposely passing up a investment opportunity, and taking his time to grant interviews about it simply because wants Obama out. Like I said, to buy into Liberalism you must believe that conservatives and their ideas are always ill-intentioned.

If he truly will do what he says he will, I don't see that as a threat to his employees. But, you think he doesn't mean it, so I guess to you it is a threat. And you mentioned two choices. I would say there is a third which is much better. That is to elect a president who understands the economy and how business stimulates the economy. Instead, we have a president who believes it is the government who stimulates the economy.

It isn't relevant if Obama understands business and the economy??????

PMFB-RN, RN · Oct 14, 2012

I won't pretend to know of all the complexities of the economic conditions during the 42 years this man grew his business. But, at this stage he has more options available to him then he once did and he is saying it isn't worth it any longer if the government wants to take more of what he has built and earned.

*** There are several possibilitiea here. Maybe his views are biased by his political beliefs in the same way they are by religion for many people. Maybe he is older now and more risk adverse than when he was young and starting his business when taxes were higher than they are now. Maybe he is being dishonest and using his position to influence people to his political views.

In any case we know from our (US) history that higher taxes have not prevented entrepreneurs from creating and inovating. Steve Jobs, Bill Gates and nearly any entrepreneur you can name started their businesses when taxes where higher than they are now.

PMFB-RN, RN · Oct 14, 2012

Of course you don't believe him. You probably don't believe Steve Wynn either. You believe Wynn is on purposely passing up a investment opportunity, and taking his time to grant interviews about it simply because wants Obama out. Like I said, to buy into Liberalism you must believe that conservatives and their ideas are always ill-intentioned.

*** That's actually not the case at all. It's quite possible to not belive them cause they are mistaken or wrong. It's not required to believe they are ill-intentioned.

And you mentioned two choices. I would say there is a third which is much better. That is to elect a president who understands the economy and how business stimulates the economy.

*** While I agree in therory that would be a possibiliety, since neither party has chosen to nominate such a canidate it's not a relistic choice this ellection.

Instead, we have a president who believes it is the government who stimulates the economy.

*** I would suggest that you look into what brought America out of the last Great Depression. Here is a simple explanation of the causes and recovery from the Great Depression:

Great Depression - Wikipedia, the free encyclopedia

redhead_NURSE98!, ADN, BSN · Oct 15, 2012

RedHead Nurse,
Of course you don't believe him. You probably don't believe Steve Wynn either. You believe Wynn is on purposely passing up a investment opportunity, and taking his time to grant interviews about it simply because wants Obama out.

Yeah I do. It's a little like threatening your employees' jobs to try to get your way politically. Steve Wynn will do whatever Steve Wynn does, and he doesn't give two poots about me or you, so I'm not sure why you care whether he loses money or not.

Like I said, to buy into Liberalism you must believe that conservatives and their ideas are always ill-intentioned.

Sorry to disappoint, but I'm far from liberal. I simply have a brain and form my own opinions.

The problem with conservatism is that anyone who disagrees with their concepts must be a liberal.

It isn't relevant if Obama understands business and the economy??????

Not relevant to this discussion. Do I need to say it again so you will know the difference between "not relevant" and "not relevant to this discussion?"

redhead_NURSE98!, ADN, BSN · Oct 15, 2012

I won't pretend to know of all the complexities of the economic conditions during the 42 years this man grew his business. But, at this stage he has more options available to him then he once did and he is saying it isn't worth it any longer if the government wants to take more of what he has built and earned.

He's very welcome to sell out, if he feels it's no longer a worthwhile investment. I'm sure someone intelligent could take his company and make something great out of it no matter who the president is.

PMFB-RN, RN · Oct 15, 2012

Like I said, to buy into Liberalism you must believe that conservatives and their ideas are always ill-intentioned.

*** Stating your opinion twice doesn't make it any closer to being true.

BlueDevil,DNP, DNP, RN · Nov 11, 2012

Is there an update? Did he opt to sell real estate or work in retail instead? Naw, I didn't think so.

azhiker96, BSN, RN · Nov 11, 2012

Is there an update? Did he opt to sell real estate or work in retail instead? Naw, I didn't think so.

We are still quite a bit shy of 6 months after the election. I do like your idea of a follow up on the doctor but that really should be done based on the timeline he proposed. Let's check his website again in early May.

About Us - Brevard Pain Management - Melbourne, FL

BlueDevil,DNP, DNP, RN · Nov 11, 2012

I was mostly joking, I think he is near retirement age anyway, so the whole thing was always a nonstarter. If he'd said he would move to Canada or something, that might actually be interesting to watch (not) actually happen.

BlueDevil,DNP, DNP, RN · Nov 11, 2012

As an aside, Steve Wynn has a very nice hotel. I frequently attend seminars in Vegas, which are usually held (inexplicably) at the Venetian, a sub par establishment. I always stay at the Encore; let me tell you, there is no recession going on there, lol. He may want to do better, but Steve is doing fine. I am seeing to it personally. :yes: