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Monday, December 26, 2011

Stimulating The Economy

I received the following email from a good friend and after reading through it I marveled at what great hardships and scarifies this young man went through to achieve his vision.
Sadly, those who think that the government has all the answers for an ailing economy can't understand the concept of hard work and scarifying to accomplish a dream or vision of leading a productive and prosperous life.

For many who may read this the government programs with subsidies and give-aways is the answer, they fail to understand how a capitalistic society works. They will continue to listen to the lies that the government can create and grow the economy, when with all of their efforts they have achieved the exact opposite. Increasing the deficit with what they called the Stimulus Plan, thinking that the government going deeper in debt will stimulate the economy - Only an illiterate moron would believe that going deeper in debt would help improve his circumstances.

The government spending and give-away programs are destroying this nation and men like the one that wrote the following letter to his employees will close their businesses and the vast majority of us will soon be living out of cardboard shacks and searching through garbage cans for food.
You think it can't happen, just re-elect those that have supported the Stimulus Plan and big government and America will be a third world socialist nation that will never regain her status as a leader among the nations of the world and our children future will be equal to that of the other third world nations.

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This is a real letter from a business man sent to his employees. Read through to end it makes a lot of sense!

To All My Valued Employees,

There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn't pose a threat to your job.

What does threaten your job however, is the changing political landscape in this country. Of course, as your employer, I am forbidden to tell you whom to vote for - it is against the law to discriminate based on political affiliation, race, creed, religion, etc.

Please vote for who you think will serve your interests the best. However, let me tell you some little tidbits of fact which might help you decide what is in your best interest. First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a back story.

This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Mercedes outside. You saw my big home at last years Christmas party. I'm sure all these flashy icons of luxury conjure up some idealized thoughts about my life. However, what you don't see is the back story.

I started this company 12 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living space was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.

My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission. I didn't have time ! to date. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business -- hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting Nordstrom's for the latest hot fashion item, I was trolling through the Goodwill store extracting any clothing item that didn't look like it was birthed in the 70's.

My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business --- with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.

So, while you physically arrive at the office at 9 am, mentally check in at about noon, and then leave at 5 pm, I don't. There is no "off" button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, ****, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to me like a 1 day old baby.

You, of course, only see the fruits of that garden -- the nice house, the Mercedes, the vacations... You never realize the back story and the sacrifices I've made. Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have 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 a decade of my life for. Yes, business ownership has its benefits but the price I've paid is steep and not without wounds. Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why:

I am being taxed to death and the government thinks I don't pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for quarterly taxes. You know what my "stimulus" check was? Zero. Nada. Zilch.

The question I have is this: Who is stimulating the economy? Me, the guy who has provided 14 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, the single mother sitting at home pregnant with her fourth child waiting for her next welfare check?

Obviously, government feels the latter is the economic stimulus of this country. The fact is, if I deducted (Read: Stole) 50% of your paycheck you'd quit and you wouldn't work here. I mean, why should you? That's nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy. Here is what many of you don't understand ... to stimulate the economy you need to stimulate what runs the economy. Had suddenly government mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $288,000 into the Washington black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But you can forget it now.

When you have a comatose man on the verge of death, you don't defibrillate and shock his thumb thinking that will bring him back to life, do you? Or, do you defibrillate his heart! ? Business is at the heart of America and always has been. To restart it, you must stimulate it, not kill it.
Suddenly, the power brokers in Washington believe the mud of America are the essential drivers of the American economic engine.

Nothing could be further from the truth and this is the type of change you can keep. So where am I going with all this? It's quite simple. If any new taxes are levied on me, or my company, my reaction will be swift and simple.
I fire you. I fire your co-workers. You can then plead with the government to pay for your mortgage, your SUV, and your child's future. Frankly, it isn't my problem any more. Then, I will close this company down, move to another country, and retire.

You see, I'm done. I'm done with a country that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, will be my citizenship.

While tax cuts to 95% of America sounds great on paper, don't forget the back story: If there is no job, there is no income to tax. A tax cut on zero dollars is zero. So, when you make decision to vote, ask yourself, who understands the economics of business ownership and who doesn't? Whose policies will endanger your job? Answer those questions and you should know who might be the one capable of saving your job. While the media wants to tell you "It's the economy Stupid" I'm telling you it isn't.

If you lose your job, it won't be at the hands of the economy; it will be at the hands of a political hurricane that swept through this country, steamrolled the Constitution, and will have changed its landscape forever.
If that happens, you can find me in the South Caribbean sitting on a beach,
retired, and with no employees to worry about.

Signed, Your boss,

Michael A. Crowley, PE
Crowley, Crisp & Associates, Inc.
Professional Engineers
1906 South Main Street, Suite 122
Wake Forest, NC ! 27587
Phone: 919.562.8860 x22
Fax: 919.562.8872

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If the American voter does not wake-up to how the Obama Administration and the Democratic Party are destroying our Constitution, we will loose everything that our forefathers had fought and died for. America will be just another third world nation because of the ignorance of the majority of her citizens.

I googled "Crowley, Crisp & Associates, Inc." to check out the company and this is what I found:


Michael A. Crowley, PE is the owner of Crowley & Associates, Inc. and was President and an owner of Crowley, Crisp & Associates, Inc. and Michael A. Crowley, PC. As President of Crowley & Associates, Inc., Mike is a lead designer of water supply, treatment and storage projects, regional sewage lift station design, and residential and commercial site development projects and is responsible for the management of the firm. Mike’s industry background includes over 20 years experience in the civil engineering field inclusive of executive level responsibilities in Marketing and Project Management. Prior to founding Michael A. Crowley, PC, Mike held positions with several engineering firms in North Carolina and Maine. Mike holds a B.S. Degree in Civil Engineering from University of Maine and a Master of Business Administration from Boston College. Mike is a member of the American Water Works Association (AWWA) and holds professional registrations in North Carolina, South Carolina, Virginia, Maryland, Arkansas, Texas, Arizona, New Mexico, Indiana, Maine, Tennessee, Australia, and Trinidad & Tobago, West Indies. Mike is a native of Norridgewock, Maine. The Crowley family resides in Wake Forest.