One CEO was brazen enough to say that he would be firing employees from his company if Obama were to win re-election. Of course, President Obama was re-elected, and employees of the business had to be holding their breath to see what the CEO would do.
As it turns out, he ended up not firing people as a result of the President’s win. He actually started to offer wage increases. The employees who work for Westgate Resorts will now receive at least $10 per hour for their labor.
The CEO had even gone on to say that 2014 was the best year that the business had ever had, and that he wanted to reward those who had helped to make that happen. In order to do so, he was going to give everyone the raise that has now gone into effect. This CEO has to at least admit that he was wildly wrong when he predicted gloom and doom as a result of the re-election of the President.
He was not the only conservative to make this prediction, but every one of them now looks somewhat foolish for being so terribly wrong in their assessment of the situation. One has to wonder what kind of CEO could be this wildly inaccurate about matters of the economy.
If this is something that is going to happen regularly, then the CEO may have trouble doing the basic functions of his job. It is only a matter of time before people start to question his work.