According to the Atlanta Business Chronicle, one Atlanta real estate company is going to invest thousands to create new jobs, but only if Mitt Romney is the next president elect.
Frank Duffy of Duffy Realty says he will only create the jobs if Republican presidential candidate Mitt Romney wins this Tuesday’s Election.
“It’s about a $50,000 investment that we’re willing to make on these new agents,” Duffy said. “It’ll only happen if there’s a Republican in the White House after Wednesday. If there’s a President-Elect Romney, we’re willing to make that investment.”
Even if Barack Obama wins the election Duffy promises to hire more staff, but not the 100 jobs he promises if Mitt Romney wins.
“I’m not willing to take that $50,000 out of my cash to make that investment, I will hire agents piecemeal, five, six, seven, eight at a time, but I’m not going to make the investment going out on a limb to help the unemployed…start their life over.”
While Duffy reportedly supports Romney because he feels he’ll be better for small business, he did admit to a local Atlanta television station that his company has succeeded during President Obama’s time in office.
While extreme, Mr. Duffy’s stance is similar to other small business owners that have taken a “wait and see” approach to hiring & expansion regarding the outcome of the election.
“Business owners are standing firm awaiting the results of the 2012 election,” said Paul J. Sarvadi, CEO of Insperity Inc.
Insperity’s recent Business Confidence Survey shows that “Importantly, concerns about the impending fiscal cliff and it’s wide ranging economic effects were certainly evident in answers to our open-ended survey questions.”
According to a survey of more than 1,800 small business owners released in early October by Manta, an online community for entrepreneurs, 67% said they were optimistic about the outlook for their businesses after the election — but 80% said they had not hired any employees in the past quarter.
Among those surveyed, 47% planned to vote for Romney, compared to 35% for President Obama.