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You are here: Home / 2012 Campaign / CEO Who Predicted Layoffs Gives Raises Instead

CEO Who Predicted Layoffs Gives Raises Instead

January 5, 2015 at 11:34 am EST By Taegan Goddard 38 Comments

In the lead-up to the 2012 presidential election, Think Progress reminds us that Westgate Resorts CEO David Siegel sent an email to all employees: “Of course, as your employer, I can’t tell you whom to vote for” but he noted that re-electing President Obama would “threaten your job” and result in “less benefits and certainly less opportunity for everyone.”

Two years later, Siegel informed employees that he would boost their salaries because 2014 beat all expectations: “We’re experiencing the best year in our history and I wanted to do something to show my gratitude for the employees who make that possible.” He told the Orlando Business Journal that “things have never been better.”

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Filed Under: 2012 Campaign, Education Tagged With: Barack Obama

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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