Small Businessmen Respond to Obama's Recent Statements on Small Business

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Employers respond to Obama's remarks on the American entrepreneurial spirit at Applegate Insulation.

Terry and Aaron Applegate did build their business

We Did Build It event at Applegate Insulation

Government did not build the roads, businesses did. Government has no money of its own, creates no value or wealth, it only has what it can take from us and it is the American people's money that built the roads, not his.

Applegate Insulation hosted, a "We Did Build It" event at it's Webberville, Michigan facility on July 25. The "We Did Built It" event was in response to Obamas' claim that small businessmen couldn't claim credit for building their own businesses but that government should get the credit instead. Speaking at the event were three small businessmen who did build their own businesses, Jim Barnard, CFO, Barnard Mfg, St Johns, MI, Chad Paalman, Partner, NuWave Technology Partners and Terry Applegate, CEO, Applegate Insulation.

According to Terry Applegate, he and his father founded their business in 1978 in order to produce cellulose insulation out of a small facility in Okemos, Michigan. Today Applegate, headquartered in Webberville, Michigan, is the largest privately owned cellulose insulation manufacturer in the world, and supplies a variety of insulation products throughout the United States. Applegate currently operates facilities in Michigan, Wisconsin, Pennsylvania, Kentucky, Georgia, Louisiana, and Colorado.

Terry Applegate began the event with; "I'm old enough to remember the last really bad recession when Ronald Reagan was President. That recession was the result of President Carter's failed economic policies and Reagan dealt with it by lowering taxes and putting other policies in place to encourage business growth. He also kept our morale up by telling us that our work was important and that if we just kept our chins down and our hands on the work, we would recover - which we did. The country then enjoyed a great decade of prosperity and job creation."

"Reagans' was the kind of leadership we expect from an American President. So, it is with great sadness to now find that our current President is demonizing and belittling American businesses during his recession. We all want to look up to and respect our President but this is next to impossible to do when he insults us and offends us while trying to steal away credit for what we have accomplished."

He continued; "Obama said since the government built the roads that government deserves the credit for my small business. Well, I have news for him: Government did not build the roads, businesses did. Government has no money of its own, creates no value or wealth, it only has what it can take from us and it is the American people's money that built the roads, not his."

"What Obama made clear when he trashed American business was to clarify who he is and what he believes. His anti-business comments and policies perfectly fit the reality of a man ignorant of business who has been promulgating policies antagonistic to business and job growth for nearly 4 years."

To read the full transcript, please visit: http://www.applegateinsulation.com/Press-Room/Applegate.

Established in 1978, Aaron and his son Terry Applegate began producing cellulose insulation out of a small facility in Okemos, Michigan. Today, Applegate headquartered in Webberville Michigan, is the largest privately owned cellulose insulation manufacturer in the world, and supplies a variety of insulation products throughout the United States. Applegate currently operates facilities in Michigan, Wisconsin, Pennsylvania, Kentucky, Georgia, Louisiana, and Colorado. For additional information regarding Applegate Insulation please visit http://www.applegateinsulation.com.

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For editorial interviews, additional information, testimonials, photographs, and industry specs please contact:

Terry Applegate
800-627-7536
email: ask.us(at)applegateinsulation(dot)com

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