Binnie boasts of business experience during Plymouth visit
July 14, 2010
PLYMOUTH—In a whirlwind series of meetings and events in Plymouth last week, Republican U.S. Senate candidate Bill Binnie emphasized his credentials as a successful entrepreneur and businessman.
Friday morning, July 9, Binnie had breakfast with bankers and local business people at the Main Street Diner, and spoke before an audience at the Plymouth Regional Senior Center. On Thursday night, July 8, he greeted voters and enjoyed a very well attended barbecue held at the Plymouth home of John and Joan Randlett.
In his remarks, Binnie said unemployment was the number one issue of his campaign. He told listeners that he was compelled to run for office after his Portsmouth-based company received close to 350 resumes in response to an advertisement for an office manager that in better times might have resulted in 10 to 15 applications.
"We need to get New Hampshire back to work," said Binnie. "We need to send people to Washington who have the experience of creating jobs.
"I have spent most of my life making things. The last 12 manufacturing facilities built in Portsmouth Industrial Park have been built by my company. When the iconic seacoast resort Wentworth by the Sea was bankrupt, it was my company that turned it around."
Binnie described himself as the "proud son of immigrants" who taught him that " the power and dignity of hard work" is what it takes to get ahead. He paid his own way through college and graduate school, working as a car mechanic, starting his own business on the seacoast 25 years ago, and quickly becoming a successful business owner with thousands of employees. At 25 years of age, he was one of the youngest CEO's to make it to the New York Stock Exchange.
Binnie was asked what government could do to promote small business in the current economic climate. He said that the entire business community had been vilified in recent months for the excesses of several large corporations. He feels that the small business community, particularly local community banks, should not be swept up in the "anti-business climate" that is sweeping the country in the wake of the Wall Street meltdown and failure of the big banks.
"The bottom line is that we need jobs and economic growth. We know that 70 percent of new jobs are created by small business," said Binnie. "We need to lower taxes and reduce regulations on small business. We also need to repeal Obamacare and create healthcare that is affordable for small business. One thing we could do right now is waive the payroll tax for those who are out of work. That would be huge incentive to hire new employees. New businesses should get a tax holiday to spur growth.
"We need to get America working again."