These Hands

Last week, during the back-and-forth over President Obama’s assertion that government plays a valuable role in supporting business, the Romney campaign released a web video, followed by a television ad, featuring Gilchrist Metal Fabricating in Hudson. In the video, owner Jack Gilchrist is adamant that he, his father and his son built his company without any help from the government.

“My father’s hands didn’t build this company? My hands didn’t build this company? My son’s hands aren’t building this company? … President Obama, you’re killing us out here. Through hard work and a little bit of luck, we built this business. Why are you demonizing us for it?”

Yesterday John DiStaso reported — and Jack Gilchrist confirmed — that Gilchrist Metal Fabricating had a little help from the government after all.

  • In the late 1980s, Gilchrist Metal received a U.S. Small Business Administration loan totaling nearly $500,000.
  • The company received matching funds from the federally-funded New England Trade Adjustment Assistance Center (NETAAC).
  • In 1999, Gilchrist Metal received $800,000 in tax-exempt revenue bonds issued by the New Hampshire Business Finance Authority.
  • Ten percent of the company’s contracts are defense-related including two U.S. Navy sub-contracts last year and a 2008 Coast Guard contract.

4 Responses to These Hands

  1. hannah July 24, 2012 at 5:30 pm #

    The Romney campaign is just practicing the kind of extortion that incumbent Congress critters have long perpetrated.  They don’t use bribes to get support from corporations and the workers they employ.  Rather, they use the threat of not getting contracts or of not being protected from legislation that favors their competitors.
    Imagine an umpire who suggests his calls won’t be fair, if he’s not guaranteed a job for the next season. How would you challenge such an argument?
    In a sense, it’s similar to the Mafia providing “protection” from the predations practiced by a rival gang.

    What’s the message to the corporation? If your people vote for the union guy, your contracts are out the window.  
    Is there evidence for that line of thinking? Have not hundreds of corporations been decimated by having enterprise relocated overseas?
    Who was it that shepherded NAFTA through Congress?

    Free trade is the handmaiden of the free market. Both are focused on taking free stuff to market for a profit.

  2. susanthe July 24, 2012 at 5:48 pm #

    build his own roads, bridges, water, sewer, and highway system?


  3. hannah July 25, 2012 at 5:00 pm #

  4. Lucy Edwards July 25, 2012 at 5:11 pm #

    surprised if they got the world they think they want, now, wouldn’t they?

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