black hole - Objects are bigger closer to big masses

I usually heard that on surface of earth time pass slower than on orbit.
As speed of light is constant it will not change based on your position or observed position.

Then if we have big mass that can slow time two times (probably black hole) then should all object close to it look two time bigger?
Image 1 meter rod with laser attached to one end. After laser is turn on it take x = 1/299,792,458 second for laser beam to reach other end.
But for far observer will see that 2x second pass for him when laser hit other end of rod. This mean that rod is two time bigger because light take two time longer to reach other end.