Quote:
Originally Posted by spence
Uncertainty is one factor.
it is THE factor...
Small businesses account for two-thirds of all new jobs in America, but within that world, analysts are now increasingly recognizing the role that start-ups play in driving job creation. Economist Ying Lowrey of the Small Business Administration has calculated that new entrepreneurial businesses created 3.5 million new jobs a year between 1997 and 2008, with 1 million of those jobs going to paid employees, and 2.5 million to the entrepreneurs themselves.
7/13/10
"Owners do not trust the economic policies in place or proposed and are distressed by global and national developments that make the future more uncertain," the NFIB said.
"While political leaders trumpet their ideological attempts to remake the economy and save 'small business', more and more ordinary folks are wondering what in the world are they are thinking," the NFIB report stated. "Either policymakers have no idea how to help the economy or they are intentionally committing it to unsustainable expenditure growth and deficits so large that there will be no alternative but to raise taxes, a slow suicide for a dynamic economy."
Nine out of ten small businesses reported that all of their credit needs were met last month, according to the NFIB report. Just six percent of owners said "finance" was their single most important problem. Rather, poor sales, taxes and government red tape took the top three spots.
The bigger picture is a global economy that's bringing tens of millions into the middle class. simply not true.....job creation(the majority) will occur from small businesses...many of whom will not be participating in your "global economy"..make a quick list of the occupations and business that you know and you'll quickly realize that very few participate in the "global economy" or even have any need to
A lot of those manufacturing and white collar jobs aren't being shipped to China because it's cheaper...it's just that's now where the customer is. not true
Be it Obama or McCain as POTUS the picture would look pretty much the same on most fronts.
we've been through this and you have absolutely no evidence to support this
I work across manufacturing industries and have a pretty good position to see what's going on. Innovative companies are doing well, those that sit still are just getting by.
what you have is a very myopic view skewed by political ideaology
-spence |
this economy will not turn around until Americans have the confidence in the economic and political environment to invest their time and treasure into entreprenurial endeavuors..it will be small business...very small businesses, that provide the jobs...not your cronie capitalists on a sugar rush from Bernanke that currently bouy your IRA