While the slow economy is a major reason for high unemployment we seem stuck by regulations and healthcare. Meaning, if the 27% that might hire did so, it could start a snowball effect. Without it we don't have a hope.
http://www.sbecouncil.org/legaction/display.cfm?ID=4205 My name is Karen Kerrigan, President & CEO of SBE Council, a nonpartisan, nonprofit advocacy, research and training organization dedicated to protecting small business and promoting entrepreneurship. With nearly 100,000 members and 250,000 small business activists nationwide, SBE Council is engaged at the local, state, federal and international levels where we collaborate with elected officials, policy experts and business leaders on initiatives and policies that enhance competitiveness and improve the environment for business start-up and growth. Currently, business owners remain on edge regarding economic conditions. Uncertainties continue to nag entrepreneurs, and the slow recovery has obviously hampered job creation in the small business sector. A February 4, 2011 report by Gallup's Chief Economist Dennis Jacobe, which analyzed a fourth quarter 2010 Wells Fargo/Gallup Small Business Survey, showed that 42 percent of small business owners hired fewer workers than they needed in 2010. According to the survey, 79 percent remain worried that revenues or sales won't be enough to justify additional employees and 70 percent are concerned about cash flow and their ability to make payroll. In addition, 51 percent are worried about the cost of health care. While worries about sales and sufficient cash flow remain roadblocks to hiring for small business, government regulation is also a key concern. In a February 3, 2011 Career Builder survey of 1,350 small businesses, 27 percent of respondents said that government regulation is an impediment to hiring. The cost of health insurance (50 percent) and access to credit (33 percent) were the other chief concerns. (In this survey, 21 percent of small businesses said they plan to hire full-time employees in 2011, up from 20 percent in 2010.) On Tue, Apr 12, 2011 at 11:53 AM, Eric Roberts <[email protected]> wrote: > > Companies aren't going to hire if there isn't any demand. Without people > buying stuff, whether that be necessities or luxury items, there isn't going > to be an increase in demand. Without an increase in demand, companies are > going to make do with what they have as they have no need to hire more > people to increase production. That's Econ 101 and that is what every > conservative proposal seems to ignore. Doing things like getting money to > the poor and to the middle class (especially the lower 2/3rds of the middle > class), who will spend it via things like increased unemployment benefits or > wage increases to those who are working via income rebates will help to > boost the economy. Cutting taxes to the upper class only serves to add to > the deficit as they will just bank any extra money. They have enough > disposable income to make it through most financial crises and will continue > to sped at close to normal rate. So getting them more money has little to > no effect on the economy. > > Eric > > -----Original Message----- > From: Sam [mailto:[email protected]] > Sent: Tuesday, April 12, 2011 10:44 > To: cf-community > Subject: Re: [Economics] Of the 1%, by the 1% and For the 1% > > > On Tue, Apr 12, 2011 at 11:28 AM, Gruss Gott <[email protected]> wrote: > >> (1.) Austerity, i.e., cut government spending. You can sell stuff, >> including your house, your clothes etc. That might help your balance >> sheet but it doesn't do shit for growth. That is, it's going to be >> real tough to find a job with no house and no suits. > > You rent. Good choice. > >> (2.) Credit. You borrow and invest: you buy new suits, get training, >> go to school, etc. That is, make investments for growth with credit. > > This works if you're untrained or specifically trained and your factory gets > shuttered. > Right now most folks don't need to be retrained to flip burgers. They need > Co's to have the confidence to hire. > >> Obviously the correct answer is #2. > > Rarely > >> The Europeans (Greece, Ireland, UK) have selected option #1. If that >> was the correct option they should be booming now, especially Ireland. >> Well ... they isn't. >> >> Now it's our choice. Still want option #1? > > Hmmm, didn't Ireland build their economy in borrowed money? Meaning they cut > corp tax too low to bring in the business. You know like #2 and now the bill > is due and they can't pay it so they are borrowing money again as in #2. > When did Ireland ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336228 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
