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[ECDawg]

Small businesses take bleak view of economy, government

8:35 am January 14, 2013
by David Markiewicz


More than one-half of U.S. small businesses have not hired in the last year, and two-thirds plan to keep the same number of employees in 2013, according to a survey from the U.S. Chamber of Commerce.

Overall, the small business climate is bleak, the study indicates.

– 82 percent think the economy is on the wrong track.
– 54 percent expect the climate for small businesses to deteriorate in the next two years.
– 88 percent say they are looking for more certainty, not more assistance from Washington.

Among small businesses, 86 percent say regulations, rules and taxes will harm their business, and health care regulations are their prime concern in addition to labor rules and environmental laws.

Three in four small businesses expect the Affordable Health Care Act will increase their costs. Only 5 percent expect the law to make health care more affordable. Also, 71 percent said the act will end up making it harder for them to hire more workers.

http://blogs.ajc.com...omy-government/

[zartan]

Translation = they want shit

[Hothotz]

I already talked about this same thing a couple weeks ago. I had the opportunity to expand my stores down near the Georgia / Florida line. I passed it up because I didn't want to risk what I have already built. As far as hiring goes, I will maintain my current staff. When someone quits I will find someone else but I don't plan on doing any kind of expanding in the for-see-able future.

[nova]

zartan, on 17 January 2013 - 08:07 AM, said:

Translation = they want shit

It must really suck seeing how ing terrible your favorite policies are.  Things aren't getting any better, in fact going forward they're going to get worse primarily because every single policy your side proposes is designed to make them worse.  Over the next year watch as GDP growth drops back down to the 1% range.

[zartan]

nova, on 17 January 2013 - 09:26 AM, said:

It must really suck seeing how ing terrible your favorite policies are.  Things aren't getting any better, in fact going forward they're going to get worse primarily because every single policy your side proposes is designed to make them worse.  Over the next year watch as GDP growth drops back down to the 1% range.

Are you kidding? I picture the mascara running down your face as you sob through the inauguration and I sleep like a baby

[nova]

zartan, on 17 January 2013 - 09:31 AM, said:

Are you kidding? I picture the mascara running down your face as you sob through the inauguration and I sleep like a baby

I know you wouldn't understand it if you looked it up, but there's a nifty little study from 2007, written by the ultra right-wingnut that just so happened to be the chairman of YOUR presidents council of economic advisors.  It says something very interesting.  For every 1 dollar in increased taxes, you drop GDP by 3 dollars.  1 to 3.  We just increased taxes by $60 billion a year so that translates into approx $180 billion in lost revenue.  GDP has only been growing at a little over 2% annualized ($280 billion) so basically you guys just more than halved our potential GDP growth for the foreseeable future.  Just dig the hole deeper my friend.

Oh oh oh, and here's another one.  That same study, shows that for every dollar of increased gov't spending, long term GDP growth is reduced by a dollar.  And oddly enough, every time we turn around you fools have found some other urgent thing that needs more spending.

We've got $50 to $100 trillion in outstanding liabilities that we couldn't pay even IF the economy got back on track and yet you fools refuse to even talk about making changes to the system that would fix it.

The federal reserve is running the printing presses non-stop, absolutely destroying the value of our currency.  They've expanded their balance sheet by more than in the entire 100 years of their history combined.  They've systematically painted us into a corner where we're rapidly approaching the choice between triggering a soveign debt crisis or triggering a currency crisis.  And they're doing it all to help prop up the bloated and bankrupt gov't that you support.

We the American people are leveraged up to our eyeballs.  Total debt in this country is 350% of GDP and instead of taking steps to faciliate deleveraging, where we can actually get back on track economically, your gov't is taking steps that encourage borrowing.  Normally when a bubble pops, total debt goes down.  Since 2008 our total debt has gone from 250% of GDP to $350% of GDP, 90% of GDP being in gov't debt.  We didn't have debt loads this high in the 20s just prior to the great depression, they topped out at about 200%.

Pretty much everything you people are fighting for is designed to make the impact from the collapsing house of cards hurt just as much as possible.  And what's worse is you lapdogs don't even pretend to understand what's going on.  You blindly follow along with whatever those morons say because they promise to "help the little guy" all the while they're ing you in the ear.

Edited by nova, 17 January 2013 - 09:44 AM.

[GoldenRebel]

Businesses cant gain confidence because of Obama. Economy can't rise because businesses have no confidence.

[zartan]

Blah blah blah study I pulled out of my ass blah blah blah.

You want to return to and reinforce the 2000-08 playbook of trickle down and wholesale rape of the populace by Healthcare providers.

You cry tears of blood about welfare but you want us to grease the rich until their profit margins are exceeded with no real guarantee to hire anybody or make any loans.

You lost. Again, Go get a Kleenex and nut up

[nova]

zartan, on 17 January 2013 - 09:56 AM, said:

Blah blah blah study I pulled out of my ass blah blah blah.

You want to return to and reinforce the 2000-08 playbook of trickle down and wholesale rape of the populace by Healthcare providers.

You cry tears of blood about welfare but you want us to grease the rich until their profit margins are exceeded with no real guarantee to hire anybody or make any loans.

You lost. Again, Go get a Kleenex and nut up

You could just admit to being ignorant and leave it at that but I guess that's too hard.  Here I'll even supply the paper so you can read it yourself.

http://elsa.berkeley...merDraft307.pdf

Here's a money quote from the abstract for you...

Quote

The resulting estimates indicate that tax increases are highly contractionary. The effects are strongly significant, highly robust, and much larger than those obtained using broader measures of tax changes. The large effect stems in considerable part from a powerful negative effect of tax increases on investment.

If you don't take the time to educate yourself, you deserve every single bit of misery heaped on your head.

[zartan]

nova, you do know that me finding a study to contradict yours would take a bat of an eyelash, right?

A majority of people support in this country accept raising taxes on the wealthy. Accept democratic decisions or emigrate

[nova]

zartan, on 17 January 2013 - 10:19 AM, said:

nova, you do know that me finding a study to contradict yours would take a bat of an eyelash, right?

And yet here you sit still running your mouth out of ignorance.  That study I just posted is widely considered to be the best available.  If you think you can find something more recent and widely accepted, take off brother.  Go have fun.  Till then STFU.

zartan, on 17 January 2013 - 10:19 AM, said:

A majority of people support in this country accept raising taxes on the wealthy. Accept democratic decisions or emigrate

And by the avialable, the majority supprt making their lives more economically miserable.  Votes on economic suitability mean about as much as taking a vote to determine the sex of a kitten, the outcome can be anything but it doesn't change reality.

Yet again, if this the deep dark hole they want to go down, then so be it.  But the gravy train is gonna come to end sooner or later...

[nova]

zartan, on 17 January 2013 - 10:19 AM, said:

nova, you do know that me finding a study to contradict yours would take a bat of an eyelash, right?

And yet here you sit still running your mouth out of ignorance.  That study I just posted is widely considered to be the best available.  If you think you can find something more recent and widely accepted, take off brother.  Go have fun.  Till then STFU.

zartan, on 17 January 2013 - 10:19 AM, said:

A majority of people support in this country accept raising taxes on the wealthy. Accept democratic decisions or emigrate

And by the avialable evidence, the majority supprt making their lives more economically miserable.  Votes on economic suitability mean about as much as taking a vote to determine the sex of a kitten, the outcome can be anything but it doesn't change reality.

Yet again, if this the deep dark hole they want to go down, then so be it.  But the gravy train is gonna come to end sooner or later...

[zartan]

nova, on 17 January 2013 - 10:26 AM, said:

And yet here you sit still running your mouth out of ignorance.  That study I just posted is widely considered to be the best available.

Bwahahaha. By who? Your treehouse Obama hater's club?

[GoldenRebel]

My goal in life is not to the wealthy.  Sorry.  I shouldn't be penalized for working my ass off and earning more than the lazy folks.  Until we stop aiding every request the shit of America has, we will fail as a country

[zartan]

GoldenRebel, on 17 January 2013 - 10:31 AM, said:

My goal in life is not to the wealthy.  Sorry.  I shouldn't be penalized for working my ass off and earning more than the lazy folks.  Until we stop aiding every request the shit of America has, we will fail as a country

Yeah, the wealthy would never do anything like end overtime, outsource jobs, slash benefits. They should be the basis for all our decisions