Blame me for job losses (a businessman explains why businesses don't want to hire today)

American Thinker ^ | Dec 11,2008 | C. Edmund Wright

[norton]

"Our potential new customer base?
The third world. "

You sell bombs?

[rbg81]

And I should also add that there are LOTS of benefits to business ownership. Its not a one way street where business just gives to the Government. Lots of businesses, especially small ones, get lots back in terms of tax breaks, credits, low interest loans, etc. Most states do a lot to encourage small business.

And, business owners make both salary and profits. Its also nice to be the one in charge. It it extra work and more responsibility—sure. But if you don’t like it, do something else.

[null and void]

I have already laid out a plan to adapt to the probable cost increases coming down the pipe...and it WILL involve firing some employees.

Now would be a good time to observe who has 0bama stickers on their cars...

[Slings and Arrows]

Maybe I’ll go to law school and specialize in bankruptcy law. Looks like it’s going to be a growth industry.

[null and void]

No. Not a bad idea, though...

;^P

[trek]

"Hail to the King!!! King HUSSIEN that is....."

Unfair to the real King Hussein (of Jordan that is). He was not a bad guy and neither is is son.

[Nateman]

If antbody ever makes a “must read” ping list this thread is a great candidate for it.

[bigheadfred]

Stick with the biological weapons. Doing a booming business in Zimbabwe. Let ‘em blame it on the Brits. could be bloating on the largess. Not that is bugs me. Anyone for a slay ride? :-)

[Seaplaner]

And that is but one example of why the lay-offs of November 2008 - which will be part of George W. Bush's statistical record - fall in reality on the Obama election.

I recall a political ad in which Ron Howard was truly insulting of us who were "afraid" of "change".

Liberals and socialists just never see that once earnings are confiscated, there is no more incentive to earn another farthing.

.

[hamburglar]

>>>I am also a small business owner, and my partners and I have already laid out a plan to adapt to the probable cost increases coming down the pipe...and it WILL involve firing some employees.<<<<

As am I. We will cut staff by at least 10% , RAISE prices ,and cut costs in every way we can to survive.

[CRBDeuce]

Wow...So many conspiracies here, and so little time! First check for subliminal messages: “will be part of George W. Bush’s statistical record -” check! That shows the leaning of the authors, regardless of ‘conclusions’! Now for the omitted facts: The Pension Relief Act of 2006 is not mentioned in the article as a core basis for layoffs in the 4th quarter of 2008!!! On January 1, 2009, the Pension Relief Act of 2006 takes effect! The Law’s bottom line: 90% (or thereabouts) of Pension funds MUST be funded by that date for all employees! Lotsa ways to get to 90%! just layoff ‘til the math works! All part of the 2006 Democrat Congress ‘2008 Designer Recession’ to make sure the Dems stayed in power in 2008. Ever wonder why so many Dems were saying all year long that “We’re already in a recession”...and why they all to a man ‘shut-up’ after Nov. 4?...or why it all seemed to ‘come to a head’ on Oct. 1, 2008 when the stock market took the ‘swan dive’ that became the greatest crash since the Great Depression. Like many problems in today’s economy....just look to Congress for the answer...again!

[Albion Wilde]

Parliament of dunces ping! An excellent analysis of the current economic meltdown....

[cgbg]

Liberals and socialists just never see that once earnings are confiscated, there is no more incentive to earn another farthing.

Their "solution" is a one-world government so there is nowhere for the "rich" to flee to avoid taxes and regulation.

That is why socialists cannot be Patriots.

[ExTexasRedhead]

PING and share with your address book. Spread the truth.

[SeekAndFind]

As am I. We will cut staff by at least 10% , RAISE prices ,and cut costs in every way we can to survive.

Would it help businesses like yours if the government laid out the following policies :

*Businesses would be free to write off capital purchases as quickly as they – not the feds – deem economical.

*America frightens foreign capital by taxing it at the industrial world's second-highest corporate tax rate. At 40 percent (35 federal, plus 5 percent average state and local tax), only Japan's 40.7 percent combined rate is higher. To become competitive and attract investment, this tax should be no higher than the European Union's 23.2 percent average.

*How about a five-year emergency suspension of all capital-gains taxes?" suggests Club for Growth president Pat Toomey. "No one has any capital gains! What could the Fed's cap-gains haul possibly be this year – maybe $1.50? There is nothing to lose and much to gain if it would stimulate investment and maybe even help the market establish a bottom.

*Letting anyone granted a new patent enjoy the revenues it generates for, say, five years tax-free.

*Offer "Emerald Cards" to millionaires everywhere. Without closing the Golden Door to those less fortunate, these high-end Green Cards would go instantly to any successful, law-abiding immigrant who could deposit $1 million in a U.S. bank, open a business, and hire at least five employees.

Just some ideas I got from others which I would have proposed had I been a legislator.

[Albion Wilde]

First check for subliminal messages: “will be part of George W. Bush’s statistical record -” check! That shows the leaning of the authors, regardless of ‘conclusions’!

I respectfully disagree with your interpretation. He goes on to explain that it is really Obama's policies at fault.

Perhaps he should have used a semicolon instead of a period between these two thoughts. He is saying in so many words, "It may look like Bush's fault, and people will blame him; but it's really about Obama's socialist ideology."

[bitterohiogunclinger]

All I see are people suddenly being tapped on the shoulder and being asked to leave on the same day without the company being prosecuted at all.
As well as it should be. There’s no Constitutional requirement that employers provide lifetime employment, health insurance, minimum wages or any other benefits. The only thing an employer owes an employee is what the employee agreed to work for for work performed. Smart employers will reward valued employees to keep them, and smart employees will find ways to remain valued by their employers. Nobody owes you a living. The sooner everyone accepts that and gets over it the quicker we will get through what would be a minor downturn in the economy. The more the Government tries to fix things, the worse it will become, and the longer the misery will last.

[fatima]

My daughter was laid off yesterday.Everyone except 2 people got the axe.

[gibsosa]

YEP. Been saying for a long time, unions are nothing but legal La Cosa Nostra.

[joe fonebone]

"So, when a worker acrrues vacation, the business must put $$ away to cover it. If severance pay is owed, the business must put $$ away to cover it."
Hate to burst your bubble, but I have ridden 2 companies down, and was owed vacation pay, and expenses, and I was told, to quote, " Sorry pal, looks like you're f#@ked". It was it and that was that.