These folks will lay someone off and work more hours themselves.
I suspect they`re holding of until after the election next year. They`re way too spooked by 0bama`s regime to take a lot of risks right now.
I think it’s fair, at this point, to say that the GOP is contributing to the uncertainty.
If the House had defunded Obamacare, that would have restored some confidence in the small business sector. But they haven’t. In fact, they haven’t acted in any concrete way to indicate that they’re serious about reigning in the executive branch.
I sold my business and retired in 1999. I have many friends who are small business owners. We communicate via email and phone. No one has any plans to hire or expand right now, solely due to uncertainty about the financial future. They are unwilling to bet the farm on a bunch of stuff and nonsense from nobama. Who can blame them?
Everyone is pretty much hunkered doing whatever they can to keep their nose above water. For some, unfortunately, it is a losing battle.
One of my friends recently said, echoing Kermit, “It’s not easy being a small business entrepreneur with nobama in the White House.”
Here’s a great speech by Cong. Mike Kelly-PA addressing exactly this issue.
http://www.youtube.com/watch?v=CEArFmRDtrw
IMO, there is a capital strike going on as a passive aggressive maneuver to destroy Obama’s chances at re-election. Small businesses and consumers are not growing or spending money so the economy is stagnant - on purpose. It doesn’t help that higher gas and food prices are cutting into household discretionary spending, but even before those necessities started to go up, people were tight fisted.
If a Republican gets elected president, I’ll bet we’ll have economic growth which will be off the charts. Businesses and people who have been holding back will cut loose - cars, houses, hiring, TV’s, vacations will all see huge increases.
FOXNEWS reporting what has already been established oh about a YEAR AGO! =.=
While pundits, lawmakers and economists may disagree about how to resolve those weighty problems, there is general agreement that coming to some kind of resolution will allow small businesses now waiting on the sidelines to restart hiring and investing.