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Business Fears The Obama Cliff, Not the Fiscal Cliff
Investor's Business Daily ^ | 08/07/2012 | IBD Staff

Posted on 08/07/2012 5:41:56 AM PDT by IBD editorial writer

Economy: The New York Times says businesses are cutting back because of the "fiscal cliff" of spending cuts and tax hikes that'll kick in should Congress remain gridlocked. But what worries businesses more is the Obama Cliff.

(Excerpt) Read more at news.investors.com ...


TOPICS: Editorial; Government; News/Current Events; Politics/Elections
KEYWORDS: fiscalcliff; obama; regulation; taxes

1 posted on 08/07/2012 5:42:06 AM PDT by IBD editorial writer
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To: IBD editorial writer

If Obama wins in November, the economy will plunge into a real Depression. Patriot business owners must tell their employees that it is likely they will be laid off if that disaster occurs. That will give them something to consider before voting.


2 posted on 08/07/2012 5:48:14 AM PDT by txrefugee
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To: IBD editorial writer

My business is nearly dead in the water so to speak, and I have heard that most people wanting to buy concrete are just holding back until Obama is gone.

we are hoping that their will be a return to some normalcy when he is gone, people have adopted the Friday the 13th mentality, they are just holeing up with any disposable income or at home concrete projects.

I kid thee not people are actually waiting for him to disapear before they buy again.


3 posted on 08/07/2012 5:52:35 AM PDT by Eye of Unk (Going mobile, posts will be brief. No spellcheck for the grammar nazis.)
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To: Eye of Unk

It is not only businesses that are holding back on spending...people are also. nobama is a plague. nobama should be in prison.


4 posted on 08/07/2012 5:55:50 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: Eye of Unk

It is not only businesses that are holding back on spending...people are also. nobama is a plague. nobama should be in prison.


5 posted on 08/07/2012 5:56:08 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: txrefugee

That would be interesting to see. I wonder if the Obama DOJ would consider that an illegal action? Something along the lines of Bribery or threatening voter or some such nonsense.

On the other hand a simple notification on the bulletin board about the owner’s intentions vis a vis the election outcome might be sufficient. No threats just a statement of intent.


6 posted on 08/07/2012 5:57:59 AM PDT by The Working Man
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To: Eye of Unk

7 posted on 08/07/2012 5:58:15 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Travis McGee

Normally I have my day job this time of year driving a concrete mixer, that is almost completely shut down, people are buying concrete septic tanks though.

Instead I have been in the shop the last couple of months fabricating projects, last month a built a 10 yard dump truck out of an older truck and a dump box, and the last couple of weeks i have been building a swamp buggy, its based on an old GM 2 ton cabover single axel truck (removed the cab)with a 12” suspension lift over a pair of military axles and will have 55” tractor tires, a GM V6 4 cycle diesel and the cab will be a 1990 F35 quad cab.

I am fabbing the suspension torque arms right now, so the company is keeping me busy, but the purpose for the buggy?

To have access to a gold mining area in Alaska. If we cannot get business with the consumer we will do business with the earth.


8 posted on 08/07/2012 6:15:11 AM PDT by Eye of Unk (Going mobile, posts will be brief. No spellcheck for the grammar nazis.)
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To: IBD editorial writer

The article nails it. My wife and I want to open a retail place in the small town we live in, but I look at the future we face (especially with an Obama re-election) and there is NO WAY I would risk it.


9 posted on 08/07/2012 6:23:17 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: The Working Man
On the other hand a simple notification on the bulletin board about the owner’s intentions vis a vis the election outcome might be sufficient. No threats just a statement of intent.

Never, ever put anything political in writing 'as the business.' Win/Lose you become a target of fascist liberalism.

10 posted on 08/07/2012 6:28:54 AM PDT by EBH (Obama took away your American Dreams and replaced them with "Dreams from My (his) Father".)
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To: Eye of Unk
I am noticing a huge surge in real estate sales. Most are cash and by people moving from California to Oregon for acreage or don't trust the stock market and are pulling it and investing in land here.

Maybe there is a sense of securing somewhere safe out of the cities before the shtf.

11 posted on 08/07/2012 6:32:51 AM PDT by thirst4truth (www.Believer.com)
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To: cuban leaf

I opened my mircro-business in 2010. We’re up 40% over 2011. Yes, that is an increase you just read.

BUT...I need to hire. NEED to hire and keep shying away from it in leau of an 0bama re-election.

Ohio is doing very well under Kasich and colleagues in my tiny industry are claiming they had a Christmas July sales. We all think it was people taking/making that last hurrah as summer vacations going forward may not be so good. We have all found that people are very concerned over the economy, but are still taking that last great vacation or making trips across the country to see family they may not get to see in while. Gone are the postponing the trip because we’re too busy and here some are realizing it may be their last chance for a very long time.

This is what struck me in that 0bama speech when he told businesses we didn’t build that...it was he talked about the “little vacation,” and the “little American Dream.”

I am working most days from 5am until 11pm at night to avoid hiring. I am ‘dog tired’ as they say in my work. This morning as I showered I felt dizzy and physically exhausted. NEED help...but under 0bama how ...how do I make that happen.

Plus I heard discussion of a $10 minimum wage! I can’t pay that and all the other stuff that comes hiring someone.


12 posted on 08/07/2012 6:39:43 AM PDT by EBH (Obama took away your American Dreams and replaced them with "Dreams from My (his) Father".)
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To: txrefugee
If Obama wins in November the economy will be the least of your worries. The US will be on its way to a financial armageddon the likes of which have never been seen. What happens in the cities when those millions of EBT cards are no good? Are you scared yet?
13 posted on 08/07/2012 6:40:05 AM PDT by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, we'll just grow algae.)
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To: EBH

Personally, I think the minimum wage should be $100 an hour. Then everyone will be rich!

Look at the bright side: If the minimum wage is $10 it means we will be in serious inflation shortly after that. You can jack up your prices to match. ;-)

/s


14 posted on 08/07/2012 6:45:21 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: Eye of Unk

You are not the only one. My business will not survive four more years of Obama aka Thulsa Doom.

if romney loses by a small amount, even as sickening as he is, and the issue was the petulant 10/10 “dreamboat or nothing” crowd staying home, I will blame them for the misery we are forced to endure.


15 posted on 08/07/2012 6:50:38 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: IBD editorial writer

“...a political impasse in Washington is the biggest risk to the economy because it will result in huge tax hikes and spending cuts next year.”

Ya think??


16 posted on 08/07/2012 7:22:56 AM PDT by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: thirst4truth
Maybe there is a sense of securing somewhere safe out of the cities before the shtf.

That's exactly what I did in 2003. Own everything free and clear. Haven't looked back. Except to admire the pine forest I live in :)

17 posted on 08/07/2012 8:04:31 AM PDT by upchuck ("Definition of 'racist:' someone that is winning an argument with a liberal." ~ Peter Brimelow)
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To: txrefugee

“If Obama wins in November, the economy will plunge into a real Depression.”

The real unemployment rate today is 23% if we use the same statistical methodology as used during the depression. We are in a depession!!! If Obama wins re-election it will become the SECOND GREAT DEPRESSION.

The highest level of unemployment was 25% and averaged about 17% during the Great Depression.


18 posted on 08/07/2012 8:46:35 AM PDT by cpdiii (Deckhand, Roughneck, Mud Man, Geologist, Pilot, Pharmacist. THE CONSTITUTION IS WORTH DYING FOR!)
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To: IBD editorial writer
If we had any congress critters with actual functioning BALLS, the SOB would be in a jail cell by November!

I have a dream!

Photobucket

BE STILL MY HEART!
http://www.youtube.com/watch?v=p3q6d9J9H3Y&feature=share

19 posted on 08/07/2012 8:57:04 AM PDT by Dick Bachert
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To: EBH

Never, ever put anything political in writing ‘as the business.’ Win/Lose you become a target of fascist liberalism.


I can see your point. Perhaps a simple notice that looking at the upcoming economic indicators if the Current Occupant of the White House continues in that position mean that the XYZ business will have to close it’s doors and go out of business.

We are terribly sorry that this has come to pass but we just can’t continue to bleed red ink and it’s time now.

One way or another Businesses must let their employees and clientele know that there are consequences to their votes.


20 posted on 08/07/2012 9:13:38 AM PDT by The Working Man
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To: SMARTY

Boner will cave so there won’t be an “impasse”.


21 posted on 08/07/2012 12:21:42 PM PDT by Terry Mross (To my kin & former friends: Don't contact me if you still love obama- We got nothing to talk about)
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To: Eye of Unk

I nice thing about living where gold is in the dirt and the water. Always a “Plan B,” especially at 1,600/oz.


22 posted on 08/07/2012 3:06:16 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: IBD editorial writer

23 posted on 08/07/2012 4:49:13 PM PDT by 4Liberty (Some on our "roads & bridges"...go to the beach. Others to their offices, farms, labs & libraries...)
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To: Travis McGee

About the only really big hassle of living in Alaska is having to put up with the long winter, I swear I would just love to find a way to hibernate myself if it was medically possible, and its not a financial possibility of snowbirding to somewhere warmer either.

But there will always be food available even in the coldest part of winter, actually there are more moose at the lower elevations during the winter. They migrate all over my property. A single moose will feed my family a long long time. Great tasty ultra lean meat. Actually better than beef.


24 posted on 08/08/2012 5:58:02 AM PDT by Eye of Unk (Going mobile, posts will be brief. No spellcheck for the grammar nazis.)
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