Over-regulation is the phrase. Son started mold polishing business in 2005 at a lot of expense on equipment and supplies but by 2008 had hired three people all at $24 an hour and was making a good living. Then 2010 hit with new regulations on taxes of the costs of waste materials that had to be shipped to a disposal site, $12 a 55 gallon drum to $115 and taxes on a new supplies per barrel went up 6 1/2 times of what it had been. At 35 55 gallon drums a month that pretty much folded the company just with tax increases.
This government cares nothing as long as they get their cut, it forces small business to either cut people, lay off or go out of business. My son sold his business which was resold and resold and finally the whole thing went overseas.
ginnyt wrote:
One has to understand Small Business is largely responsible for providing jobs to those American workers who consider themselves to be The Average American. This is significant, because the same people who vote for Obama are also voting against small business.
Democrats would have you believe that all Republicans are rich people who made their money off the backs of the less fortunate. But the truth is that most Republicans are small business owners and their non union employees. These people, employers and employees, keep their noses to the grindstone, have next to no political voice, and have no desire to be singled out. They simply want to be allowed to work and allowed to achieve. Small business owners do not seek subsidies. Instead, they claim that over-regulation is strangling their businesses, and this a major factor in the creation of, or lack of, small business. For example small medical practices are struggling with Health Information Systems. The regulation demands that all private medical practices utilize health information systems by 2015. This regulation is just one more financial hurdle required in order to set up a private medical practice. The result is that small, private practices are no longer being created. This is one of many examples of regulation strangling small business.
A Democrat generally believes that to stimulate the economy, more capital must be put in the hands of the consumer. The belief is that the consumer will go out and spend more, which is supposed to increase retail sales. Increased retail sales, in turn, increases orders going to factories. The factories will then hire more people, and so on. Hence, any program that puts money in the hands of the unemployed and low income citizens is, in the opinion of the Democrats, good for the economy.
Putting money into the hands of the unemployed can be good if the purpose is to sustain that person between jobs. However, what if the unemployed do not mind being unemployed? What if an unemployed person views this unemployment money received as a convenient, paid vacation?
Manufacturing, home builders, retailers, and such claim that they do not have enough qualified applicants to fill jobs. So, has the Democrat's ideas worked for the past 5 years? Or have some people grown so accustomed to being paid for doing nothing that they would rather tax payers support them, their habits, and their ever increasing broods of children?
One has to understand Small Business is largely re... (
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