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Gary great question. There is alot of risk with hiring new employees so like anything you have to weigh the risk. Kind of like trading you could increase your bottom line but to do so you must take on more risk. I am at point where I would actually like to hire and could but the risks are to great so instead I just double up and do certain things myself etc... Tax Breaks would reduce that risk and give me extra funds to hire, better economy would reduce that risk, less feeling that government is out to bleed the small business owner dry would reduce that risk.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Can you help answer these questions from other members on NexusFi?
Lets use Greece. They were all about the masses living in the middle class via government redistribution. Now you have burning cars in the streets. Works great.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
The business environment (which is often driven by business cycles) is the high impact items.. tax advantages and having some additional expenses for healthcare is a lower impact item.. not saying it has no impact especially during recessionary times, but lower impact than business landscape and revenue.. There are lots of ways creative ways to increase revenues.. what type of business are you in? Obama's business policies should not impact businesses under 25 employees..
What drives business is demand, not from the wealthy due to their tax saving but from the mass having excess to spend..
From the President's perspective, high priority is the interests of the mass, though not only their immediate need but also investing for the future for the "welfare" (excuse the pun...ha) of the majority and that's what Obama is aiming to do.. We may disagree that he will achieve the desired impact and there are no strong historical references except for Greece which is an extreme example during a recession..
Remember, governments like the US has always operated with a deficit during bad times only to pay it back during good times.. Its how governments operate..
The left deserves another 4 yrs.
Let them try and dig us out of bankruptcy after maxing out the credit card, mortgaging the house, and spending
like there's no tomorrow. Otherwise no one will learn anything and guess who will get blamed for the next collapse?
Once you give, its hard to take away and there needs to be a balance.. I think Europe has gone too far with it and the mother has spoiled her child as seen by the recent tantrums and protests..
However, the US is not in that situation.. We don't take 2 month vacations and all that stuff but we do have a broken healthcare system.. The current solution is to continue to use the emergency room.. Should we leave it as it is or at least try something to fix it.. I don't think anyone should point the finger unless they have a better solution than the one proposed..
Greece entered the EU because Goldman Sachs helped them hide the real amount of debt they were carrying so it looked like they were complying with the Maastricht Treaty.
So you had crooked politicians wanting power, enabled by crooked financing.
BTW - the guy at GS at the time is now head of ECB. Coincidence of course.
@Jedi his policies will and have affected business with under 25 employees.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Demand comes from those who have a job, not an unemplyment/disability/foodstamp check backed by recently printed paper. Gov't makes those jobs harder and harder everyday to create on the private side.
"Investing in the future" sounds great...to college kids, as if the money grows on trees. But hey,
"Its how governments operate.. " This is classic Keynes/Krugman.
