"How many entrepreneurs can government create?" 0 The two biggest obstacles to most people venturing on their own (including me) are taxes and health insurance.
"Americans sense the importance of smaller firms, especially start-ups. In a Zogby poll last week, 63 percent of those sampled said they thought small business owners and entrepreneurs would lead us out of our current economic difficulties, compared to 31 percent who expressed confidence in our government leaders to find the answers to our economic problems, and 21 percent who thought executives of big businesses would show us the way to a new economic future."
Yes, Americans sense the importance of small business and entrepreneurship, but sadly, the government does not. There are too many stifling regulations, taxes, and other obstacles like health insurance being melded into the ball-and-chain on the leg of the small business owner.
Obama had a great opportunity to help America solve the economic crisis, keep people in their homes, keep people employed, and help small businesses thrive. But he chose partisan politics and assuaging the "spend, spend, spend" Democrats instead. The Obama Stimulus Package was quickly turned into the Pelosi Porkulus Package and America loses.
MrBuzz: I am very interested in Blackstone Group right now. They are making some good moves. Steve S is almost as sharp as Pete P, almost ...hehe
42 minutes ago
Keith Schaefer: US oil demand in October was slightly less than estimated and down ~5% from a year ago as economic recovery remained uneven-US gov't
about 3 hours ago
The EconomicJoker: I would not take seriously this holiday season jobs data which can be distorted by seasonal factors and poor reporting - Steven Hansen
This news story has 3 comments:
"Americans sense the importance of smaller firms, especially start-ups. In a Zogby poll last week, 63 percent of those sampled said they thought small business owners and entrepreneurs would lead us out of our current economic difficulties, compared to 31 percent who expressed confidence in our government leaders to find the answers to our economic problems, and 21 percent who thought executives of big businesses would show us the way to a new economic future."
Yes, Americans sense the importance of small business and entrepreneurship, but sadly, the government does not. There are too many stifling regulations, taxes, and other obstacles like health insurance being melded into the ball-and-chain on the leg of the small business owner.
Obama had a great opportunity to help America solve the economic crisis, keep people in their homes, keep people employed, and help small businesses thrive. But he chose partisan politics and assuaging the "spend, spend, spend" Democrats instead. The Obama Stimulus Package was quickly turned into the Pelosi Porkulus Package and America loses.
Obama, You Can't Dismiss This Market - By Jim Cramer
www.thestreet.com/p/_h...