“In order to ensure that today’s tentative recovery becomes a lasting expansion, the government must now make it a priority to deal with employment — particularly among small businesses,” economist Mark Zandi wrote in a New York Times commentary. He noted that businesses with fewer than 20 employees generated 40 percent of the job growth in the last economic expansion. Zandi recommends that policymakers empower the Small Business Administration to provide more credit, extend provisions in the current stimulus bill that allow money-losing firms to receive refunds of taxes paid on profits earned in previous years, and promote work-share programs.
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Small business is the foundation of our country’s economy. It’s where the entrepreneurial spirit exists. We are providing giant tax breaks and other supports to big business, when we should focus on providing support and incentives where innovation and job creation really start.
Yeah?
Do you eat at a franchise restaurant or a mom & pop cafe?
I drive miles out of my way, past a Walmart, to shop at a locally-owned grocery store.
I love those new Sharpie retractable pens! I pay about a dime a dozen more for ‘em at the locally-owned office supply store.
The food’s better at the family-owned Mexican restaurant than Taco Bell.
CONs emote with rapture about the power of small businesses. But in real life they tend to eat at Applebee’s, shop at Walmart, and drink cola water instead of out of the tap.
From the Op-Ed:
“It is no accident that the recession ended just as Washington’s fiscal stimulus program began providing its maximum impetus to the economy. If the financial crisis had been allowed to continue unchecked by aggressive government action, we would not yet have reached a turning point.”
The tracker I found at Propublica shows today that only 36% of the stimulus package has either been spent or is in the process of being spent. The data required to say “recession over” lags behind so much that likely less than about 20% of the stimulus money was out of the hands of the money-changers in government at the time.
Hence I find little in the Op-Ed that has any kind of value. Looks like the NY Times is just cheer-leading for government spending and intervention yet again.
CONs emote with rapture about the power of small businesses. But in real life they tend to eat at Applebee’s, shop at Walmart, and drink cola water instead of out of the tap.
————–
Gosh did nayone else know about Monkey’s omnipresence? He sees you when your sleeping, he knows when you’re awake and where you’re eating. (Better eat those veggies) He knows where you’re shopping and what you drink. Monkey doesn’t just dream of being governor, he wants the Santa Claus gig.
It is true that it is small business that employs the majority of people as a whole.
But all business depends on one factor…. Demand for their service or products.
There is only one way to increase small business and that is to extend the demand.
Not a easy thing to do and very few are large enough to effect the national demand.
The true gage of a recovery is not the demand on large business or the stock market.
It is the fast food market and those who depend on it for their business.
If the local planned Mc Donald or other fast food restaurant to be build is now on hold or forgotten.
The economy is not truly recovering, the over all employment is not either as these restaurants are the main services of the worker and their family. If you can not afford to eat at the fast food place you can not afford to do anything else that will help the economy.
“outlander” reads my inner thoughts –
“Monkey doesn’t just dream of being governor, he wants the Santa Claus gig.”
Wouldn’t work out.
I grew a beard a while back and didn’t like it all that much. And I prefer kitties over reindeer and that sled’s gonna go nowhere.
Further, I am not now — nor have I ever been — a candidate for Governor of the great State of Kansas.
So…
Do you have any comments relating to, y’know, this thread’s topic?
I thought not.
My, my, someone is having delusions of grandure this morining.