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Gallup CEO Blasts US Leadership "The Economy Is Not Coming Back"
Zero Hedge ^ | 01/14/2015 | Jim Clifton, Gallup CEO & Chairman,

Posted on 01/14/2015 10:57:08 AM PST by SeekAndFind

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To: SeekAndFind

Looks like deflation won.

I was considering a career move, but I am much more hesitant now. With the business and commodity implosion going on, even a bad job is better than no job.


41 posted on 01/14/2015 11:49:38 AM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: redgolum

When are the grocery stores going to read the memo about deflation?


42 posted on 01/14/2015 11:50:49 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: sarge83

Yeah..


43 posted on 01/14/2015 11:58:23 AM PST by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: cuban leaf
If you can avoid hiring employess (use people who are self employed and contract their services) it will be a lot easier on you.

One plus...if you are self employed you can deduct your health insurance premiums. Good luck.

44 posted on 01/14/2015 11:58:44 AM PST by what's up
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To: VanDeKoik
Make sure you grab you complementary Kool-aid by the exit, citizen! And have a very Obama day!

May the future not belong to those who slander the name of the prophet Mohammad! A very Obama day to you too.

45 posted on 01/14/2015 12:02:11 PM PST by uncitizen (When's the last time you heard: "It's a free country"?)
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To: central_va

They are starting to. Trouble is they have large inventory of goods bought at the high point that they have to move first.


46 posted on 01/14/2015 12:02:51 PM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: cuban leaf

Yeah, that last bit is what killed that Tex/Mex place down on the Louisville waterfront: the owners were paying a % of gross to the landlord.

As to your place, keep in mind also that beyond the paperwork hassle, if you were to rent it out for weddings you’d have to open it up to ALL weddings. If you chose to turn certain couples away you’d then be open to financial destruction via lawsuit.

The truth is that the US is no longer truly a free market, Capitalist economy. We’re Corporatist. Small players, which used to be the engine of growth, can’t meet the burden. Massive corporations, which can afford the overhead of admnistrative staff to handle paperwork and compliance issues, can.

I’ve been asked why I’m content with a cushy desk job that pays moderately well. My response is that running my own business would be miserable; that rather than dedicate my time to managing and growing the business (which I’d love) I’d have to focus way too much on the regulatory compliance side. So rather than being a jobs producer I’m a job-holder.


47 posted on 01/14/2015 12:06:48 PM PST by tanknetter
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To: SeekAndFind
Why would anyone start a business now in the USA.

Every time Congress is in session they come up with more rules and regs that businesses must adhere to. Now it is mandatory to pay for insurance soon it will be mandatory to grant vacation time for sex change operations and provide special restrooms for transgenders and I am sure before long there will be hiring quotas based on race and sexual orientation.

Hell I bet its near impossible to fire someone right now if they are gay or transgendered or some protected ethnic group no matter if they are caught red handed stealing money or goods from the business without some serious hush money involved.

Better to take you start up money and get a bit of interest or spend it on good property far away from the city and hunker down and hope that sanity comes back to America.

48 posted on 01/14/2015 12:08:30 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: tanknetter

In my case, I’ve just gone Galt and avoid all the hassles.

A side note. My wife and I talked about the idea of getting sued by sexual deviants. My idea was to have on the property in conspicuous places, bible verses about marriage, most prominent regarding “one man and one woman” and if they want to have their event there, that’s fine. But they can’t cover it up. Not permitted. And that right is definitely one protected by the first amendment.


49 posted on 01/14/2015 12:29:28 PM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: sarge83
He used to be white...


50 posted on 01/14/2015 12:32:36 PM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: SeekAndFind

I’m sure the Regime will take action on this immediately! By changing the definitions to make it look better, inserting bogus data and harassing those who are telling the truth. Unemployment, inflation and GDP growth numbers are already cooked . What else would one expect from liars and thieves?


51 posted on 01/14/2015 12:57:40 PM PST by Nateman (If liberals are not screaming you are doing it wrong!)
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To: cuban leaf

LOL!


52 posted on 01/14/2015 2:05:58 PM PST by sarge83
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To: tcrlaf
ALL OF IT is being fueled by cheap money and cheap credit, not economic growth, while average wages continue to fall.

There is a lot of "big" money sloshing around trying to find a home. I live in a Big 10 college town and big apartment building projects have been relentless for several years now. The local paper just had an article about how Chinese money will be funding a fairly big new project. The first thing that crossed my mind is whether they are going to be empty like many of the ones in China. My take is that the build out has reached peak madness.

53 posted on 01/14/2015 2:40:50 PM PST by EVO X
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To: cuban leaf

Until we change leadership in Washington, the U.S. will continue to decline in its ranking in the world economy arena.


54 posted on 01/14/2015 2:56:01 PM PST by DaveA37
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To: cuban leaf

Until we change leadership in Washington, the U.S. will continue to decline in its ranking in the world economy arena.


55 posted on 01/14/2015 2:56:01 PM PST by DaveA37
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To: SeekAndFind

Older people are retiring and closing their small businesses.

Young people are not starting small businesses at the rate of previous generations.

Public schools have killed the entrepreneurial spirit in many of the young, and replaced it with a “Gibsmedat, Uncle Sugar” mentality.


56 posted on 01/14/2015 7:43:57 PM PST by ChicagahAl (Don't blame me. I voted for Sarah.)
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To: tcrlaf
Flights are “Full” because there are far fewer seats available today,

Flying is so different now. Just a few years ago you could get on a plane and there would be some empty seats. Now it is rare to have a half filled plane. It's unusual to see any empty seats.

57 posted on 01/14/2015 7:57:23 PM PST by ladyjane
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To: IamConservative
It's about taxes too. America alone taxes investment money as income. That single thing kills startups in the cradle. I see startups continuing to be born but only in other countries. People are figuring the cost of business in the US and they're voting with their feet. Americans are starting businesses in Ireland and Singapore at an increasing rate. Those countries (among many) don't care where you're from.

BTW the stupid American public is complicit in this, they love taxes on business.

58 posted on 01/15/2015 4:41:26 AM PST by Varda
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