What's the problem? All is well...
All is well...
Jim Clifton, Gallup CEO & Chairman,
IRS audit to begin 4..3..2..1
Beat me to it by 35 seconds!
IMO, the entrepreneurs are sitting tight until there is more certainty in the regulatory environment. Why would you risk a venture when you can’t even figure out how much Healthcare will cost you? What new EPA regulation might come down the pike and wreck your business. Etc.
Just this week Obama started attacking the last frontier - the internet.
Why try?
Success is punished.
Failure is rewarded.
Dope is legal.
....Not while Obama is in the White House.
I’m a whimp. I’ve thought about starting a new business, but it’s just not worth the hoops one has to jump through and then going into partnership with federal, state, county and city governments like a small business in little italy is partner with the mafia, whether he wants to or not.
It’s just not worth all the regulations. Seriously.
Gray markets are exploding in the US.
And Greece, of course.
Where has Mr Clifton been for the last few years? Seems he’s a hermit just emerging from his cave. Guess its better late than never...
That will require shifting money and power away from government. Odds?
You might say, "Well, I see a lot of entrepreneurial activity in the country." Yes, that's true, but entrepreneurship is now in decline for the first time since the U.S. government started measuring it.
I don't see much intelligent entrepreneurial activity. Smart people are staying on the sidelines - dumb people are jumping in with both feet, and becoming sheep to be sheared by bankers and landlords.
What could have happened in the past six years to have killed all those small businesses....hmmm? Sadly, many of the employees displaced have not been able to find another job, thus joining the millions who have “left the workforce” according to the lying Labor Dept.
Next he'll be saying that emperor 0bama has no clothes! Blasphemy!
/sarc
I'm glad SOMEONE finally stated the obvious!
U.S. Retail Sales Reflect Consumer Caution Despite Lower Gas Prices
http://www.wsj.com/articles/u-s-retail-sales-fall-0-9-in-december-1421242433
But the government is doing better than ever and Obama is living like an emperor, so to all the crooks in DC, the economy is doing great.
The above board markets are dying, or more likely, being killed off by bureaucrats, lawyers, and good old fascism.
The under the table, gray, and black markets on the other hand, are literally exploding.
Why go through all of the trouble and bureaucratic red tape to set up a “legitimate” business, and get attacked and bled dry before I can make widget #1, when I can make said widget in my garage and sell it for cash, without any hassle.
And people wonder why all of our manufactured goods come from china and the third world.
Kind of like how “the homeless” suddenly reappear when a Republican President takes office and then suddenly disaster when a Democrat takes office.
Or how the war in Iraq was a huge issue media full court push when Bush was in office but completely disappeared off the radar screen when Obama took office.
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.
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.
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?
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.