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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

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.


21 posted on 01/14/2015 11:17:22 AM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: SeekAndFind
 photo copilot.jpeg

 photo Stooges.jpeg

22 posted on 01/14/2015 11:18:20 AM PST by gorush (History repeats itself because human nature is static)
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To: SeekAndFind

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...


23 posted on 01/14/2015 11:18:26 AM PST by 556x45
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To: VanDeKoik

Professor Zellaby: “ I must think of a brick wall. A brick wall. It’s half past eight. A brick wall. I must think of a brick wall. OK, I’ll think of beer for just a moment. Back to a brick wall. Almost time, almost 8:45. A brick wall. Must think of a brick wall. And a Slim Jim. And a brick wall. Must think only of a brick wall.”


24 posted on 01/14/2015 11:19:15 AM PST by tumblindice (America's founding fathers: all armed conservatives.)
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To: SeekAndFind
Let's get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses.

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.

25 posted on 01/14/2015 11:20:20 AM PST by Mr. Jeeves (Heteropatriarchal Capitalist)
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To: VanDeKoik

Ah yes, a public service announcement from the mainstream media.


26 posted on 01/14/2015 11:20:36 AM PST by KC_Conspirator
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To: Kartographer

Hey, when people now have to work two jobs to earn what they used to with one, there are going to be more cars on the road. ;-)


27 posted on 01/14/2015 11:20:50 AM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: 556x45

Probably seeing the beginnings of a narrative shift so when repubs win the white house, all we will hear for the next 4-8 years is how the economy sucks.


28 posted on 01/14/2015 11:21:03 AM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: SeekAndFind

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.


29 posted on 01/14/2015 11:23:49 AM PST by txrefugee
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To: SeekAndFind
"The Economy Is Not Coming Back"

Next he'll be saying that emperor 0bama has no clothes! Blasphemy!
/sarc

I'm glad SOMEONE finally stated the obvious!

30 posted on 01/14/2015 11:25:17 AM PST by The Sons of Liberty (OK. Now How many votes do we need to IMPEACH and REMOVE the bastard?)
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To: VanDeKoik

Grape! My favorite.


31 posted on 01/14/2015 11:25:24 AM PST by deadrock (I is someone else.)
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To: SeekAndFind

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


32 posted on 01/14/2015 11:25:55 AM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: cuban leaf

You’re not a wimp (or a whimp, either.)

The costs and risks of starting and sustaining a new business in the US have never been higher. The returns on doing so (after taxes, administrative overhead, fees, etc) never lower. There no incentive to jump in, or do better. There’s much disincentive for doing so.

This is what Going Galt looks like.


33 posted on 01/14/2015 11:28:22 AM PST by tanknetter
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To: SeekAndFind

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.


34 posted on 01/14/2015 11:30:29 AM PST by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: VanDeKoik

Village Of The Damned

35 posted on 01/14/2015 11:31:57 AM PST by blam (Jeff Sessions For President)
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To: Kartographer

“Face tcrlaf you just don’t get out much either. ;-)”

I work in the airline business...
I could write a treatise on what has happened to the Airline Industry in the 20 years since Clinton’s “Airline Safety Act”.

Dayton, as just one example, had 10 branded airlines in 1995, today there are just 4. (USAIR/American count as just one, now)


36 posted on 01/14/2015 11:34:37 AM PST by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tanknetter

Interesting.

We had a friend’s wedding on our place a few months ago. Every wedding professional involved told us we were sitting on a wedding gold mine with our location. We got really excited until we started looking into regs, insurance, etc.

Heck, this is even in Rural KY where you don’t even need a permit to build a house.

I used to be a commercial real estate agent in the early 1980’s. I was appalled at the lease agreements for shopping malls. You don’t pay rent. You open your books to the mall owners and pay them a percentage.

That is, unless you want to find a horsehead in your bed (IYGMD)


37 posted on 01/14/2015 11:38:02 AM PST by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: SeekAndFind

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.


38 posted on 01/14/2015 11:40:14 AM PST by factoryrat (We are the producers, the creators. Grow it, mine it, build it.)
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To: stephenjohnbanker

Save us, guide us Obama, ah I mean Landrew...


39 posted on 01/14/2015 11:48:44 AM PST by sarge83
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To: SeekAndFind
Amazing how this suddenly, by some miracle, the media now starts publicizing how politicians are responsible for poor economic performance about a week after Republicans take control of both the House and Senate after completely ignoring Harry Reid's active driving the economy into the ground and doing everything it can to cover and apologize for the Democrats economic mismanagement of the country.

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.

40 posted on 01/14/2015 11:49:18 AM PST by rdcbn
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