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60% of small firms: Obama doesn't understand us
by macrol
-1 Reply

Boy, what an understatement ! Repubs begged O to get big tax breaks out to small bus so they could create jobs. O funded more big gov instead. We all see how many jobs that created.

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Re: 60% of small firms: Obama doesn't understand us
by itspattee

Business only creates jobs when they have customers. No business hires workers just because they got a tax break...they have to need them.

Re: 60% of small firms: Obama doesn't understand us
by Mars07

AND DO YOU THINK MCCAIN WOULD DO ANY BETTER

Re: 60% of small firms: Obama doesn't understand us
by itspattee
Mars07:

AND DO YOU THINK MCCAIN WOULD DO ANY BETTER

I think what macrol and Worldly are saying is that they would do better.

Community Organizer School..
by WorldlyMrB
Only teaches how to shake down businesses.
A specific tax break for small bidness, would be
by spreadsheet

unlikely to affect the unemployment rate unless it was specifically targetted to hiring. Something tells me that macrol would have a shit-fit, if someone suggested such a thing.

Small bidness owners are hurting, just like everyone else. Absent a specific target, they would be more likely to simply pocket whatever tax break they were extended. And hey...I wouldn't blame 'em if they did exactly that. After all...they've got bills to pay on their own homefronts. Still though.....handing out cash to them, wouldn't represent a very efficient stimulus.

Re: 60% of small firms: Obama doesn't understand us
by julieboomer

72% of them want the public option.

But Mark Bazrod, owner of LPI Software Funding Group in Wayne, Pa., said the banking bailout was necessary, even though he thinks banks created many of their own problems. Unlike many small business owners, he is more hopeful about the economy now that Obama is president.

“I’m much more optimistic about the economy because I think he’s a smart guy, and he’s approaching the problem in a systematic fashion,” said Bazrod, whose firm leases software to businesses.

Bazrod also gives Obama credit for reaching out to small businesses to try to understand their needs.

The majority of small bidnesses don't pay any
by spreadsheet

sort of specific federal bidness taxes. We can argue over whether that's a good thing or a bad thing. IMHO, it's not bad, in and of itself.

Anyway....since the majority don't pay federal taxes, we would be shall we say.....naive, to expect that cutting what they aren't currently paying, would have any stimulus effect.

simply pocket?
by WorldlyMrB

When the small business man pockets more of his money, does it just sit in his pocket?

Or does he save it in a bank, or invest it in stocks which provides capital for other business? Maybe he saves it so he can buy new machinery, or a new line in his business? Either way, whatever the businessman does with his money is a thousand times more productive than what a former community organizer from south Chicago will do with it.

Re: simply pocket?
by Italia

WorldlyMrB:

When the small business man pockets more of his money, does it just sit in his pocket?

Or does he save it in a bank, or invest it in stocks which provides capital for other business? Maybe he saves it so he can buy new machinery, or a new line in his business? Either way, whatever the businessman does with his money is a thousand times more productive than what a former community organizer from south Chicago will do with it.

Probably take a vacation in Europe.


For the record, my "simply pocket" was not penned
by spreadsheet

in the pejorative, as my qualification that I would understand if the small bidnessman did so, should've made plain.

I was simply suggesting that reason doesn't support macrol's link between taxcuts for small bidness, and unemployment.... unless....you're satisfied with Worldly's ultra-simple "CATO" argument, that any and all capital in private hands, ALWAYS has more potential than any and all capital in society's hands.

But then...I thought maybe the collapse of Georgie/CATOnomics opened our eyes a tad, to that useless simplitude.

Re: For the record, my "simply pocket" was not penned
by WorldlyMrB

I'll prove people spending their own money is more efficient than that of the society.

Give me YOUR money, and I will spend it for you per the democracy of the Slate Today's Paper Society.

If your theory is correct that society is more efficient, than you shouldn't have any hestitation of putting your money where your mouth is.

But Worldly, I didn't suggest that
by spreadsheet

societal investment was necessarily more efficient than private spending. I was poking fun at your moronic, absolutist, now-debunked "feeling" that private investment is always and necessarily more efficient than societal investment.

The fact that I dispute your failed argument, doesn't mean that I've adopted the opposite argument. In fact I've been arguing all along, for a more rational analysis of specific societal vs. private investment.

Re: For the record, my "simply pocket" was not penned
by Crossbow
WorldlyMrB:

I'll prove people spending their own money is more efficient than that of the society.

Give me YOUR money, and I will spend it for you per the democracy of the Slate Today's Paper Society.

If your theory is correct that society is more efficient, than you shouldn't have any hestitation of putting your money where your mouth is.

Well, I cannot speak for anyone else, of course, but I have often found 'WorldlyMrB' to be nothing more than a stupid idiot. Therefore, I do hope that no one ever trusts him with their money.

I own a small software bus & pay a sh..t pot of fed taxes
by macrol
You'd do well to ask small bus owners themselves, something Obama has also apparently neglected to do .
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