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So Why No Economic Recovery? Avaricious Government and Hesitant Entrepreneurs.
The Federal Government’s wasteful spending, institutional meddling, and taxpayer plundering is giving us hesitant entrepreneurs. Robust job growth requires boldness and risk-taking in the private sector. What we have now is boldness and risk-taking in the public sector. It is loading as much debt onto the balance sheet as possible, and creating the [...]
Continue reading...Small Business Sentiment Slightly Up; However, Sales Volume and Profit Margins Stay Down
15. June 2010
A recent NFIB survey finds small business sentiment slightly improving, but also that most small businesses are losing sales and giving up profit margin to stay alive. U.S. small businesses are slightly more optimistic about their economic outlook than they have been in the last two years but are still not ready to expand [...]
Continue reading...What ObamaCare Means for Small Businesses
25. March 2010
It’s important to look past the minutiae of the bill, and straight to the overall economics of the thing. Let’s look past what it means for healthcare and straight to what it means for the economics of a small firm. 1. ObamaCare means a harder economic climate for Small Businesses At core ObamaCare is a mandate. It [...]
Continue reading...Obama Administration’s attacks on small businesses and part-time workers continues
9. March 2010
The AP reported this week that: [A] new provision in the health care bill will require businesses to count part-time workers when calculating penalties for failing to provide coverage. As we warned in in October of last year measures such as these hurt small businesses and part-time workers (particularly students, working mothers, and people who [...]
Continue reading...Where Have All the Jobs Gone?
14. December 2009
We all make judgments based on our prior experiences, so for a moment or two, I would like to wax autobiographical. When I was growing up, my father had a retail establishment that was extremely busy during the Christmas season. In the early 1960’s, before it was mandated that high school students were to be [...]
Continue reading...They can force us to pay for health care, and fine us if we don’t, but they can’t prevent us from firing workers or lowering wages
30. October 2009
We’ve been having a lot of conversations with Small Business owners about how they will change their businesses if Congress passes their monstrous, prosperity-killing Health Care Bill. We are also small business owners and employees ourselves, and what is emerging from these conversations frightens us and should frighten all American workers. The consensus? “They can force us [...]
Continue reading...California Assembly Bill 962 Hurts Small Businesses and Puts Law-Abiding Citizens at Risk
28. September 2009
We recently notified SBABG members from California about California Assembly Bill 962 which would require face-to-face sales of handgun ammunition in addition to providing the government your fingerprints, copy of ID, signature, residential address, telephone, and age in order to be able to purchase ammunition (full details at bottom of this entry*). The bill is currently [...]
Continue reading...Keep the faith: The economy WILL eventually improve, but it will be in spite of Big Government intervention
22. July 2009
The American economy is resilient because the American people are resilient. Our legal system – despite its flaws – rewards innovation, incentivizes invention, and by and large respects property rights. Most of us have a freedom-loving nature and an entrepreneurial spirit. Over the last 230 years our country has seen numerous recessions, several depressions, wars, [...]
Continue reading...Help Coworkers and Employees Understand the Perils of Burdensome Taxation
26. June 2009
“The power to tax is the power to destroy.” - Supreme Court Justice John Marshall, 1819 Most people dislike taxes but see at least some level of tax as inevitable, even necessary. Surely some of our dislike for taxes is driven by the fact that it’s human nature for us to want to keep more of what [...]
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18. June 2010
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