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Taxing Authority 
LSU Fan
Houston
Member since Feb 2010
16738 posts
| Hey? What's going on here? How can this be? (Posted on 12/7/12 at 10:43 pm)
U.S. Small-Business Owners' Hiring Intentions Plunge
quote:
PRINCETON, NJ -- U.S. small-business owners expect to add fewer net new jobs over the next 12 months than at any time since the depths of the 2008-2009 recession, according to this November's Wells Fargo/Gallup Small Business Index survey. Small-business owners' net hiring intentions for the next 12 months plunged to -4 in November, down from +10 in July and matching the previous record low recorded by the Wells Fargo/Small Business Index of -4 in November 2008.
Dang. What happened in November?
quote:
There was considerable improvement in small-business owners' hiring expectations during much of 2012, prior to the recent November plunge, but now expectations have deteriorated to tie the low recorded in 2008.
Remember Obama voters. You own it!
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mograyback 
Missouri Fan
Red Patoka Sea
Member since Jul 2011
5486 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/7/12 at 10:49 pm to Taxing Authority)
quote:
Taxing Authority
Wow. 
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GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
17420 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/7/12 at 10:52 pm to Taxing Authority)
You know the earners of $250K and more that Obama is jelly of and wants to tax more, 75% of them are small business owners. Sounds like a rational and logical response to currently undefined future business costs.
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cahoots
LSU Fan
Red Stick
Member since Jan 2009
1625 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/7/12 at 10:53 pm to Taxing Authority)
In better news, Funky Butt is set to reopen on Freret St. pretty soon
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Spark2121
LSU Fan
Member since Mar 2009
195 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/7/12 at 10:58 pm to Taxing Authority)
Do you know how racist you sound? To put the blame on Obama for business owners not hiring people...why don't you just come out and say it. You hate black people. 
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cwill 
New Orleans Saints Fan
Member since Jan 2005
18897 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 12:04 am to Taxing Authority)
Uncertainty.
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Zahrim
Colorado Fan
McCamey Texas
Member since Mar 2009
3839 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 12:11 am to Spark2121)
quote:
Spark2121
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Gmorgan4982
LSU Fan
Hattiesburg, Miss.
Member since May 2005
89943 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 12:11 am to Taxing Authority)
You mean massive theft and threats of even more theft has a negative effect on the economy? Who knew?
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stat19 
USA Fan
Member since Feb 2011
8319 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 6:02 am to Taxing Authority)
quote:
Dang. What happened in November?
In January there will be people needing an explanation why they can't make a career out of Mall Gift Wrapper.
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Zach
LSU Fan
Member since May 2005
55471 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 10:02 am to cwill)
quote:
Uncertainty.
Uncertainty is a stupid term for Business Confidence. If the President, the House and the Senate all announced that we are switching to a communist economic model that would = certainty. But it would not spur economic growth in the business world.
The business climate has nothing to do with certainty. It has to do with govt being perceived as business friendly or anti-business. This is the most anti-business adm in my lifetime.
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cwill
New Orleans Saints Fan
Member since Jan 2005
18897 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 10:07 am to Zach)
quote:
Uncertainty is a stupid term for Business Confidence. If the President, the House and the Senate all announced that we are switching to a communist economic model that would = certainty. But it would not spur economic growth in the business world.
If that was the frame we were dealing with, you would be correct. However, that is not the case.
quote:
The business climate has nothing to do with certainty. It has to do with govt being perceived as business friendly or anti-business.
I'm sometimes wonder if you ever actually worked or have been "retired" your entire adult life.
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Zach
LSU Fan
Member since May 2005
55471 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 10:22 am to cwill)
quote:
If that was the frame we were dealing with, you would be correct. However, that is not the case.
It is exactly the case. If Obama wins, taxes go up and business achieves Certainty. But that will result in further stunting growth. Therefore, the term 'certainty' is irrelevant. The reason it is used instead of Bus Con (from the 70s thru the 90s) is because the press does not like to paint politicians as anti-business. So the spin is "Well, business really doesn't care what Obama does as long as they have some certainty."
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La Place Mike
LSU Fan
West Florida Republic
Member since Jan 2004
12644 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 10:29 am to Taxing Authority)
My step daughter's company just moved 50% of their employees to part time because of the new health care laws.
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CajunAngele
LSU Fan
Member since Oct 2012
5249 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 11:00 am to Taxing Authority)
I live what is happening to small business everyday.
Obama is destroying small business. Obama is a downright liar saying that small business won't be effected; as I am literally watching it.
-A beauty salon makes more that $250K a year.
-Any mom and pop grocery store (in which NC still has) that sells convenience items and fresh pork and beef makes more than $250K a year.
-Seafood vendors on the corner out of a refrigerated truck make more than $250K a year
-HVAC companies make more than $250K a year
-Most construction companies make more than $250K a year.
Obama is purposefully killing America with his Robin hood marxism of class, racial warfare and cultural divide.
You idiots that voted for him and tote the dem party no matter what OWN IT! Don't be fooled that Obama will get away with this massive farce. Even the media are turning on him slightly.
This post was edited on 12/8 at 11:01 am
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Jbird 
Iowa Fan
Odramaville with EthanL
Member since Oct 2012
4969 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 11:13 am to Spark2121)
Fastest drop of the race card for today goes to Sparky, well played, well played. 
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CajunAngele
LSU Fan
Member since Oct 2012
5249 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 11:37 am to Jbird)
Sparky was using sarcasm correct? No way they could be serious.
Hell, I posted an article the other day about Obamas vacation fiscal cliff and it was a parody and all but ONE posting in it thought it was real.
We live in strange times.
This post was edited on 12/8 at 11:38 am
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Bestbank Tiger 
Tulane Fan
Landmass Gulf Coast
Member since Jan 2005
15777 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 1:05 pm to Zach)
quote:
It is exactly the case. If Obama wins, taxes go up and business achieves Certainty. But that will result in further stunting growth. Therefore, the term 'certainty' is irrelevant. The reason it is used instead of Bus Con (from the 70s thru the 90s) is because the press does not like to paint politicians as anti-business. So the spin is "Well, business really doesn't care what Obama does as long as they have some certainty."
Uncewrtainty is still bad for business.
If you know your costs are going up 10% or 15% or whatever, you adjust your business model accordingly. If you can't still make a profit at that level, you shut down. Same goes for someone starting a new business. Obama's regulations and tax increases hurt specific businesses and specific industries that operate on tight profit margins.
But what happens if your costs are going up by somewhere between 10% and 75% and you don't have any way of knowing the exact amount? Then you can't put together a business nodel, so you simply don't take the risk.
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kywildcatfanone 
Kentucky Fan
Wildcat Country!
Member since Oct 2012
6501 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 1:12 pm to Bestbank Tiger)
I have to say I'm shocked that businesses aren't expanding hiring with the most anti private business President we have ever had recently re-elected for another four years. 
ETA: Elections have consequences.
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deltaland 
Mississippi St. Fan
Member since Mar 2011
15452 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 1:19 pm to CajunAngele)
quote:
Obama is destroying small business. Obama is a downright liar saying that small business won't be effected; as I am literally watching it.
-A beauty salon makes more that $250K a year.
-Any mom and pop grocery store (in which NC still has) that sells convenience items and fresh pork and beef makes more than $250K a year.
-Seafood vendors on the corner out of a refrigerated truck make more than $250K a year
-HVAC companies make more than $250K a year
-Most construction companies make more than $250K a year.
Obama is purposefully killing America with his Robin hood marxism of class, racial warfare and cultural divide.
This. Most don't realize it, but Obama's "middle class" is not small business owners. His "middle class" is the dregs of society on welfare that he is trying to prop up with our tax dollars and the people making minimum wage type jobs.
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tketaco
LSU Fan
Big Sand Box
Member since Jan 2010
6692 posts
| re: Hey? What's going on here? How can this be? (Posted on 12/8/12 at 2:26 pm to Taxing Authority)
Forward!
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