Despite repeated claims by President Obama that economic recovery is underway, the latest jobs numbers show that the recession is far from over.
No one has felt the brunt of the lagging economy more than America’s small business owners.
Take a look at Istria Café in Obama’s Hyde Park neighborhood. Paul and Marc Pribaz opened the coffee and gelato shop in 2005. The café quickly became a community favorite and was ranked one of the best coffee shops in Chicago.
But the economy and overregulation have stifled the growth of Istria Café.
Chicago’s bureaucratic maze of paperwork (the City has over 70 different business permits to apply for), along with a corrupt city inspector system, has brought the Windy City’s economy to a halt.