Obama has no clue how these small businesses work, and whether or not they “need” that money.
With a second term for Obama, the world-leading America we have known and hoped to leave to our children will be gone. Last Friday's jobs report confirms that Obama is well on his way to transforming America into a third world country, with declining living standards and perpetual economic stagnation.
2.5% = nearly 900,000 small businesses hurt by Obama's tax proposal.
The economic experts are worried.
During a House Small Business Committee hearing today, Frank Knapp was invited by the democrats to testify on behalf of South Carolina Small Business Chamber of Commerce. He was quickly exposed, however, by Rep. Mulvaney (R-SC) as a liberal radio host and supporter of the EPA's regulatory assault on small business.
WEST NEWTON, Pa. — Bill "Smokey" Baird is tinkering with a customer's bike in his shop along the Great American Passage trail connecting Homestead with Washington, D.C. A family of seven walks in to rent bikes for the day. The owner of West Newton Bicycle Shop, and of an auto-body shop across the road, sends them on their way with a variety of bikes.
If there are 27 million small business owners and 23% have not received any pay for a year, there are 6.21 million business owners who received no paycheck for at least a year.
Acts of faith are performed each day in this country, and we are all the better for it. But sadly, Barack Obama does not seem to have faith in the American system, nor does he believe in American exceptionalism, nor does he believe that Americans can make it on their own without government handouts.
The Obama Administration’s Office of Management and Budget (OMB) has requested all federal agencies to cut their FY2014 budgets by 5%. Not too surprisingly, these “cuts” are being heralded as an example of new, fiscal prudence by every Democrat seeking office. If only.
Barack Obama claims to be pro-growth. So does Greece, Spain, and almost everyone else. Why? Because admitting preference for the alternative—crushing, heavy-handed government interference that kills initiative and destroys wealth—is not attractive to any citizen of any country.
After a few weeks of recess, Members of Congress will return this week to address a number of issues, including the budget, transportation bill and Buffet Rule. One of the issues that will likely come to a vote in the U.S. Senate in the coming weeks is a joint resolution of disapproval under the Congressional Review Act, which seeks to reverse a recent regulation promulgated by the National Labor Relations Board (NLRB).