How did we go from that to this?
Health Costs, Gov't Regulations Curb Small Business HiringInterestingly, every one of the issues cited by America's businessmen and women in this survey is a huge issue when it comes to planning and allocating for the future. Trust me.
Nearly half of small-business owners name these issues
By Dennis Jacobe, Chief Economist, Gallup
Princeton, NJ -- U.S. small-business owners who aren't hiring -- 85% of those surveyed -- are most likely to say the reasons they are not doing so include not needing additional employees; worries about weak business conditions, including revenues; cash flow; and the overall U.S. economy. Additionally, nearly half of small-business owners point to potential healthcare costs (48%) and government regulations (46%) as reasons. One in four are not hiring because they worry they may not be in business in 12 months.
Companies typically hold back on hiring when the economy is weak and when their operating environment is not providing sufficient revenues or cash flows. This appears to be the case right now, as the economy has been weak for more than four years. Less typical is for many owners to point to such things as potential healthcare costs and government regulations. [link]
And for them to fear that future - for that's what can be read into this survey - (the future that Barack Obama was going to bring "hope" to; see above), it's a sad commentary on the state of the Union, 2012.
Obama is running for reelection. To do so, he'll have to run away from the deplorable record he's compiled to date. And if he wins, you can count on four more years of the same.
May God have mercy should that come about.