The business community is in a depression, whatever small profit they have and many of them don’t they will not invest it back into the economy as long as Obama or any other socialist for that matter is president. They will not invest their monies into an economy where they don’t know where the next tax increase or the next rigid regulation will come from. There is nothing worst for a business and for We The People if they don’t have the economic strength to invest into the economy. A small business person today which controls over 70% of the United States economy will not be able to hire, offer better paying jobs or expand as long as there is a socialist president in the White House with constantly putting handcuffs on the small business person.
The following was posted by Larry Kudlow & Stephen Moore, published by Tea Party News: “Business investment hasn’t grown for two years. Over the past two quarters, total business fixed investment has fallen by an annualized average of 4 percent. Business equipment and software has dropped by more than 5 percent. Non-residential structures — like commercial office space, shopping malls, factories, and hotels — have dropped by nearly 8 percent.”
“But let’s go further back. For the entire 32-quarter economic recovery, business fixed investment has averaged just 1.1 percent at an annual rate. Since 1960, however, business fixed investment has averaged 4.4 percent at an annual rate. So the present expansion in business investment is roughly one-quarter of the 55-year average.”
Obama is the only president who has never seen a 3% growth in any year that he has been president. “Arthur Laffer has taught us that “if you tax something, you get less of it.” That’s why firms are moving offshore in droves. It’s not about being unpatriotic. It’s that it doesn’t pay, after-tax, to invest in the United States.”
All this talk about blaming other countries for our economic mess such as China and Mexico is all bull. If we put our own house in order to get the small business person to reinvest back into our economy they will start rehiring, giving better paying jobs and expand. The solution to our economic woes is right here in our own economic structure. It’s easy to fix but it wont be fixed with socialistic leadership in the White House. Socialists choke the economy, that’s their game plan, they want to pull the strings and have people rely on government. Just ask those 97 million Americans who have left the workforce.