June 20, 2018
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Comments for: Why have U.S. jobs in small business gone missing?

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  • Anonymous

    Big business has the capital to handle the Obama administration imposed regulations, penalties, fees, and such. They just pass the costs on to the consumers. Small businesses can’t cover the additional expenses that have been imposed on them from the anti-business administration. It’s as simple as that.

    • David A. Woodbury

      Echo that. I have a sole-proprietorship, and it’s going to stay that way. If I hire even one part-time helper, the workers’ comp insurance would wipe out all my gains and then some. If I hired fifteen, I would also need generate enough revenue for two non-productive employees, an attorney and an accountant. That’s what is preventing entrepreneurship.

    • Anonymous

       Also, can any reliance be placed on Obama administration jobs data? Most of the reports on unemployment seem to get revised substantially upward once they’ve been milked of their PR value.

      • Anonymous

        On that note, Obama and the Dems are constantly bragging about how many jobs they’ve created. Funny that they never mention how many jobs have been lost since he took office. If the job losses are factored in, and the government jobs are eliminated from the equation, since Obama took office, millions of jobs have been lost in America.

    • Anonymous

      True EJ… but one other reason small business has faired so poorly is access to capital. The stimulus had the effect of sucking all the money that would otherwise be available into “safe harbor” government bonds. That means slightly riskier ventures, which is what small business is, went without capital.

  • Anonymous

    The mom-and-pop businesses in our local communities are hard-hit by Republican-enforced “austerity” measures.

    “Austerity” = layoffs for many, many people.

    When you or your neighbor gets laid off, unemployment benefits don’t last long and new jobs remain scarce (for every “Help Wanted” sign Republican leaders point to, there can be hundreds or even thousands of applicants).

    Also, older folks are watching their pensions get slashed. And if anyone’s forgotten, Wall Street, which Republicans can’t bear to see regulated, crashed a few years ago, bringing the American economy to the brink of Depression II and demolishing the stock portfolios of many people who were retired or about to retire.

    Put together, this means that people have a lot less money to spend in their local communities. Profits can’t rise when that happens, nor will many local employers add more workers. Local businesses (as vs. mega-corporations) can’t depend on profits from one part of some far-flung commercial empire to fund any local losses. So they’re very cautious.

  • Anonymous

    Why have U.S. jobs in small business gone missing?”

    1) NAFTA

    2) Wal Mart

    3) The continuing laws that hurt family farms and help corporate farms

    The demise of small businesses has roots in DC legislation. The recent large scale bribery in Mexico by Wal Mart representatives is a good case in point. (Think the justice dept. will investigate? LOL) 

    Takes a lot of greased palms to run out small businesses and replace them with corporate owned businesses and restaurants.

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