Obama’s Method of Job Creation
I saw this political cartoon, and I had to post it. It is so true. Huge deficit spending and threatened tax increases during a recession takes away the ability for small businesses to create jobs. Democrats don’t understand this, do they? Why would a small business owner, who is worried about inflation, possible tax increases, and a greatly increased cost for employee health insurance, be willing to risk more of his capital by hiring new employees? He won’t, because he may have to lay them off a few months down the road due to new government policies and mandates. Instead, he will wait to see what the government is going to do. If health care dies in Congress, and the small business taxes that Obama has proposed are voted down, it will become much easier for small business owners to hire new employees. Until then, the foundation of our economy will remain on shaky ground. This cartoon illustrates my point perfectly.
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The only thing that could make that more complete is a wrecking ball headed towards the business.
Good stuff Liberty! You know most of the jobs look like shovel ready jobs.