Small business says uncertainty keeps them from hiring

[dkf]

After the most recent jobs report, Kathleen Manning, the assistant manager at a Washington bead store, Beadazzled, doesn't need to look at economic statistics to know that the economy is not fully recovered yet. She only needs to look at the pace of the business in her store.

Manning says that their business isn't growing at the rate it once was, sales are down from last year, and they are keeping tight control on their inventory.

"It's a different world since the economic slowdown," Manning says. "A few years ago it was a whole different scene where people were spending a lot of money and it was extremely busy. There were people out. People were spending their money."

Manning's perspective is a reflection of the challenges facing small businesses across the country.

Manny Amaral, owner of a used car lot in New Jersey, says he's reluctant to hire more employees because of the slow pace of business. Amaral says he would like to hire two more employees, but instead, he's working 16-hour days.

http://abcnews.go.com/Business/small-businesses-economic-uncertainty-hiring/t/story?id=13763634

[immoderate]

1. But if you have certainty, you can't have freedom.

I love to pose that to conservatives.



--imm

[rfranklin]

2. Simple answer...give people more money and they will spend it...

and businesses large and small will thrive.

However, the "Reagan Revolution" put all the gains over the past thirty years into the pockets of the ultra wealthy who don't spend, who only invest in financial instruments and fail to create any jobs.

If we were to legislate a living wage, the economy would boom, tax revenues would increase mightily and we wouldn't be in a depression. But paying employees one cent more is anathema to the ultra wealthy so that ain't gonna happen.