WHAT'S LACKING: Small-Business Bill Clears Senate Hurdle - WSJ.com:
"This is so typical of what is wrong (or just totally missing) from administration attempts to restore faith in the economy.
They are making life harder on anyone trying to run a business with the $600 reporting requirement (clearly because they are trying to 'tax Peter to pay for benefits for Paul').
The administration also fails to comprehend that people go into business to make money for themselves - not the government, not their employees, etc.
People save money and lend money for the same reasons.
The spottiness and shabbiness and disjointed nature of the administration's policies can't help but make any business person wary.
As Roubini highlighted on Bloomberg today, the stock market has basically done nothing for a decade.
Democrats and their supporters may berate business for outsourcing, etc. - but, bottom line, business has basically just survived for a decade.
- Sent using Google Toolbar"
Wednesday, September 15, 2010
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