AP photo
At at time when jobs continue to disappear, the Obama administration is intimidating and paralyzing the small businesses that are the backbone of employment in the United States.
Many are simply giving up, either selling out or just closing their doors. Others are exploring how to move their businesses, especially manufacturing, to foreign countries and exploring dual citizenship in preparation for the move.
While it may please Obama supporters that he is going to tax those who make over $250,000 a year, the fact that many of them may be the small business owners who are their employers. Instead of hiring more people, these entrepreneurs will either cut back on hours employees work or simply hand them a pink slip or become another boarded up storefront with a "for rent" or "for sale" sign hanging in the window.
What Obama has created is what is being called a toxic climate of fear among small business, not only the shopkeeper and manufacturer, but even those in the medical profession. However, don't expect the mainstream media to admit that this is happening as Obama continues to be propped up by them.
In spite of that, people who are now part of the unemployment pictures (which is said to be 17.5% including those who have given up trying to find a job, those working part time, etc.) must be catching on because Obama's poll numbers are dropping almost daily although he has not reached that of Congress which is now 17%.
To read the entire articles, go to:
http://www.businessandmedia.org/commentary/2009/20090708120623.aspx
http://www.realclearpolitics.com/articles/2009/03/how_obamas_soaktherich_plan_wi.html
To read how about how small business creates jobs, go to:
http://www.sba.gov/advo/stats/sbfaq.pdf
To read more articles about Obama and small business, go to:
http://www.businessandmedia.org/commentary/2009/20090708120623.aspx
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