Thanks Barack… 64% of Small Businesses Will Not Be Hiring This Year

Worst. President. Ever.
JUNE +18,000 JOBS…
April, May revised: -44,000…
Top Obama adviser says unemployment won’t be key in 2012…

The US unemployment rate climbed again last month to 9.2%.

Now this…
64% of small businesses are not planning on hiring this coming year. Things are too unstable. Small business conpanies hire about half of the workers in the private sector.
The Wall Street Journal reported:

The U.S. labor market could stay sluggish for a while, with small-business executives reluctant to hire amid the murky economic outlook.

Almost two-thirds—64%—of small-business executives surveyed said they weren’t expecting to add to their payrolls in the next year and another 12% planned to cut jobs, according to a U.S. Chamber of Commerce report to be released Monday. Just 19% said they would expand their work forces.

This comes after a Labor Department report Friday showed employers added few jobs in June, and unemployment rose to 9.2%. The bleak figures joined other data showing the recovery losing momentum in recent months, which has caused many analysts and policy makers to lower their forecasts for economic growth in the second half of the year.

The Small Business Administration says small businesses, defined as companies with fewer than 500 workers, employ about half of the workers in the private sector. In the Chamber’s survey of 1,409 executives, conducted by Harris Interactive, small businesses were defined as firms with revenue of $25 million or less.

More than half of the small-business executives in the June 27-30 survey cited economic uncertainty as the main reason for holding back on hiring. About a third blamed lack of sales, while just 7% pointed to problems getting credit.

#1 July 11, 2011 at 1:25 pm
SeniorD commented:

Unemployment at 9.2%, 64% of small business execs won’t be hiring, 12% of small business execs planning cuts.

This is what we get when the country votes for and elects a flaming, egomaniacal Socialist who’s never had a real job in his life to be the Leader of the Free World.

Bravo Zulu!
#2 July 11, 2011 at 1:28 pm
Warthog commented:

I’m waiting for him to announce that he is forming a “brain trust” to deal with this economic crisis.

(And they will be just as effective as the first one was…)
#3 July 11, 2011 at 1:32 pm
∅ commented:

This report is obviously “RACIST!”
#4 July 11, 2011 at 1:33 pm
Mark commented:

Ah, the joys of Marxism. It is incompetence enshrined.
#5 July 11, 2011 at 1:35 pm
longrunningfool commented:

Count me among the ones downsizing. I’m planning on reducing staffing by a third next year and have already started optimizing changes to maintain revenue.

Fewer hassles, more profit but limited future growth. Eh, I’ll be retired in 10 years. Someone else can grow the business…..maybe.
#6 July 11, 2011 at 1:38 pm
Terry Green commented:

We are not hiring either in my main business and may have to layoff a few people in the next month or so. Survivaluniverse.com is doing good though.

tag
#7 July 11, 2011 at 1:42 pm
JDubya commented:

Actually, as a small business owner, we most likely will be hiring in the next 3-6 months. Mechanical engineer and technician.
Must be self-starter, hard working, able to conduct conversations with customers and vendors as well as the necessary writing skills. Must be a US citizen, we deal with private and public companies, including the government.

This means if you are a lazy Democrat, please do not waste your time wasting our time with some pathetic political dribble. We want workers, not socialists…
#8 July 11, 2011 at 1:44 pm
#1AMERICAN commented:

don’t worry..you will not have a job, but you will get free medical care and food stamps under emperor odumbass….biggest waste ever elected to office
#9 July 11, 2011 at 1:47 pm
gus commented:

But but but,,,,government needs more REVENUES.
#10 July 11, 2011 at 1:50 pm
JonahVark commented:

Our family has owned a business in Missouri for almost 40 years. I started paying the bills for the business about 7 years ago and I was alarmed to learn the cost to run a business.

Our small business pays…….
FEDERAL INCOME TAX
STATE INCOME TAX
FEDERAL UNEMPLOYMENT TAX
STATE UNEMPLOYMENT TAX
7% SOCIAL SECURITY TAX FOR EMPLOYEES
(this is in addition to the 7% the employee gives the government)
PROPERTY TAX
PERSONAL PROPERTY TAX
UTILITY TAXES ON GAS, ELECTRIC, AND PHONE
GASOLINE TAX
SALES TAX TO THE STATE FOR EVERYTHING WE SELL
APROXIMATELY 7% SALES TAX ON EVERYTHING WE BUY

Plus we pay…….
MEDICAL INSURANCE
AUTO INSURANCE
PROPERTY INSURANCE
LIABILITY INSURANCE
WORKMAN’S COMP
VARIOUS LICENSES AND PERMITS
I’m sure I’ve forgotten a few things.

I understand why some businesses hire undocumented workers to avoid the tax burden. Or worse yet they just pull up stakes and move out of the country. Our government’s over taxation and interference has caused small businesses to be reluctant to hire more employees. Under the Obama regime we’ll see businesses leaving the country droves. It is no wonder that our country’s economy is on a downward spiral.

OBAMACARE WILL RAISE OUR TAXES AND NOW OBAMA AND THE DEMOCRATS
WANT TO TAX US EVEN MORE?
#11 July 11, 2011 at 2:12 pm
WillofLa commented:

Back in the 70′s I could quit a job at 11:45 and before noon I could find another job paying more money. That’s the way it was. Even though it was in the middle of the Carter administration the effect of all that he was doing and that the Democrats were and had done had not taken full affect yet. But by the 80′s when Reagan took over the things that Carter had done and the Democrats had done had taken affect and alot of people lost their jobs. By that time also our schools were suffering the affects of the horrible changes of the Carter created Dept. of Education, left our kids with only a fraction of the jobs and careers that existed just a few years before. The oil refineries had all been torn down, the major polluting manufacturing plants had shut down and moved over seas causing hundreds of thousands of jobs lost. The affect was devestating to our youth because there went all the engineering jobs, design and mechanics, and countless assymbly jobs paying good money that their parents had worked at for decades that paid for that college education for most all those kids who were out on the street looking for work. The most worthless degree in the 80′s? A “MBA”! Those guys were out looking for jobs at McDonalds and couldn’t get work. They would stand out at the back gait of corporations and hand out their resume’s to the executives leaving after work in their BMW’s and Mercede’s.

How do we get back the jobs that once existed in this country. Well, as a expert observer of this nations history because I was out there living it, I can tell you what is needed. I worked for a airline during the mid-80′s when the so-called “oil crisis” occurred. This was a cooked up deal between the major oil companies and the government to wipe out all the mom and pop oil companies and midsize oil companies so that the majors were the only ones left with the money to survive that downsizing of our oil industry they wanted. Well, there went all the chemical engineering jobs our kids went to college to get so that they could have the life they worked so hard to get. All the structural engineering jobs went as well. And dozens of service jobs by the tens of thousands that went with all the small to midsize oil companies left the country panting for jobs. We needed them back then, let alone to the next decade that hadn’t even got started good before we saw many more jobs gone in the 90′s. The jobs that were lost during the 90′s was all the finance and banking jobs. Well, there went all the finance and business administration jobs that all those MBA’s needed a decade earlier. All those guys were gone down the drain with many of them going back to college to learn another career.

What we need are people who are willing to build their own business who don’t mind working 16 to 18 hours a day, and are patient to get their profit in about five years or more. But in this economy who can say what will come in five years, let alone two years. But a small business is what is needed and there are some choice fields that are just now opening up. One of them is people who get electrical and electronics training and education to open repair shops for electronic equipment people bought and can’t afford to throw them away and need them, so they choose to get them repaired. And it can’t be like it is now where these shops charge you a arm and a leg just to look at the thing. These new business owners are going to have to have that old belief that people deserve a “fair shake” and will not charge a person these high service prices like these big corporation service shops charge. Like $10 service charge plus parts. Some of these service businesses might have to start out with their repair shop in the back of a used van they got from somebody who couldn’t afford to put gas in it anymore. These young business men will have to use their heads and think CHEAP in what they do to get themselves along in the beginning years of their new business. And other repair shops may have to start opening up for other things like go back to more small car repair shops other than everyone going to the dealer to get the car fixed. How about a small business that goes around and changes people’s oil and trans fluid at their house. You figure out how much to charge them. But things like that.
#13 July 11, 2011 at 2:19 pm
Bill H commented:

Looks like we’re gonna be eating lots of peas.
#14 July 11, 2011 at 2:24 pm
Pat the First commented:

I know we aren’t going to hire unless our business increases by at least 50%. We have streamlined so much of our operation that we don’t need more employees at this rate.
#15 July 11, 2011 at 2:29 pm
kansas commented:

If we’re lucky Marie Antoinette will let us have peas.
#16 July 11, 2011 at 2:36 pm
SeniorD commented:

WillofLA and JDubya,

Excellent thoughts! What I find is the dumbing down of American youth to the point where they do not even know how to learn. To them. asking questions or applying critical thinking skills is a lost art.

Now here comes the sad part: many of those unemployed workers can think and ask questions. But we’re not employable due to age, lack of (formal) education, race or the odd “over qualified” reasons.

Go figure!
#17 July 11, 2011 at 2:37 pm
WillofLa commented:

You can’t tell me that American’s can’t come up with anymore good enough ideas that would make money? Don’t tell me that American’s aren’t inventive. They are more inventive than people in other countries. But alot of that nature has been washed out of our society because of this “throw away society” where everything is so cheap and when it breaks you just throw it away and go buy a new one. Well, money might become so hard to get and hang onto that you may not have the expendable income to afford to just throw something away anymore.

I was a mechanic in all kinds of things when I worked. So doing mechanic things is in my blood. I have repaired things that people throw away for years by going around my neighborhood the day before the trash is picked up, and if I see some stuff that I could use I get it out of the trash and take it home and fix it. Most of the time the thing is not broken, it may have a wire that came loose and the person thought it was done for and threw it out. Nope. If they knew that they could get somebody to take a look at it for from free to very little charge, more people would start doing that. It’s the service charge that scares people away from repair shops. That’s why sometimes you may hear that if you find a good mechanic who can fix your car good and doesn’t charge alot then you had better take good care of him because those kinds of guys are getting harder and harder to find.

But I see people’s attitude changing because I don’t see as much stuff in the trash anymore not like I used to. Either people aren’t putting the stuff out and are just hanging onto a broken vacume cleaner, or they are not using the equipment a whole lot making them last longer or something, I don’t know.

But look for the environmentalists taking alot of stuff off the market because they think the stuff is polluting or something. Look at the jobs that they took out of the market when they declared incondesent light bulbs polluting. How could a light bulb pollute the atmosphere? They say as you use more bulbs by turning more lights on causes the electric plant to have to crank out more electricity which puts more hot air out into the atmosphere which causes more carbon dioxide to be released into the atmosphere raising the “green house gases” crap. So the less people use light bulbs the less the electric plant has to put out more electricity, the less CO2 is released into the atmosphere, the greener the planet and the birds will sing and the flowers will bloom.

But that’s not entirely true because the lower the CO2 in the air the less the plants have to live off of, the less flowers will be produced, and less pollen the bees will have to gather, the less the birds will have to eat the bugs, the less food producing plants will produce food, then people start having health problems because the food is not nurishing enough, then people start dieing. See, how all that’s all connected together? So the more CO2 there is the other way the liberals see that things would be if less were produced would actually exist. So what the liberals see is actually the other way around. But they don’t know it, they think they are the ones who are right. But it’s us who want bigger plants producing more jobs for more people who’ll be buying more light bulbs. That’s what makes the world go ’round.
#18 July 11, 2011 at 2:42 pm
jorgen commented:

However, if Obama lost his job today, the situation would different.
#19 July 11, 2011 at 2:54 pm
GimmeSome commented:

Oh quit your bitch’in and moan’in JonahVark. If you own a b’ness, and have the jack to pay all dem taxes, you must be rich. Why are all you b’ness owners always so dang sefish? There are millions of us suffr’in out here witout the green you have. I had to slack back on my 40′s to scrape up the bus coin so I can ride to cash my check, and now, wit smoke so high, I can only blaze up five day a week. I’m feared if dey don’t raise dat det ceiling thing, and my check don’t come, I may be back to a huff’in dat stolen paint agin. U need too quit been so sefish, an give it up my man …
#20 July 11, 2011 at 3:02 pm
bg commented:

++

‘Infrastructure Bank’

==
#21 July 11, 2011 at 3:05 pm
Stuffy commented:

IMPEACH. Impeach him for ALL of it.
#22 July 11, 2011 at 3:12 pm
RedBeard commented:

I’m part of that 64%. In fact, last month we let a full-timer go for cause, but instead of replacing her 40 hours per week, we’ve hired a 20 hour per week replacement. That one job is not a huge downsizing for the company overall, but it’s still a step backward.

Thank you, Barry O. Thank you, Nancy Pelosi. Thank you, Harry Reid. Thank you, all the rest of you leftist congressional scum.
#23 July 11, 2011 at 3:34 pm
kato commented:

Ain’t it funny how some people mistook a subprime dope for a messiah?
#24 July 11, 2011 at 3:40 pm
Brian commented:

Same here. We’d hired 3 people last year to try to expand but almost all our contracts fell through or were stalled. All three of those people are gone. One left, one fired and one laid off. That was almost half our staff at the time.
#25 July 11, 2011 at 3:53 pm
Patricia commented:

That was his famous HOPE AND CHANGE

Change the country for the worst… he will be always named the “worst president of the United States”
#26 July 11, 2011 at 3:54 pm
Obamas regulation destroy jobs commented:

He should have NEVER, EVER shut down our SPACE SCIENCE department–I would build up biotechnology for nano gene research (for cancer research) (jobs); I would open the doors for DRILLING ASAP all over the United Sates (jobs). I would legalize and CONTROL marijuana fields in(jobs & revenue); I would send 75K troops to the borders get rid of all illegals;;hire thousands of border patrol and ICE agents and OPEN thousands of jobs; I would push Conservative Education; teach pride in America. All employers will be FINED for hiring illegals. Deport all traitors/treasonists. I would retrain TSA and search ONLY the top five search indicators (ARAB, Islamics). I would CUT ALL TAXES–no TAXES for corporation but they MUST show they are investing in new companies to get the breaks–the lower 50% no tax breaks if you have an EIN (illegals)-shut down 10K black community 503s…get people off WELFARE ROLLS. I would take all race out of every application–only top people will apply.
#27 July 11, 2011 at 4:08 pm
Sparky commented:

Canada, especially Saskatchewan and Alberta are extremely short of workers and would welcome you with open arms. Conservatives only, please.
#28 July 11, 2011 at 4:37 pm
JimmyT commented:

@Sparky–I guessing, based on your comment, they nicknamed you Sparky because you have the I.Q. of a spark plug. Am I right?
#31 July 11, 2011 at 5:10 pm
Black Sabbath commented:

Obama is winning – succeeding wildly beyond even what he thought he would do. We put the Republicans in last year to slow this down and they have done absolutely nothing. We are on our own.
#32 July 11, 2011 at 5:17 pm
cv commented:

I have worked in construction for 30 years, and our business will not hire unless our work load almost doubles. Just think about that for a second, we have downsized twice and now went to four day or less weeks.
#33 July 11, 2011 at 5:44 pm
Molon Labe commented:

The Left will say the small businesses aren’t hiring because they’re all owned by racists clinging to their Bibles and guns.
#34 July 11, 2011 at 6:07 pm
Radegunda commented:

Must be the Japanese earthquake that did it.
#35 July 11, 2011 at 8:01 pm
sybilll commented:

As one of those struggling to find employment, I wish Jim could take a poll of all of you small business owners here on what is preventing new hires. I get that demand must be there, but, if given one singular thing you would change today to improve the small business environment, what would it be? I would bet that it would be repealing ObamaCare, but, I would like to hear from those of you in the trenches.
#36 July 11, 2011 at 8:37 pm
tommy mc donnell commented:

in 1776 the then american people revolted because they didn’t want to work for the nobility. in 2011 we are back in the same boat. the american worker now works for the politican. the same politican that is supposed to be the servent of the people. who wants to work hard and run a business if everything you make goes to the ruling class(the politicans).

the profit motive has been the greatest insentive to work hard in the history of mankind. take it away and your living in a third world country.
#38 July 12, 2011 at 9:30 am
Maxine commented:

I am glad some of you are hanging in there keeping your business open that is very important for America. However—below is what I feel on why we are being destroyed
He promised in almost every stimulus was for schools, infra structure etc. are our schools better must not be our it would not happen again. As far as I am concerned he is inside Terrorist in disguise of the worse kind. He is not for the USA
#42 July 14, 2011 at 5:30 pm
My2Cents commented:

Oh, noooooow everybody wants to remember that small business is the backbone of the economy! This was expected when TARP funds were kept instead of distributed to Main St. Furthermore, I hate the news polarizing things as a Democratic or Republican problem/issue. Our current situation is the result of a failed system where politicians collectively are dependant upon lobbyists and corporate donors for election/reelction. The playing field need to be evened out so politicians can stop worrying about raising money all the time and focus on their job. http://www.youtube.com/watch?v=EAOselU0Gbc&feature=channel_video_title