Life in Obama’s America… 23% of Small Business Owners Went a Year Without Pay

2012 is not your ordinary election.

(Theodore’s World)

It’s an Obama world… 23% of small business owners went a year without pay last year. reported, via FOX Nation:

Barack Obama has said the private sector is doing fine.

Tell that to small business owners; a new survey by Citigroup shows that 23% of small business owners have gone more than a year without pay. The study also says that 54% of them have gone without at least one paycheck; 38% of them said their employees had worked overtime without being compensated; and 18% of them had been unable to make a paycheck for their employees at least once.

During recent years, 78% of the owners have taken less profit, 70% have been working more hours, and 69% have used their own funds in order to keep their businesses afloat.

In other words, as Jay Carney said this week, “The economy has not recovered.”

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