Obamanation is now (after four years of failure) claiming that he will solve our bid'ness woes by appointing a Secretary of Business.... or S.O.B., I reckon...
Here's a fact from Bloomberg Businessweek:
The measure estimates employment at independent companies
with fewer than 20 employees that use Intuit’s online payroll product.
Companies with fewer than 20 workers make up nearly 90 percent private
employers in the U.S. …
Companies with fewer than 20 employees have actually shed jobs during
the economic recovery; the Intuit Small Business Employment Index was
0.9 percent lower in October 2012 than in July 2009. Moreover, since
May, the index has moved in the opposite direction from BLS estimates of
overall employment, with Intuit reporting a loss of 10,000 small
business jobs in each of the last two months alone. …
Compensation and hours are similarly weak. Adjusting for inflation
and seasonality, monthly compensation for all employees (including the
owners) at businesses with fewer than 20 employees is 10.2 percent lower
than when the president took office.
... and here is a short two minute video, without all of the bells & whistles of that would make it go viral, but every one of you have ever run a small business, will relate to!! Take a minute - and pass it on to a friend....