Uncertainty
"In the course of a week, we talk to lots of small business
owners, people who are in a position to hire, or not hire, new
employees. A review of those recent conversations has four out
of five small business owners choosing NOT to hire anew, even
though they acknowledged they could make good use of the
help. Near as I can tell, the primary reason for not hiring is
"uncertainty." Uncertainty about the direction of the economy
for sure, but more specifically, uncertainty about the direction of
our government and its coming policies, rules, regulations,
decisions, and mandates. If the administration wants to get small
business hiring again, all it needs to do is lift its heavy hand. The
optimistic entrepreneurial spirit is not dead in America, we just
need to stop suffocating it."
Read the entire piece at Anderson Layman's Blog.
In short, the entrepreneurs are holding their cash rather than deploying it. . .with good reason; give them a good reason to deploy it - that they can use it to make and keep more money - and they will deploy it. What a novel idea.
Read the entire piece at Anderson Layman's Blog.
In short, the entrepreneurs are holding their cash rather than deploying it. . .with good reason; give them a good reason to deploy it - that they can use it to make and keep more money - and they will deploy it. What a novel idea.
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