To create jobs, Obama had to do a little more for small business. In my opinion he did about 50% of what I would have expected him to do to turn this economy around and create jobs. The 50% that he did correctly was to cut payroll taxes for employees and employers.
His plan works great for 20% of the largest organizations in US, such as GE, IBM, HP, etc., Large corporations who have a tremendous amount of cash available to them so that they can cover the payroll of new employees.
Small business owners who have been fighting with this economy the last few years are worried about making their payrolls Friday. They are worried about paying their electricity bill and Internet bill just to operate. Many are worried about paying their rent on time, and
President Obama is telling small businesses: go hire a new employee, pay the payroll, hope and pray that the economy is going to turn around and your business will make money, therefore you can save some money on your taxes.
I have over three decades of experience working with small businesses, and I strongly believe that no small business would take that risk. They simply don’t have the money to take that risk.
The 50% that he missed is that he should give businesses of 20 employees or less a one-time $10,000 for each employee they hire to help offset the cost of the training period for that employee.
That 10,000 dollars will either pay somebody’s salary for 90 days or would subsidize a person salary while the employee is being trained to be productive.
If the small business has survived in this economy, it is a great indication that they still have faith in this country and our free enterprise system and still believe their businesses will succeed and definitely will take a chance on expansion if they get some help. I believe this business owner and every business that I have worked with over the years will take on new employees knowing the government is subsidizing the employee’s salary during the initial 90 days until he/she becomes productive. That would be a major boost to the economy and the small business.
President Obama meant well. I believe that he wants to help small business, but he doesn’t know how, and I believe the main reason is neither him nor any of his staff members have had to run a small business and had to survive this long recession we have been in.
I intend to explain to President Obama how he can save this country and get every small business to hire at least one new employee, but I am only one person, I need your help to get this message out to President Obama. During this next week President Obama is focused on job creation, as well as the Senate and House of Representatives. We have a tremendous opportunity to help save our country and put Americans back to work.
Imagine if every small business hires 1-10 new employees, how high could the job number growth go?
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Posted by mtibricknclick 
