Quote:
Originally Posted by Relentless
Business owners will hire as long as hiring is profitable. If it earns more to hire, people hire, if it makes more money not to hire they won't hire.
The argument that 'if hiring is profitable, but less profitable than it could be, people won't hire' is simply idiotic... If that we're true, nobody would hire unless taxes were 0 and the government paid each employer for each employee.
Things can always be made more profitable, but if a new employee earns one dollar more for a company than the sum of the costs and risks of hiring, any intelligent owner will hire as long as that remains true.
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You were right with the first paragraph.. and welcome back btw. I assume you were affected by the hurricane?
If Obama wins and sets up a higher tax on business like he promises and much higher healthcare costs for their employees like he promises, there will be little incentive for small businesses to grow. Most of my friends are businessmen. I am involved in a number of business groups here and this attitude is what 100% of the business owners I talk to will do. They will move very slowly and very cautiously.
My business has enough cash on hand to double the amount of equipment and employees. I won't invest a thing for at least a year after this election if Obama is reelected. I have heard from him all I need to hear.