This past Friday President Obama challenged business and industry to hire and train 100,000 unemployed veterans or their spouses before 2014. The President pointed out that there are one million unemployed veterans today with a 13.3% jobless rate for post 9/11 veterans. To move the challenge along, the President has proposed the following tax credits: […]
If you’re breathing a sigh of relief with the new jobs numbers showing employment rose 117,000 and unemployment dipping to 9.1%, forget it. All of the good in these numbers came before the debt ceiling deal was inked. As I’ve explained before, all the initial deficit reduction, about $1 trillion, will come out of reduced
Jobless benefits equate to your job Read More »
Below is a statement on the debt ceiling deal from Citizens for Tax Justice released 8-2-11.—————————————————————————————————- President Obama Breaks His Promise on Taxes Again The so-called “Budget Control Act” that President Obama signed into law today to increase the federal debt ceiling and reduce the federal budget deficit marks the second time the Obama administration has
OK. I admit that I got my hopes up upon hearing that U.S. Senate Democrats and Republicans were talking nice about the Gang of Six deficit reduction outline that included revenue increases as well as budget cuts. But as they say—the devil is in the details. And the details in the Gang of Six proposal
“Gang of Six” tax plan–sacrifice for all but multinationals Read More »
The below is an editorial by the Sun News that ran in the Myrtle Beach area newspaper on July 05, 2011 ——————————————————————————————————- Creating Jobs from the Ground Up Frank Knapp has a message for those who want to create jobs and bolster our state’s economy: Look to the little guys. Knapp, the president and CEO
Creating Jobs from the Ground Up Read More »
The below is an editorial from the New York Times.———————————————————————————– The NY TimesJune 26, 2011 Whose Stimulus? Big businesses are telling Washington that they are willing to do their bit for the economy — if the price is right. Multinational companies say they could repatriate hundreds of billions in foreign profits and pump them into domestic
The country’s biggest banks have taken a lot of criticism about small business lending since the great recession began. Obviously, they don’t agree with their critics. In a recent interview with Robb Mandelbaum of The New York Times, Marc Bernstein, one of the top two small business lending executives at Wells Fargo addressed the issue
Small business access to capital Read More »
Over 50 people, providers of services to microbusinesses and legislators, listened with great attention to presentations for 1 ½ hours yesterday in the Blatt Office Building on the State Capital grounds. It wasn’t because we fed them into a sedated state (although the food from @116 on State Street in West Columbia was very good).
Growing the economy bottom up Read More »
I met Ben in a meeting last week in DC. We were asked to speak on behalf of the American Sustainable Business Council in a conference room full of foundation representatives. Ben went first and shared a little about his past. He told of meeting his best friend in 7th grade. Ben knew it was
Ben, we almost never knew you Read More »
The South Carolina Small Business Chamber was a strong and vocal supporter of last year’s Small Business Jobs Act. I spoke at a press conference at the Capital along with several U.S. Senators to state our support and that of the American Sustainable Business Council for the legislation. A key component of the effort was
Small businesses still need loans Read More »
