the National Federation of Independent Business will tell you time and again that small businesses are the engine of the American economy, whither they go, so to does the country. Dr. Helen is noting the case and we are looking at a "capital strike," i.e. a tendency of small businesses not to move forward because of the uncertainty surrounding the political climate.
While the Obama Adminsitration is going after big business with a "pay czar" and other angles of attack on big business, they have completely forgotten that their actions trickle down to small businesses. Small businesses have little margin for mandates and costs, so they tend, in times of uncertainty to do nothing. They don't hire people, they don't expand, they don't invest in new equipment, they don't do anything risky at all--because the cost/benefit analysis is not in their favor.
Dr. Helen thinks that the Obama Administration is likely to founder upon the shores of American small businesses and I wholeheartedly agree.
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