Quote:
Originally Posted by Derwood
tax breaks wouldn't help you? you've been complaining about federal taxes on small businesses for as long as you've posted here
|
Not directly. Business is at a point were, in 2010 unless things improve, I will not be a tax payer, I will not be an employer, I won't be buying office supplies, paying rent, etc., based on income I will be in poverty for the first time since college. I will qualify for many poverty based benefits. Like I said I need business to improve, and for that I need the economy to improve. If my potential clients benefit from tax cuts, I will benefit. This is "trickle down", I have experienced it in the past and hope to experience it in the future. Poor people don't need what I sell.
---------- Post added at 07:26 PM ---------- Previous post was at 07:17 PM ----------
Quote:
Originally Posted by roachboy
it would seem to me, ace, that your economic metaphysics would leave you in no position to complain about anything any firm does. uncle milty friedman tells us that what firms do is generate profits for themselves and that anything beyond that is outside their competence and so unethical. and we all know how well that worked out empirically----but we're not really talking about the empirical world when we talk "economics" with you---so using your own position to go by, if banks choose to focus their resources on making higher rates of profits for banks to the exclusion of enabling commercial lending to get unstalled, who are you to complain?
|
I guess there is a subtle difference between a complaint and pointing out a need, but there is a difference. Banks can do what they want and if I can come to an agreement with a bank on terms and rates we both win. In a business like mine, if I get an order from a client it may take 45 days to full-fill and another 45 to get paid. In between I have costs and as business activity grows those costs go up significantly before the cash starts to flow in, I need sources for financing to grow.
Quote:
|
you should like it. self-interest uber alles and all that.
|
I would like a government who is neutral at best, or at least allied with my interest. Having a government against my interests is the worst case scenario.
Quote:
o and can you riddle me how exactly it is that the discussion about television prices devolved out of a conversation about obama's first year in office?
thanks.
|
I read what is posted and I follow the flow of the discussion. The relationship with TV's and Obama's first year has everything to do with his lack of focus on the economy. He does not understand what makes the economy work. How and why people buy and sell things is by definition what the economy is. Why did you need me to connect these dots for you? This explanation is not even Econ 101, this is grade school level stuff. So, you chastise me for being simplistic and you chastise me when I don't connect the dots in a simplistic manner so that you can follow. I can't win with you, can I?
---------- Post added at 07:33 PM ---------- Previous post was at 07:26 PM ----------
Quote:
Originally Posted by Baraka_Guru
It's not necessarily the case that these small businesses cannot add value, differentiate, or compete on price; it's that it's far more difficult for them to do so because of the disparity in things such as labour resources and purchasing power.
|
That is why we need government policy that is fair to all parties. It is more difficult for small business to meet government regulatory requirements, which favors being big. For example if you have to have x number of disabled parking spaces, even if they are not needed, the small business is at a disadvantage and may loose business because customers can not find a spot, while the unused space is available. So on one hand it is commendable that we look out for the disabled, but we have to understand there is a cost.
Quote:
|
Their failing isn't inherently bad in and of itself. Businesses fail all the time, and businesses who lack competitive ability should probably fail. However, when you compare small business to large business within the same market, I support government measures to give small businesses a hand when it comes to things such as tax breaks/credits, access to capital that would otherwise be denied them, and such things that help keep the market more competitive than it would otherwise.
|
Only if that were true, but I don't think it is. Government favors big business, big labor and those without, everyone else gets the shaft.