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i don't know about you, but i am seeing small businesses fail all around me.
lots of businesses for sale or rent.
that might have something to do with the rising unemployment rate and astronomical food stamp and social service usage.
the government regulatory environment is not conducive to small business growth.
the big government-connected seem to be doing fine, however.
Most small businesses have a high failure rate, it's always been like that. During down economic times, it weeds out the weak. However, tax increases aren't any concern for them because they'd have to be making $251k net profit to notice any tax increase and if they are in the top bracket, there is no need to worry. I also trade on the stock market. We have been in an upward trend for awhile now and I believe it's just the beginning. The unemployment rate will take awhile until it goes back to 4-5%. Businesses small and large have become more efficient and effective. That also means cutting payroll, having employees do more than one role, so until demand increases, most of those lost jobs won't come back because they have learned to cross-train their employees. The unemployment rate will be the last thing to recover. I know in our business we feel a recovery from contracts with major corporations to the average local customer. Public corporations have consistently been reporting great earnings. Many have record cash on hand. I wouldn't be worried about a double dip recession, I see signs of recovery all around, but it isn't going to be a fast recovery. All I can say is the worst is behind us...at least for the next 5-10 years.
the government regulatory environment is not conducive to small business growth.
the OP is not claiming that the regulations are conducive to growth... they are saying that smart businesses hire based on demand, not on current taxes or the fear of future tax increases.
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