[quote]UtahLama wrote:
.
But Obama can say that business owners are helpless without big brother and therefore should give more to people who are too lazy to work…and all you hear is crickets.[/quote]
Because the main stream liberal media are playing a large role in trying to get Obama reelected. Just as they played a significant role in getting him elected in the first place. It is Romney vs Obama and the liberal media.
[quote]flipcollar wrote:
Hey guys, this is my first post in this section of T Nation, but the thread title caught my attention (small business owner here).
A couple years ago, my small business was having a lot of trouble (along with the rest of the economy). We’d been around since 1978, my Grandfather started the company. We were at about 10 employees at the time, and we were losing money every month. I hadn’t taken a paycheck for several months in a row just to keep all my employees here. As a result of Obama’s administration, I was able to keep all of my employees jobs, because they could work 3 days a week and still collect partial unemployment for the extra 2 days that I could not pay them. I didn’t have to lay off anyone. This would not have been possible prior to Obama’s administration. Today I’m sitting at 20 employees with a night shift, with the most business this company has ever had. I owe quite a bit of this success to the current administration, and the way they handled certain aspects of the recession.
As for the idea that a small business owner is not entirely responsible for his successes, I would absolutely agree, and my Grandfather would have as well. We all rely on the successes of people before us, and those around us. Nobody acts in a bubble.
I realize this is anecdotal, but it’s just my perspective on Obama and small business owners.[/quote]
Capital accumulation is necessary for economic success. These goods are owned and traded voluntarily by individuals who best decide how to utilize these resources to bring about more wealth. To take from the pool of capital that others have worked hard to build and give to failed businesses (or inefficient bureaucratic processes, for that matter) is unsustainable and is part of the reason why you have a hard time paying your employees in the first place.
It’s funny you say you owe your success to people who have come before you while at the same time you take from future generations (by taxation). This means they only have to work more hard to catch up - what else will they owe you for fucking them over?!
[quote]flipcollar wrote:
Hey guys, this is my first post in this section of T Nation, but the thread title caught my attention (small business owner here).
A couple years ago, my small business was having a lot of trouble (along with the rest of the economy). We’d been around since 1978, my Grandfather started the company. We were at about 10 employees at the time, and we were losing money every month. I hadn’t taken a paycheck for several months in a row just to keep all my employees here. As a result of Obama’s administration, I was able to keep all of my employees jobs, because they could work 3 days a week and still collect partial unemployment for the extra 2 days that I could not pay them. I didn’t have to lay off anyone. This would not have been possible prior to Obama’s administration. Today I’m sitting at 20 employees with a night shift, with the most business this company has ever had. I owe quite a bit of this success to the current administration, and the way they handled certain aspects of the recession.
As for the idea that a small business owner is not entirely responsible for his successes, I would absolutely agree, and my Grandfather would have as well. We all rely on the successes of people before us, and those around us. Nobody acts in a bubble.
I realize this is anecdotal, but it’s just my perspective on Obama and small business owners.[/quote]
I just asked my father what he thought of what you said…he told me to ask why your grandfather would agree with this?..my father started his business in the late 70’s and said that local/state/federal governments were of ZERO help to him getting off the ground.
You seem to be very much the exception to the rule.
[quote]flipcollar wrote:
Hey guys, this is my first post in this section of T Nation, but the thread title caught my attention (small business owner here).
A couple years ago, my small business was having a lot of trouble (along with the rest of the economy). We’d been around since 1978, my Grandfather started the company. We were at about 10 employees at the time, and we were losing money every month. I hadn’t taken a paycheck for several months in a row just to keep all my employees here. As a result of Obama’s administration, I was able to keep all of my employees jobs, because they could work 3 days a week and still collect partial unemployment for the extra 2 days that I could not pay them. I didn’t have to lay off anyone. This would not have been possible prior to Obama’s administration. Today I’m sitting at 20 employees with a night shift, with the most business this company has ever had. I owe quite a bit of this success to the current administration, and the way they handled certain aspects of the recession.
As for the idea that a small business owner is not entirely responsible for his successes, I would absolutely agree, and my Grandfather would have as well. We all rely on the successes of people before us, and those around us. Nobody acts in a bubble.
I realize this is anecdotal, but it’s just my perspective on Obama and small business owners.[/quote]
Well it is nice to inherit a business and you should thank your grandfather and father they set you up in a great position. I was not that lucky I had to do it myself. And I can tell you from first hand experience that one big enemy of business, small or large is government in the form of regulation and taxes. And that’s without even addressing the outlandish inheritance tax where the government swoops in and takes 55% of every dime you leave your children.
Basically government IS the enemy and the less of it the better!
That’s why Obama must go.
And if you think Obama helped you by extending unemployment think again. He will be back around with the biggest tax hike on business in the history of the country it’s called national health care.
One more point, I have no idea of your corporate entity but if it is an “S” or “LLC” your income flows through the company directly to you. That means that you are one of the evil rich! And as of January first if Obama has his way you will be paying 5% more on your income taxes.
You’re not paying attention if you actually think government is not your enemy and you think Obama has helped you—But thanks for the laugh. 
[quote]LIFTICVSMAXIMVS wrote:
[quote]flipcollar wrote:
Hey guys, this is my first post in this section of T Nation, but the thread title caught my attention (small business owner here).
A couple years ago, my small business was having a lot of trouble (along with the rest of the economy). We’d been around since 1978, my Grandfather started the company. We were at about 10 employees at the time, and we were losing money every month. I hadn’t taken a paycheck for several months in a row just to keep all my employees here. As a result of Obama’s administration, I was able to keep all of my employees jobs, because they could work 3 days a week and still collect partial unemployment for the extra 2 days that I could not pay them. I didn’t have to lay off anyone. This would not have been possible prior to Obama’s administration. Today I’m sitting at 20 employees with a night shift, with the most business this company has ever had. I owe quite a bit of this success to the current administration, and the way they handled certain aspects of the recession.
As for the idea that a small business owner is not entirely responsible for his successes, I would absolutely agree, and my Grandfather would have as well. We all rely on the successes of people before us, and those around us. Nobody acts in a bubble.
I realize this is anecdotal, but it’s just my perspective on Obama and small business owners.[/quote]
Capital accumulation is necessary for economic success. These goods are owned and traded voluntarily by individuals who best decide how to utilize these resources to bring about more wealth. To take from the pool of capital that others have worked hard to build and give to failed businesses (or inefficient bureaucratic processes, for that matter) is unsustainable and is part of the reason why you have a hard time paying your employees in the first place.
It’s funny you say you owe your success to people who have come before you while at the same time you take from future generations (by taxation). This means they only have to work more hard to catch up - what else will they owe you for fucking them over?![/quote]
I didn’t take anything from future generations. You clearly don’t understand how unemployment payment works. Since my employees stopped drawing unemployment, I have been paying that money back through increased rates based on the money I drew from the ‘pool’ in the first place.
My business is directly based on coal and copper mining. There was nothing inefficient about what we do. Mining in the United States essentially shut down for a period of about 9 months. No one could buy capital equipment.
My business would have survived either way, the whole point is that my employees ALL kept their jobs. If the law hadn’t been what it was, layoffs would have happened. Obama’s policies kept people employed.
[quote]UtahLama wrote:
[quote]flipcollar wrote:
Hey guys, this is my first post in this section of T Nation, but the thread title caught my attention (small business owner here).
A couple years ago, my small business was having a lot of trouble (along with the rest of the economy). We’d been around since 1978, my Grandfather started the company. We were at about 10 employees at the time, and we were losing money every month. I hadn’t taken a paycheck for several months in a row just to keep all my employees here. As a result of Obama’s administration, I was able to keep all of my employees jobs, because they could work 3 days a week and still collect partial unemployment for the extra 2 days that I could not pay them. I didn’t have to lay off anyone. This would not have been possible prior to Obama’s administration. Today I’m sitting at 20 employees with a night shift, with the most business this company has ever had. I owe quite a bit of this success to the current administration, and the way they handled certain aspects of the recession.
As for the idea that a small business owner is not entirely responsible for his successes, I would absolutely agree, and my Grandfather would have as well. We all rely on the successes of people before us, and those around us. Nobody acts in a bubble.
I realize this is anecdotal, but it’s just my perspective on Obama and small business owners.[/quote]
I just asked my father what he thought of what you said…he told me to ask why your grandfather would agree with this?..my father started his business in the late 70’s and said that local/state/federal governments were of ZERO help to him getting off the ground.
You seem to be very much the exception to the rule.[/quote]
Not only are they no help they are a big hinderance.
Local government will harass you with zoning laws and excessive property taxes.
Most states are hurting and taxes are going up. Some states that have been run by democrats for a long period of time (or liberal republicans) like New York and California are already on the brink of collapse and will dig further into your pockets.
And as I said in another post Obama’s health care program is the biggest tax hike in the history of our country! And in addition to that he plans on allowing the Bush tax cuts for all Americans to expire on January 1st. That means we will all be paying 5% more in income tax.
Anyone who says government helped them with their business is either an idiot or truly been mislead.
the number one enemy of business both small and large is the government. And under Obama the government has gotten much larger and far meaner.
[quote]ZEB wrote:
How did he get into Harvard a very expensive school that takes more than just grades to get into. [/quote]
You do know that his father was a Harvard grad which makes Obama a legacy student and thus the standards for admission are different. And explain the “more than just grades” statement.
[quote]flipcollar wrote:
My business would have survived either way, the whole point is that my employees ALL kept their jobs. If the law hadn’t been what it was, layoffs would have happened. Obama’s policies kept people employed.[/quote]
Obama has not created one single job while President of the US. Did you know that? No probably not.
-46 straight months of unemployment over 8%, not including the depression this is a record.
-Debt at almost 16 trillion! That is 6 trillion more than when he took office!
-A power grab (called national health care) that puts 1/6th of the economy under government control.
Yeah, your boy Obama is quite the man!
But I suppose your posts are at least entertaining please keep it up we needed something like this.
LOL
[quote]ZEB wrote:
Well it is nice to inherit a business and you should thank your grandfather and father they set you up in a great position. I was not that lucky I had to do it myself. And I can tell you from first hand experience that one big enemy of business, small or large is government in the form of regulation and taxes. And that’s without even addressing the outlandish inheritance tax where the government swoops in and takes 55% of every dime you leave your children.
Basically government IS the enemy and the less of it the better!
That’s why Obama must go.
And if you think Obama helped you by extending unemployment think again. He will be back around with the biggest tax hike on business in the history of the country it’s called national health care.
One more point, I have no idea of your corporate entity but if it is an “S” or “LLC” your income flows through the company directly to you. That means that you are one of the evil rich! And as of January first if Obama has his way you will be paying 5% more on your income taxes.
You’re not paying attention if you actually think government is not your enemy and you think Obama has helped you—But thanks for the laugh.
[/quote]
A few things on this: there are plenty of ways around that huge inheritance tax, you should know this.
You also don’t seem to understand why the unemployment benefited my business, because you’re talking about how I’m going to get taxed. It helped my employees, not necessarily me. I’m well educated, and well experienced, I don’t concern myself too much with how I’m going to get my next dime. My concern during the recession was my employees.
The health care stuff will also benefit my employees. I don’t care if I have to pay more taxes.
Yes, it is an LLC. Again, personal accumulation of wealth is not a huge concern for me. An extra 5 percent tax is not a big deal.
[quote]ZEB wrote:
Anyone who says government helped them with their business is either an idiot or truly been mislead.
[/quote]
I think one argument is that the education you received that gave you the tools to open and run a business was govt funded. The military that protects the nation so you are free to run a business is govt funded.
[quote]flipcollar wrote:
Nobody acts in a bubble.
[/quote]
Again, if this were the words he had used, I don’t think there would be as much flack coming from him.
But those, were very much not, the words he used. He picked his words carefully and said what he wanted to say, how he said it, because it is what he believes.
You are Obama’s enemy man, listen to his words. YOU are being discriminated agaisnt.
[quote]zecarlo wrote:
[quote]ZEB wrote:
How did he get into Harvard a very expensive school that takes more than just grades to get into. [/quote]
You do know that his father was a Harvard grad which makes Obama a legacy student and thus the standards for admission are different. And explain the “more than just grades” statement. [/quote]
I do know that his father was forced out of Harvard. Hardly a great legacy. And I also know Harvard is one of the most expensive schools to attend in the US. Where did he get the money to attend? And what are his grades? Why were they sealed?
These are questions that should have been answered when he was running the first time, but the press must have just forgot to ask them. Yeah…it was just a slip of the memory. Or, they were too busy bashing McCain to pay attention to these trivial matters.
[quote]zecarlo wrote:
[quote]ZEB wrote:
Anyone who says government helped them with their business is either an idiot or truly been mislead.
[/quote]
I think one argument is that the education you received that gave you the tools to open and run a business was govt funded. The military that protects the nation so you are free to run a business is govt funded. [/quote]
Um no. It is funded off the backs of the working citizens.
The “govt” didn’t fund shit. The people did.
There is a large difference that isn’t just semantics.
EVEN IF the government provided actual assistance to starting successful business, the business and the owner, through taxes, paid for the assistance themselves 100 times over.
If I were to continually take 50 % of your salary, then give you a couple hundred bucks to help out when bills are piling up, did I get you through the tough times?
[quote]countingbeans wrote:
[quote]pat wrote:
[quote]UtahLama wrote:
[quote]countingbeans wrote:
[quote]ZEB wrote:
Which has nothing to do with the fact that Obama’s words are accurate. He wants those of us who have succeeded financially to pay more in taxes. This is just another way to slap those who have succeeded.
[/quote]
Hold on a second homie, YOU didn’t do shit. YOU didn’t pave the roads you used to drive to work, or create the internet. YOU aren’t anything, and that is why YOU should give back, because YOU are actually worth less than someone who didn’t do what YOU did.
SHit, YOU obviously didn’t even write the checks out of YOUR bank account to pay the people you employ.
Jeeze man, get with the times dawg. It is okay to discriminate as long as the group you are picking on has enough money.[/quote]
Aside from the dawg part…this was verbatim listing to my father (business owner, employ’s around 15 people) this morning over coffee.
Dude was fucking LIVID.
[/quote]
As he should be. I just hope he keeps saying stupid shit like that through out his campaign…
“You didn’t build the road you take to work, so you didn’t build you business on your own” What an idiot.
[/quote]
Well, he can say it all he wants. No one outside of Fox is reporting on it.
He could call for extermination of Eskimos and 3/4 of the country would never hear about it unless Snookie brought it up between stints of giving her child fetal alcohal syndrome…
sorry, been a long day for me, lol[/quote]
Maybe, but like it or not Fox is the biggest news outlet. So it’s getting out. I have seen this pattern before. Fox is the only one reporting it, until the word gets out and people are really pissed, then everybody else will pick it up.
It’s like ACORN…NOBODY but Fox reported on it for 2 weeks, then everybody else was forced to pick it up when ever liberal bloggers started pointing out the obvious bias…
[quote]flipcollar wrote:
An extra 5 percent tax is not a big deal.[/quote]
LOL.
Speak for yourself homie. I would much rather that 5% went into my daughter’s 529, my son’s 529 or my 401k.
Fuck giving it to people that are going to piss it away, without at least bitching about it.
[quote]ZEB wrote:
[quote]flipcollar wrote:
My business would have survived either way, the whole point is that my employees ALL kept their jobs. If the law hadn’t been what it was, layoffs would have happened. Obama’s policies kept people employed.[/quote]
Obama has not created one single job while President of the US. Did you know that? No probably not.
-46 straight months of unemployment over 8%, not including the depression this is a record.
-Debt at almost 16 trillion! That is 6 trillion more than when he took office!
-A power grab (called national health care) that puts 1/6th of the economy under government control.
Yeah, your boy Obama is quite the man!
But I suppose your posts are at least entertaining please keep it up we needed something like this.
LOL[/quote]
you’re so entrenched in your own political dogma, there’s zero point in arguing with you.
keep in mind, my post was just anecdotal. I stated that. I think it’s funny that you’re making all these arguments that don’t particularly refute or even relate to my original post, or the ramifications of what’s happened with the specific benefit I was talking about. The bottom line of what I said originally was that the policy prevented layoffs. Isn’t the fact that jobs weren’t lost (that otherwise absolutely would have been) tantamount to job creation? Just curious if that crossed your mind, since you said not one job was created. Job loss, in this circumstance, was prevented.
[quote]pat wrote:
Maybe, but like it or not Fox is the biggest news outlet. So it’s getting out. I have seen this pattern before. Fox is the only one reporting it, until the word gets out and people are really pissed, then everybody else will pick it up.
It’s like ACORN…NOBODY but Fox reported on it for 2 weeks, then everybody else was forced to pick it up when ever liberal bloggers started pointing out the obvious bias…[/quote]
God I hope you are correct.
[quote]DoubleDuce wrote:
If I were to continually take 50 % of your salary, then give you a couple hundred bucks to help out when bills are piling up, did I get you through the tough times?[/quote]
TRUTHHAMMER
[quote]countingbeans wrote:
[quote]flipcollar wrote:
An extra 5 percent tax is not a big deal.[/quote]
LOL.
Speak for yourself homie. I would much rather that 5% went into my daughter’s 529, my son’s 529 or my 401k.
Fuck giving it to people that are going to piss it away, without at least bitching about it.[/quote]
NO no no…
I expect him to back this up by mailing me 5% of his income. CB, you should get him to send you 5% also.