Monday, June 20, 2011

Noted Quote: Government Isn't The Solution

Congressman Tom Cole: It is time to acknowledge that government spending is not the solution to our high jobless rate. In fact, it is the problem, and job creators know it. A host of recent indicators show that employers are discouraged and pessimistic. One new survey from the National Federation of Independent Business found that more business owners expect to decrease their payrolls than expect to expand. One-third of those surveyed cite "taxes" or "government requirements" as factors in their difficulties. Only 5 percent of owners consider the current period a good time to grow their businesses, and a net negative 5 percent of owners expect better business conditions to occur in six months.

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