Toe Tapping PDF  | Print |  E-mail
Sunday, 15 February 2009 17:00


President Obama has scored his economic recovery package, at approximately the price tag he wanted and within approximately the time frame that he set.

It's Miller Time.

Meanwhile, throughout the process, much has been made within the small business community about the policy goodies (or lack thereof) the bill contains for us.

Mea culpa.

But the truth is that microbusiness owners don't really need more tax breaks and many probably wouldn't use them if they got them. In fact, there's relatively little in the way of policy goodies that would directly impact our situation right now.

What microbusiness owners really need are willing customers with money to spend. That's all.

In other words, the very best thing that could happen to help microbusinesses recover from the current downturn would be for the President's plan to just work.

So, what's with all the grousing?

That's pretty simple, too. We want to know that we matter.

After the last eight years of hearing a lot of talk about small businesses and watching a lot of policy skewed toward large and well-heeled corporate concerns, many of us were both hopeful and relieved when President Obama seemed to promise a more grassroots economic perspective.

There was a lot of talk on the campaign trail, too, about the "engine of the economy" and how important it is to keep that engine in good working order.

But talk is cheap.

When it comes to reassuring the nation's microbusinesses that the days of being ignored are over, this recovery package certainly didn't get it done.

Of course, it's still early days yet. Mr. O is only one month into his term of office, after all. He still has lots and lots of time to make good.

On the other hand, he's not going to get an entire four years for this, either.

We're still waiting — and not very patiently, either.

 

Now Playing at The Journal Blog

  • [Blog Talk Radio] Taxes: a conversation with Keith Hall
    submit_url = "http://blog.microenterprisejournal.com/2010/07/26/blog-talk-radio-taxes-a-conversation-with-keith-hall/"; This was about as close to angry as I’ve ever heard NASE tax expert Keith Hall get, but you really can’t blame him. Keith and I had a Microbusiness Conversation about microbusiness and taxes and, specifically, about those nasty (and stupid) new 1099 reporting requirements...
  • [Podcast] National Taxpayer Advocate Slams New 1099 Rules
    submit_url = "http://blog.microenterprisejournal.com/2010/07/20/podcast-national-taxpayer-advocate-slams-new-1099-rules/"; Everybody else is complaining about those new reporting requirement and the burden they’re going to impose on small businesses. Why should Nina Olsen be any different? Nina Olsen, in case you didn’t know, is the National Taxpayer Advocate over at the IRS. A few years...

Advertisement

Login



Advertisement

The MicroEnterprise Journal, P.O. Box 41, Sidney, NY 13838, 607.428.0521 (Ph.), info@microenterprisejournal.com
Office hours: Monday through Friday, 9:00 a.m. to 6:00 p.m.

The MicroEnterprise Journal is a media property of Wahmpreneur Publishing, Inc. Copyright © 2009 by The MicroEnterprise Journal. All rights reserved.

Home | RSS Feed Proudly Powered by Joomla Design by : Free Joomla 1.5 Template | Supported by : Modern Home Design | CSS | XHTML

Top