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Originally posted by Indigo5
reply to post by ownbestenemy
Mostly agree...the survey was also limited to NYC and SF...
In order to get the full cross-sections etc. on the survey you'd have to log-on to citibank and I am not willing to bust out my CC and go through the hassle.
The amount of political manipulation and evasion to guide the spending of billions of taxpayer dollars is disturbing to owners. Sixty (60) percent of those surveyed said now is a bad time to expand their businesses; one-in four of those owners cited political uncertainty as the main reason, second only to concerns about a weak economy. Investing in jobs or plant and equipment will remain at “maintenance” level until this is resolved.
Originally posted by ownbestenemy
And of the respondents, their single most important factor that worries them -- taxes, sales and gov't regulations. 2 of those can be remedied by Congress. Cut unnecessary regulations, cut capital gains taxes and consolidate many of the ridiculous amounts of red tape nonsense required to conduct business.