Job Creators Not Invited...Again!

For all the talk of saving the middle class, President Obama is using the same old script that dismisses the middle class. With the fiscal cliff looming, and gathering more attention from the public, we are about to get the same dog and pony show that kicked off the first term. "Leaders" from business, labor, and academia will be invited to the White House to chime in on solutions. This is a farce. I suspect it's an attempt to be seen working across the aisle, but the gathering is no different than the so-called Jobs Council that rarely met, and did nothing to create jobs.

President Obama dismisses 3% of small businesses directly hit with his ideal tax rates; however, he can't dismiss the fact that they generate 50% of all small business profits, and 40% of hiring. (We heard how GM, with only 60,000 American employees, saved the entire auto industry, but can't get honest about collateral damage that will be done choking off successful small businesses.) I consider a business with 500 or less employees to be small, but let's take a look at those with 50 or less, and see the economic impact via job hiring over the past year. Overall, these businesses generated 713,000 jobs according to ADP. Where would the unemployment number be without them?

Where would Barack Obama be without them?

Read more: http://finance.townhall.com/columnists/charlespayne/2012/11/14/job_creators_not_invitedagain/page/full/