Posted: February 25, 2009, 10:47 AM by Leslie Grossman
We all heard the President's Address last night.
I listened especially carefully because CNN invited me to comment live on-air on "American Morning" this am.
I was smiling during most of the speech because I liked what I heard and also, because I was happy to be going on CNN. With the new Administration - transparency is the new policy. So I am being transparent, too. I was happy to get the opportunity on CNN to remind the world that it is small business that drives our economy. I was happy they invited a woman for a change. I didn't get much time on CNN, but I got in what I could.
Back to the President's address. It made me smile because in his opening remarks, he called out the importance of entrepreneurs. He said early on in his remarks - that lending would be unfrozen. Right now it's like an iceberg before climate change. Small business can't exist without a consistent flow of credit. So that's a big "yeh" in my book. He said, his focus is on healthcare (your # 1 issue per the recent WLE survey), energy and education - all critical for small business growth. I think "energy" is the "technology" of the nineties - that's when Google, Cisco and Microsoft started. The President talked about everyone taking responsibility! Small business owners do that. We don't sit around crying in our soup - we figure out how to keep doing business on less, how to create new revenue streams, how to reinvent our businesses for the "new economy".
So I feel hopeful, inspired and confident that we will all do what we need to do and that the President
will lead us out of this mess. I'm hoping the Congress feels inspired, too, and does the will of the people rather than political grandstanding from here on!!!
What do you think? What do you feel?
Posted: February 25, 2009, 10:02 PM by Nicole McHenry
You must not be a small bus. in CA (as i have been for 30 yrs). We are not getting any help. Instead we are getting more taxes added to what we already have.
The medical insurance for my staff is going up by $100.00 per person per month with a $1500.00 deductable and 150 Rx deductable and this is for HMO. We are being taxed higher on our company vehicle registration, gas tax and sales tax.
To top it all off. I am getting slapped in the face for paying my bills within 30 days (includes mortagage).
NO, I am definantly not excited or happy. I have tried to be very hopeful and positive, but for the first time in 30 years i may have to lay off some people. Whats really hard is that over 3/4 of these people have been with our company for over 15, 18, 20 and 25 years +.