Fox News Segment: Unemployment Rate & Jobs in America
I really enjoyed hearing all of your responses regarding the ongoing debate over what is best for our nation’s small businesses right now. Many of you jumped into the conversation after seeing me on the Bulls & Bears debate panel last weekend on Fox News. If you couldn’t watch, I made the point that although all the media headlines keep blaming the lack of jobs on one key issue, the reality is that it can be attributed to multiple things. If it were as easy as fixing just one problem, it would have already been done.
Unfortunately, I believe small businesses are caught in the “perfect storm” of these issues. Meaning that we currently have people in power that lack experience and understanding of what a small business actually requires and involves. Do they really understand the perspective of the small business owner or how big companies continue to really affect their businesses? There are other things to consider, such as the rules and regulations changes, the revamping of the financial industry and further variables that contribute to a long, long list.
It’s naïve to believe that one key issue is to blame for the high unemployment rate. The very people who believe that it’s as simple as fixing a single problem, also seem to believe that business owners need to jump in and start hiring. It’s amazing to me to hear of folks speaking about what business owners “need” to be doing, when in reality, they’ve never owned a business or done it themselves.
These people have to understand the differences in business structures and the struggles that small businesses undergo to produce results. When small businesses make the decision to hire, they must look at many factors. The small business owner must take into consideration the risks of hiring a new employee, such as a dynamic shift in the environment, learning curves, and the lower margin of immediate cost to return. These circumstances cannot be lumped into one issue that can be easily fixed. I wish it were that simple, but my experience in business has shown me that throwing anything against the wall to see whether it sticks is a counteractive plan for digging our way out of anything.
As a long time business owner, I would really like to see a well thought out plan that is vetted by real small business owners. A plan that will provide the results needed to get the legs back under small businesses, the stepping stones to move forward and the momentum to keep going. This is what I will continue to strive towards as the Small Business Voice for Fox Business each and every day!
2 comments
Loved listening to you today on Fox. Everything you said I had told my husband yesterday. Unions are bad for business and I truly believe they are why American jobs are forced to go overseas. Also your comparison of Greece and U.S. is on target. If the American people do not wake up we will be just like Greece within the next year! Thank you for standing on your beliefs. I wish our politicians had the same views.
when unions were a bigger part of the work force this country had little debt and consumers had spending power. now with free trade we are losing union and non-union manufacturing jobs to mexico india and china. even non-union jobs are leaving so corporations can take advantage of labor and the lack of rules in third world countries. this country was built on major manufacturing. now we have a 15 trillion debt and a real number of 18% unemployment. our minumum wage is 3 to 5 higher than wages in third world countries and china, we have terrible free trade deals pushed by republicans and their corp buddies. who is going to support your small business more? someone making a decent wage or what we have now, people barely able to buy gas to get to work and a few trips to the big box store filled with chinese products made with 80 cent per hour labor?