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Obama and the Unemployment Summit.

  • SQ_Crazies
    First of all, it's a joke that the NFIB and Chamber weren't invited to this--yet he says that small business is well represented.

    But did I honestly hear him correctly when he basically blamed unemployment on small business because "they've learned to be more productive with fewer employees, which is good for profits but not good for hiring." That they should be more worried about hiring people than their profits...

    Clearly as the head of what is basically the only "business" that doesn't have to turn a profit to stay afloat, he clearly doesn't understand how important your profits are. But I honestly can't believe I heard that today. I'm baffled. This guy is dumber than I ever could have thought. Want them to hire more people--maybe you ought to cut their taxes so they can make a profit AND hire new employees...hmm, maybe that makes too much sense to him. But does he not realize that in saying that, if everyone were to go along with it, not only would it kill the economy and MANY businesses in the long run--but if they're not making money then the government is going to lose A LOT of tax revenue. What a MORON!