Obamanomics is a capitalism ax murderer.
In the whole “circle of life” scenario, if there are more deaths than births in a population, the population will eventually die. So it is in the business.
In a stunning recent report, Gallup CEO and Chairman Jim Clifton revealed that for the first time in 35 years, American business deaths now outnumber business births.” Either business has gone gay, or somebody’s killing it.
Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
So in other words, during the Era of Obama, businesses are collapsing at what would be an alarming rate, if we weren’t grading on the Affirmative Action curve.
So it is in the business world as well. Obamacare forces more “overhead” on the backs of business owners, not to mention he or she is limited as to the amount of employees they can hire, before MORE regulations “kick in”. Obama’s naivete, tied with ObamaCare are the main reasons for the decline. ObamaCare adds not a single medical innovation, better hospitals, more doctors or nurses, it just adds overhead; and at a hefty ransom.
Entrepreneurs are looking for ways around ObamaCare, and the economy is suffering.
Should Congress Remove Biden from Office?
There is good news: the Black Market is thriving.
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