With all of the talk about jobs, the results of Obama’s efforts are not working. In addition, massive taxes are on the way, Citibank has government ownership; we all know what GM stands for since the government took them over; bank and financial institutions, Obamacare, etc. The list could go on and on. After the inauguration, Obama has delivered on his “change” promises, that’s for sure, and reshaping America is happening at breakneck speed.
Is small business left behind? Apparently since they are not unionized, I would say yes. But there is more.
Take a look at the video I posted with an interview from the National Federation of Independent Business (NFIB) as well as read the letter from the Chamber of Commerce by clicking on the following link. Chamber
Here’s Part 2 in the series “Two Important Videos For Different Reasons”. The bunnies are cute, fuzzy and adorable.
The following rabbit video is more popular than the interview talking about small business. At the time of showing the rabbit video, the views are are 203,354 which can make the person, business, etc. showing short videos like this one more money due to the traffic it generates.
We know which video is more popular, but which is more important to you?
Thinking business, I was watching the commentary and interview of Bill Dunkelberg, National Federation of Independent Business (NFIB) Chief Economist. Obviously, jobs, taxes, Obamacare, etc. are very important for everyone; however, the video itself is not so popular. The video only has 291 views at the time I posted it.
Watch it anyway.
Then watch “Two Important Videos For Different Reasons…Part 2″
Take a look at how an American small business used a label to get a message out. You won’t see this on the large, corporate level and the creativity of small business sometimes has an advantage. Take a look at the English version of the label as compared to the one for the people in France.
Last year saw huge changes in the U.S. beginning just as Obama promised in his campaign. For example, GM’s CEO is out. Obama said new leadership. Therefore, government Motors is in. GM filed bankruptcy and was out of it in one month. So much for the shareholders. Dealerships had contracts canceled.
Quoting CNN from last year, “A senior GM official official told CNN that the White House and its auto task force had “sent very clear signals” that the key to more help was “new leadership” and something that would help the administration see real change.”
Real change, you bet.
Today, GM is 60% owned by the federal government and received $52 billion in federal aid. Even though the advertising says GM has paid the money back, it’s still a government controlled company. Did you know today’s GM CEO Whitaker receives $9 million in compensation? Where’s the outrage for CEO compensation from the White House on this one?
Will Government Motors be better run than when GM was in the private sector? When wast the last time the government acted fiscally responsible? Turned a profit? Had better products because it was competitive? If you need help, consider the Postal Service…going broke, reduction in service, etc.
In order to get more help, the government apparently tells businesses what to do and how to do it.
Small business doesn’t have that luxury. That’s good.
Small businesses and entrepreneurs generally have to keep sharper to turn a profit and compete. And that is good for the consumer. Better products, better prices, better service.
However, with any business – large or small – you can only have two of the three. Quality, service or price. Someone will beat you on one.
Small businesses generally do not get tax incentives, bailouts, reduced costs due to economies of scale – but somehow seem to make it work.
If customers don’t buy their products, it’s generally because the businesses are not competitive, innovated, or creative enough.
Speaking of good products, I remember people referring to GM products having a Fischer Price interior. Some of the pickup trucks looked like Lego’s. That sounds creative – if you are selling to my kids. However, there are some better autos, and ones I will buy in the future – Volvo, BMW, etc.
However, I bought a Ford this weekend.
I have a Suburban, only for a few more days, Also, living in Texas, Chevy’s air conditioners are horrible. I considered a Traverse, but decided against it for a few reasons. (Reread the above paragraphs.)
My Ford is nice and will serve its purpose, but I would really prefer a Volvo XC90 or a BMW, these cars “fit” and the performance and handling are superior. I’ll probably get one next.
I like my Volkswagon. When my mom asked what my VW wanted to be when it grew up, I said “a BMW and they are ‘Made in the USA’ “.