Business Owners Turning On Obama | InvestorPlaceA Gallup poll recently showed that 59% of business owners disapproved of the job Obama was doing. Only 35% of business owners approved.
Thats a 6% drop from the first quarter of this year, where 41% of business owners supported Obama. In even worse news for the president, this poll was taken before his comments on July 13, where he extolled how other people and government assisted people with their lives, saying If youve got a businessyou didnt build that. Somebody else made that happen. His approval ratings with business owners could decrease further once fallout from those comments are factored into polls.
Over the last 4-1/2 years Obama has been threatening the 250K crowd aka small business in this country with a federal tax rate of 36%. When you add in state and local taxes it's not inconceivable that the most innovative--risk taking--hardest working people on this planet could be paying .50 cents on every dollar they earn. In return--small business in this country--(the largest employer in this nation) have tucked in like a turtle and are waiting for the threat to leave.
Confirmation of this comes--from a Democrat CEO:
Steve Wynn's Anti-Obama Rant - Is He Right? - CBS News"I'm saying it bluntly, that this administration is the greatest wet blanket to business, progress and job creation in my lifetime. A lot of people don't want to say that. They'll say, 'Oh God, don't be attacking Obama.' Well, this is Obama's deal, and it's Obama that's responsible for this fear in America."
"The guy [Obama] keeps making speeches about redistribution, and maybe 'we ought to do something to businesses that don't invest or hold too much money.' We haven't heard that kind of talk except from pure socialists."
"Business is being hammered. The business community in this country is frightened to death of the weird political philosophy of the president of the United States. Until he's gone, everybody's going to be sitting on their thumbs."
"If you don't have a record to run on--you paint your opponent as someone people need to run from"--Barack Obama