Among the several BIG LIES being floated by Washington and Wall Street these days
is the one that claims small business is the "powerhouse of job creation" in the US economy.
While small businesses may "create" many "jobs," they are mostly low wage, no benefit and very very unstable...
In truth, the backbone of the American Middle Class was the LARGE COMPANY JOB with health insurance and benefits... Not these pitiful parttime and temporary jobs that small business can afford.
Most small business fail...often shortly after opening. Main Street is always filled with businesses that are opening and closing in rapid order...usually after about the third rent payment comes due...
The fact is that small businesses have a hard time competing with the likes of Walmart and MickyD's, and the other Big Box Stores and national "catagory killers" at the malls.
Indeed, many, even most, small business are started by PEOPLE WHO CAN'T FIND A REAL JOB THEMSELVES! They never tell you about that!
Many corporate refugees from the ranks of middle management will buy or start a business with their "severance packages" in hopes of being able to stay out of the corporate rat race.
I know of one business broker who says that most of his clients are redundant middle managers who say: NEVER AGAIN WILL "THEY" DO THAT TO ME... As they seek their futures as indepentant small business people... Well Good Luck.
Even a few years ago, before Bush and the Republicans trashed the economy, some of these corporate refugees might "make it."
But now...with the American middle class vanishing; and with high gas prices stranding many shopppers at home with maxed out credit cards...things are getting really bad.
SMALL BUSINESS ARE GOING OUT OF BUSINESS ALL OVER THE PLACE...
MAIN STREET COMMERICAL REAL ESTATE IS A REVOLVING DOOR, WITH "NEW BUSINESSES" DESPERATELY TRYING TO MAKE IT..AND USUALLY FAILING WITHIN THE FIRST FEW MONTHS....AS THE LOCAL ECONOMY AND BUSINESS OVERHEAD CLOSE IN AROUND THEM.
The point is these desperate boomers who are starting businesses as an attempt to flee their downsizing large company jobs are mostly doomed to fail...
And any "employees" they do hire will be back on the unemployment lines within months.
Indeed, this reminds me of those "apple sellers" during the depression...who were so desperate for money that they quit looking for jobs that didn't exist, and started selling apples on the street corners!
SMALL BUSINESS MEN...ONE AND ALL!! 1930's REDUX...?
