Soros, Obama, And Krugman

[Kurt_and_Hunter]

September 20, 2010, 6:22 pm
Soros, Obama, And Me
Paul Krugman

What do we have in common? We’re all small business owners, according to Mitch McConnell. Obama and I make our business income off books — he sells the audacity of hope, Robin and I sell the misery of Econ 101; Soros makes his money off financial destruction directing funds to their most productive use; but we’re all in the same category as the owner of a small factory.

And if you raise my taxes, I’ll lay off half my employees, of which I have, um, zero.

http://krugman.blogs.nytimes.com/2010/09/20/soros-obama-and-me/

[xchrom]

1. Recommend

[phantom power]

2. Almost all my employers have been small businesses.

I've worked at small businesses for 20 years. In those 20 years, the subject of upcoming tax rates was never, ever mentioned in hiring strategy discussions. What was mentioned? Crazy shit like "how much work we'll have to do."

In other words, demand drives hiring, you supply-side worshipping chowderheads.