Why unemployment is not getting better

Here are a few statistics that should scare all of us. According to a recent poll, 78 percent of business leaders believe that President Obama is anti-business and 81 percent of business leaders have no or little confidence in Obama's ability to manage our economy. Why does that matter? Those business leaders are the ones that invest in business and create the jobs that we all need. And right now, they are holding back their investments and they are not hiring because they believe that Obama will increase their taxes and make it harder for them to make a profit. Right now Obama and his team are slamming business leaders and bankers as fat cats. They are piling on new taxes and talking about dramatically increasing the cost of doing business in the United States with cap and trade, which will increase energy costs for everyone. Business leaders are standing on the sidelines because they may have to move more manufacturing to China or India, which will not impose cap and trade taxes. And those business leaders will not add jobs if they think that the current health care bill will pass, which will dramatically increase their costs. It may be popular to slam business leaders, but they are simply reacting logically to the environment they are forced to deal with. If they get it wrong, they can go out of business and lose their investments. Maybe President Obama should consider reality for a change and look for ways to work with business leaders to create a positive business environment which will create jobs, not alienate them and kill jobs. You think?

Randy Rossi

Grayslake