Weldon Doesn't Understand Small Business
Yesterday, Weldon staged a walking tour of small businesses in Ridley Park and said "We’re seeing an increase in small businesses". I think he has confused "more small businesses" with "more businesses becoming smaller" due to competition from the big businesses.
During the 2004 election, Bush talked about tax breaks that would help small business owners. However, his definition of small business owner included himself for having a stake in some small business venture in his portfolio. If guess Bill Gates would also qualify if he bought a 10% interest in a local pizza parlor.
As we all know, Bush and Weldon have put in place tax breaks and other incentives that have helped the biggest businesses at the expense of the smallest.
According to the Delco Times, John Sammartino (director of small business programs for the Delaware County Commerce Center) admitted that top 2 percent of businesses are big retailers and rake in 50% of the profits.
Reminding voters and small business owners how out of touch he is with their needs and reality, Weldon said "Small businesses can supply Boeing, I want the same thing from Lockheed Martin.".
Yeah, Curt, Boeing and Lockheed will be a real help to a local hat shop, bookstore, furniture store, etc. Oh, yeah, let's not forget about that helicopter-blade store on Main St.
It often seems that Curt thinks Boeing and Lockheed are the only businesses in this area. Is is really good for the 7th District if Boeing adds a few hundred employees and the rest of the district loses a thousand?
I think it's time for the voters of the 7th District to decide if they want a corporate pitchman or a real Congressman.
During the 2004 election, Bush talked about tax breaks that would help small business owners. However, his definition of small business owner included himself for having a stake in some small business venture in his portfolio. If guess Bill Gates would also qualify if he bought a 10% interest in a local pizza parlor.
As we all know, Bush and Weldon have put in place tax breaks and other incentives that have helped the biggest businesses at the expense of the smallest.
According to the Delco Times, John Sammartino (director of small business programs for the Delaware County Commerce Center) admitted that top 2 percent of businesses are big retailers and rake in 50% of the profits.
Reminding voters and small business owners how out of touch he is with their needs and reality, Weldon said "Small businesses can supply Boeing, I want the same thing from Lockheed Martin.".
Yeah, Curt, Boeing and Lockheed will be a real help to a local hat shop, bookstore, furniture store, etc. Oh, yeah, let's not forget about that helicopter-blade store on Main St.
It often seems that Curt thinks Boeing and Lockheed are the only businesses in this area. Is is really good for the 7th District if Boeing adds a few hundred employees and the rest of the district loses a thousand?
I think it's time for the voters of the 7th District to decide if they want a corporate pitchman or a real Congressman.
posted by David Diano at 9:27 AM
2 Comments:
I think you under estimate the improtance of having big businesses like Boeing and Lockheed Martin around in the region. Boeing may only employ a couple thousand people, but the economic impact in terms of job created is well above 10,000.
As far as local helicopter blade stores, there are actually dozens, possibly close to a hundred small defense companies in the region that supply parts to Being, everything from nuts and bolts to tires to machine tooling.
That's before we get into the lesser impact of Boeing on other small businesses, such as local restaurants, sandwich shops, furniture stores, office supplies, work clothing stores, cleaning services, landscapers, video production firms, truckers, etc.
If Boeing were to ever leave, the economic impact in the 7th district would be absolutely devastating. By even making light of the impact Boeing has, you are really showing that you don't have a full udnertsanding of the region's economy.
It blows my mind that you would
It would appear that the previous commenter believes in the trickle down theory of economics, which has be widely disproved as ineffective.
The Bush economic policy (or lack thereof), sanctioned by Weldon's votes, is mostly that the government helps the contributors to campaigns of GOP legislators.
If you think this strategy has benefited anyone but the fat cats, you are sadly mistaken. Economic indicators show a continuing decline in the earning power of the middle classes while the gap between rich and poor continues to widen.
Actually helping small and medium businesses, who provide the vast majority of jobs in all areas of this country, would be the real work that Weldon and Bush can't or won't do. The biggest barrier to hiring a new worker is healthcare costs - so wouldn't a look at universal health care be a good idea?
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