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GUEST EDITORIAL: Working families are real job creators

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GUEST EDITORIAL: Working families are real job creators | Eric Stewart, Congress, Elections, Scott DesJarlais, Politics, Taxes, Economy, Consumer Index, Unemployment, Jobs, Business, Voices, Guest Editorial, Voices

Eric Stewart

A lot of rhetoric has emerged over the past few years about what it takes to get the economy going.

The phrase “job creators” has become a political buzzword that is often times used to denounce any form of regulation and used to support theories that big corporations, millionaires and billionaires should continue to receive large tax breaks and exemptions.

A combination of these efforts should be explored, but it is also worth looking at what the No. 1 reason is for businesses not hiring new employees: a lack of demand from customers.

A Gallup survey released in February showed that 71 percent of small businesses that are not looking to hire new employees are holding back because there is not enough demand to justify new hires.

A similar study was conducted and released by the National Federation of Independent Businesses in May. The NFIB study showed that declining sales is the largest reason why small businesses are not hiring, much more so than business taxes or government regulations.

Studies released by the American Sustainable Small Business Council, the Main Street Alliance and the Small Business Majority also cite weak customer demand as the most important problem facing small businesses.

I have had round table discussions with small-business owners in Murfreesboro and across the newly drawn 4th Congressional District. They all say the exact same thing: They will hire new employees when they have more customers.

When consumer demand is listed overwhelmingly as the primary reason why businesses are not hiring new employees, the government should be doing everything that it can to make life easier for the largest consumer base in our country: working families that are part of the middle class.

Put simply, when working families have more money in their pockets, they are going to become customers who purchase goods and services in our local communities from our local businesses.

A strong middle class is vital to a strong economy, and this is something Congress and my opponent do not seem to understand.

Republican U.S. Rep. DesJarlais has voted to allow payroll taxes to increase on working families who are part of the middle class, and he has voted to give more tax breaks to big corporations that often times only add to our employment crisis by sending jobs overseas.

To me, the real job creators are working families – the mom who buys her daughter a new outfit before she starts school and the family that hires a local construction company to do home improvement projects that have been put off.

When the demand for goods and services increases beyond what small businesses are able to produce with their current employees, then, and only then, will they hire new employees.

Improving our economy is about more than buzzwords created by chief executive officers, lobbyists and partisan organizations. It is about listening to what small-business owners are saying and recognizing that customer demand is the No. 1 reason why they are not hiring.

That is why fighting for working families is so important, and it is what I commit to doing if elected to Congress.

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Business, Congress, Consumer Index, Economy, Elections, Eric Stewart, Guest Editorial, Jobs, Politics, Scott DesJarlais, Taxes, Unemployment, Voices
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October 28, 2012 at 9:47am
The "payroll tax increase" is letting the temporary cut in the Social Security taxes expire as was planned. Funding the underfunded Social Security is one of the problems the govt. faces. Stewart knows this (or at least he should) but increasing debt doesn't seem to bother him. This robbing Peter to pay Paul economic theory has been going on for four years and all it has done is increase the nations debt.
October 31, 2012 at 10:10am
Actually Social Security could be "saved" by simply moving the payroll cap from it's present number which was set in the Ray-gun years it was indexed for inflation but not the decrease in value of the Dollar.
Salaries in most parts of the Country had been keeping up with the purchasing power of the dollar with the notable exception of the Old Confederate South . This, for many, salary creep passed the cap on Social Security.

In 1984 you could buy a new Chevy Impala for $7000.00 a cell phone was an analog brick that then cost me $700.00 could make limited call, while a new hard drive for an IBM personal Computer which was 5 Megs cost $400.00 Heck my first One Gigabit hard drive cost me almost $1000.00. Things change and unfortunately Congress has not seen fit to change the cap on Social security which is an impediment for the solvency of Social Security.

A real unknown fact, that the politicians like to gloss over, is that a good portion of my generation of baby boomers will be the first generation since the start of Social Security that will not receive all of money that they have paid into that fund.
November 01, 2012 at 11:52am
Techie is correct! Instead of one "tax increase" make it two. That should help stimulate the economy.
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